NAICS 53

Real Estate and Rental and Leasing in Evansville, IN

Metro Market Score 36.6 (Moderate), ranked #110 of 330 metros. 315 establishments, 1,672 jobs.

Metro Market Score 36.6

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

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

Despite a mature real estate and rental and leasing presence (concentration: 51.5), Evansville is still adding jobs in this sector. Growth trend sits at 60.6, and the overall 36.6 market score lands in the upper half. Established markets with growth are worth a closer look.

Industry Concentration

51.5

LQ: 0.80

Rank #170 of 330 metros

Wage Competitiveness

30.9

$51,022 avg wage

Growth Trend

↑ 60.6

Employment growth index

Rank #131 of 330 metros

Wage Pressure

20.7

YoY wage change index

315 Real Estate and Rental and Leasing Firms in Evansville

315

Establishments

-11.0% YoY

1,672

Total Employment

+1.6% YoY

$51,022

Average Annual Wage

+6.3% YoY

0.80

Location Quotient

Below national avg

Within Indiana

#5 of 9

real estate and rental and leasing metros in state

Indiana state rank

#10 of 51

for real estate and rental and leasing entry risk

vs State Median

0.0

matches median (36.6)

Evansville vs Indiana Statewide

How this metro's real estate and rental and leasing market compares to Indiana overall. The state ranks #10/51 for entry risk.

Measure	Evansville	IN Statewide
Overall Score	36.6 Moderate	30.2 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#110 of 330 metros	#10 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 Evansville

Information 36.9 Administrative and Support Services 58.0 Retail Trade 59.8 Accommodation and Food Services 60.2 Other Services 63.6 Construction 66.1 Finance and Insurance 67.2

Real Estate and Rental and Leasing in Other Indiana Metros

Columbus 12.6 #5/330 Kokomo 20.5 #26/330 Elkhart-Goshen 21.4 #29/330 Fort Wayne 34.1 #89/330 South Bend-Mishawaka 38.7 #127/330 Michigan City-La Porte 39.1 #132/330 Muncie 47.6 #199/330 Indianapolis-Carmel-Greenwood 67.1 #308/330

Real Estate and Rental and Leasing Metros With Similar Conditions

Metros within 5 points of Evansville's 36.6 score. Useful when comparing markets with comparable entry profiles.

Ithaca, NY 36.4 #109/330 Carson City, NV 36.2 #108/330 Sumter, SC 37.1 #111/330 Lakeland-Winter Haven, FL 37.1 #112/330 Springfield, OH 36.0 #107/330 Sierra Vista-Douglas, AZ 37.1 #113/330 Altoona, PA 35.8 #106/330 Modesto, CA 35.8 #104/330 Lancaster, PA 35.8 #105/330 Lexington Park, MD 35.6 #103/330

Real Estate and Rental and Leasing in States Bordering Indiana

State-level entry risk for real estate and rental and leasing in adjacent states. Use this to weigh cross-border options.

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

Browse Real Estate and Rental and Leasing in Other States

State-level entry risk reports for real estate and rental and leasing across all 51 markets, sorted by rank.

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 Evansville's real estate and rental and leasing sector, the industry concentration component (51.5) 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Evansville, IN MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment