NAICS 53

Real Estate and Rental and Leasing in Michigan City-La Porte, IN

Metro Market Score 39.1 (Moderate), ranked #132 of 330 metros. 91 establishments, 387 jobs.

Metro Market Score 39.1

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.

🌱Emerging Market

Few real estate and rental and leasing firms have established themselves in Michigan City-La Porte yet. The concentration index of 26.7 is well below the metro median, while employment growth is positive (trend: 63.3). That combination points to a market still building out.

Industry Concentration

26.7

LQ: 0.61

Rank #88 of 330 metros

Wage Competitiveness

66.4

$60,400 avg wage

Growth Trend

↑ 63.3

Employment growth index

Rank #122 of 330 metros

Wage Pressure

24.4

YoY wage change index

91 Real Estate and Rental and Leasing Firms in Michigan City-La Porte

Establishments

+2.2% YoY

387

Total Employment

+1.8% YoY

$60,400

Average Annual Wage

+9.1% YoY

0.61

Location Quotient

Below national avg

Within Indiana

#7 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

+2.6

worse than median (36.6)

Michigan City-La Porte 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	Michigan City-La Porte	IN Statewide
Overall Score	39.1 Moderate	30.2 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#132 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 Michigan City-La Porte

Finance and Insurance 29.6 Information 32.3 Other Services 38.0 Accommodation and Food Services 40.5 Healthcare and Social Assistance 46.8 Professional, Scientific, and Technical Services 47.4 Administrative and Support Services 51.5 Retail Trade 55.6 Construction 59.4

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 Evansville 36.6 #110/330 South Bend-Mishawaka 38.7 #127/330 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 Michigan City-La Porte's 39.1 score. Useful when comparing markets with comparable entry profiles.

Fort Smith, AR 39.1 #133/330 Coeur d'Alene, ID 39.0 #131/330 Niles, MI 38.9 #130/330 Pensacola-Ferry Pass-Brent, FL 38.8 #129/330 Blacksburg-Christiansburg-Radford, VA 38.7 #128/330 South Bend-Mishawaka, IN 38.7 #127/330 Palm Bay-Melbourne-Titusville, FL 38.7 #126/330 Ocala, FL 39.6 #134/330 Cheyenne, WY 38.6 #125/330 Mansfield, OH 38.5 #124/330

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 Michigan City-La Porte's real estate and rental and leasing sector, the wage competitiveness component (66.4) 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 Michigan City-La Porte, IN MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment