NAICS 53

Real Estate and Rental and Leasing in Muncie, IN

Metro Market Score 47.6 (Moderate), ranked #199 of 330 metros. 117 establishments, 577 jobs.

Metro Market Score 47.6

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.

Labor costs are a clear advantage in Muncie's real estate and rental and leasing sector. The wage competitiveness index of 10.6 puts it among the lowest-cost metros, and wage pressure at 11.1 suggests that gap is holding steady.

Industry Concentration

57.3

LQ: 0.83

Rank #189 of 330 metros

Wage Competitiveness

10.6

$45,442 avg wage

Growth Trend

↓ 5.2

Employment growth index

Rank #314 of 330 metros

Wage Pressure

11.1

YoY wage change index

117 Real Estate and Rental and Leasing Firms in Muncie

117

Establishments

-0.8% YoY

577

Total Employment

-9.1% YoY

$45,442

Average Annual Wage

-0.9% YoY

0.83

Location Quotient

Below national avg

Within Indiana

#8 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

+11.1

worse than median (36.6)

Muncie 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	Muncie	IN Statewide
Overall Score	47.6 Moderate	30.2 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#199 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 Muncie

Information 20.7 Finance and Insurance 25.1 Construction 29.5 Accommodation and Food Services 37.9 Professional, Scientific, and Technical Services 48.5 Healthcare and Social Assistance 53.8 Other Services 56.2 Retail Trade 56.8 Administrative and Support Services 58.4

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 Michigan City-La Porte 39.1 #132/330 Indianapolis-Carmel-Greenwood 67.1 #308/330

Real Estate and Rental and Leasing Metros With Similar Conditions

Metros within 5 points of Muncie's 47.6 score. Useful when comparing markets with comparable entry profiles.

Kankakee, IL 47.5 #198/330 Bangor, ME 47.4 #197/330 Oxnard-Thousand Oaks-Ventura, CA 47.9 #200/330 Deltona-Daytona Beach-Ormond Beach, FL 47.4 #196/330 Greenville, NC 47.9 #201/330 Vallejo, CA 47.3 #195/330 Olympia-Lacey-Tumwater, WA 47.3 #194/330 Prescott Valley-Prescott, AZ 48.0 #202/330 Albany-Schenectady-Troy, NY 47.2 #193/330 Dover, DE 48.0 #203/330

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 Muncie's real estate and rental and leasing sector, the employment growth component (94.8) 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

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

Data period: 2024. Last updated: April 2026.

Metro Market Assessment