NAICS 53

Real Estate and Rental and Leasing in Champaign-Urbana, IL

Metro Market Score 59.2 (Challenging), ranked #268 of 330 metros. 226 establishments, 1,502 jobs.

Metro Market Assessment

Metro Market Score 59.2
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

ⓘ Lower is better. Relative to national real estate and rental and leasing average.

Champaign-Urbana scores 59.2 on the Metro Market Score for real estate and rental and leasing, placing it in the bottom quartile. High wage costs, strong existing competition, or slowing growth contribute to tougher entry conditions compared to most metros.

Industry Concentration
69.1
LQ: 0.93
Rank #228 of 330 metros
Wage Competitiveness
54.9
$56,525 avg wage
Growth Trend
↓ 21.2
Employment growth index
Rank #261 of 330 metros
Wage Pressure
22.8
YoY wage change index

226 Real Estate and Rental and Leasing Firms in Champaign-Urbana

226
Establishments
-2.2% YoY
1,502
Total Employment
-3.3% YoY
$56,525
Average Annual Wage
+7.9% YoY
0.93
Location Quotient
Below national avg

Champaign-Urbana vs Illinois Statewide

How this metro's real estate and rental and leasing market compares to Illinois overall. The state ranks #33/51 for entry risk.

Measure Champaign-Urbana IL Statewide
Overall Score 59.2 Challenging 44.3 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #268 of 330 metros #33 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Champaign-Urbana

Retail Trade 24.9 Construction 49.7 Professional, Scientific, and Technical Services 53.4 Other Services 54.0 Finance and Insurance 54.1 Administrative and Support Services 56.2 Information 58.6

Real Estate and Rental and Leasing in Other Illinois Metros

Decatur 24.3 #39/330 Rockford 38.5 #123/330 Bloomington 43.4 #172/330 Kankakee 47.5 #198/330 Chicago-Naperville-Elgin 69.1 #315/330

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Champaign-Urbana's real estate and rental and leasing sector, the employment growth component (78.8) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Data period: 2024. Last updated: April 2026.