NAICS 53

Real Estate and Rental and Leasing in Indiana: 2026 Market Risk Report

Entry risk 30.2 (Moderate), ranked #10 of 51 states. 8,098 establishments, 36,576 jobs.

Entry Risk Assessment

Entry Risk Score 30.2
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Moderate

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

🛡️Stable Market

Indiana exhibits structural stability in real estate and rental and leasing, with volatility at 17.1 and firm retention ranking in the top 15. These metrics suggest lower cyclical risk compared to the national baseline.

5-Year Firm Retention
72.5%
Percentile within industry
Rank #15 of 51 states
Growth Momentum
38.1
Scale of 0-100
Rank #19 of 51 states
Establishment Density
18.6
vs. national average
Rank #16 of 51 states
Market Volatility
17.1
Lower is more stable
Wage Pressure Index
40.2
Labor cost pressure

8,098 Establishments in Indiana

8,098
Establishments
+2.9% YoY
36,576
Total Employment
-0.4% YoY
$61,599
Average Annual Wage
+3.2% YoY

Indiana vs National Real Estate and Rental and Leasing Average

How Indiana's real estate and rental and leasing market compares to the national average across all 51 states.

Metric IN National Difference
Entry Risk Score 30.2 40.5 -10.3
5-Year Retention 72.5% 51.0% +21.5
Growth Momentum 38.1 39.4 -1.3
Market Volatility 17.1 22.1 -5.0
Establishment Density 18.6 34.1 -15.6
Wage Pressure 40.2 45.1 -4.9

Green = favorable vs national average. Red = less favorable. Metrics are relative within real estate and rental and leasing only.

Indiana Ranks #10 of 51 for Real Estate and Rental and Leasing

Indiana ranks #10 out of 51 states for real estate and rental and leasing market entry conditions.

Real Estate and Rental and Leasing Entry Risk by State

Rank State Risk Score Classification
#1 Pennsylvania 24.5 low
#2 Wisconsin 26.0 low
#3 Nebraska 26.3 low
#4 South Dakota 26.4 low
#5 Massachusetts 27.7 low
#10 Indiana You 30.2 moderate
Entry Risk by State Alaska — 34.9 · #15 Alabama — 31.9 · #13 Arkansas — 30.5 · #12 Arizona — 52.4 · #46 California — 47.1 · #39 Colorado — 52.1 · #44 Connecticut — 45.9 · #37 District of Columbia — 38.5 · #24 Delaware — 53.2 · #47 Florida — 54.7 · #49 Georgia — 51.6 · #43 Hawaii — 60.3 · #50 Iowa — 35.6 · #16 Idaho — 43.4 · #32 Illinois — 44.3 · #33 Indiana — 30.2 · #10 Kansas — 41.4 · #29 Kentucky — 30.3 · #11 Louisiana — 44.5 · #34 Massachusetts — 27.7 · #5 Maryland — 50.4 · #42 Maine — 28.3 · #6 Michigan — 39.3 · #26 Minnesota — 42.1 · #31 Missouri — 39.2 · #25 Mississippi — 30.0 · #8 Montana — 37.5 · #20 North Carolina — 38.1 · #23 North Dakota — 54.3 · #48 Nebraska — 26.3 · #3 New Hampshire — 29.6 · #7 New Jersey — 37.3 · #19 New Mexico — 52.3 · #45 Nevada — 61.9 · #51 New York — 37.6 · #21 Ohio — 33.2 · #14 Oklahoma — 42.0 · #30 Oregon — 44.8 · #35 Pennsylvania — 24.5 · #1 Rhode Island — 37.8 · #22 South Carolina — 44.9 · #36 South Dakota — 26.4 · #4 Tennessee — 37.2 · #18 Texas — 41.4 · #28 Utah — 46.6 · #38 Virginia — 35.6 · #17 Vermont — 30.1 · #9 Washington — 48.0 · #40 Wisconsin — 26.0 · #2 West Virginia — 40.6 · #27 Wyoming — 49.6 · #41
Low Moderate Elevated High

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About Entry Risk Score: A weighted composite of firm retention, growth momentum, market volatility, establishment density, and wage pressure. Lower scores indicate more favorable conditions. Read full methodology →

Data Sources

Data period: 2024. Last updated: February 2026. Next refresh expected: Q2 2026 (BLS QCEW update).

Compare to Another State

How does Indiana stack up against other states for real estate and rental and leasing?

Select a state above to see the comparison

Real Estate and Rental and Leasing in Neighboring States

How Indiana's real estate and rental and leasing market compares to bordering states.

Kentucky 30.3 #11/51 Ohio 33.2 #14/51 Michigan 39.3 #26/51 Illinois 44.3 #33/51

Other Industries in Indiana

Construction → Healthcare and Social Assistance → Retail Trade → Accommodation and Food Services → Professional, Scientific, and Technical Services → Finance and Insurance → Administrative and Support Services → Information → Other Services →