NAICS 53

Real Estate and Rental and Leasing in Wichita, KS

Metro Market Score 52.5 (Challenging), ranked #236 of 330 metros. 668 establishments, 3,933 jobs.

Metro Market Score 52.5

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.

Real Estate and Rental and Leasing conditions in Wichita are mixed. The 52.5 market score puts it at #236 of 330, with no metric pulling sharply in either direction. Wages, growth, and competition are all within a normal range for this industry.

Industry Concentration

57.9

LQ: 0.83

Rank #191 of 330 metros

Wage Competitiveness

40.6

$52,748 avg wage

Growth Trend

↓ 20.6

Employment growth index

Rank #263 of 330 metros

Wage Pressure

20.3

YoY wage change index

668 Real Estate and Rental and Leasing Firms in Wichita

668

Establishments

+2.0% YoY

3,933

Total Employment

-3.4% YoY

$52,748

Average Annual Wage

+6.0% YoY

0.83

Location Quotient

Below national avg

Within Kansas

#3 of 3

real estate and rental and leasing metros in state

Kansas state rank

#29 of 51

for real estate and rental and leasing entry risk

vs State Median

+14.3

worse than median (38.3)

Wichita vs Kansas Statewide

How this metro's real estate and rental and leasing market compares to Kansas overall. The state ranks #29/51 for entry risk.

Measure	Wichita	KS Statewide
Overall Score	52.5 Challenging	41.4 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#236 of 330 metros	#29 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 Wichita

Finance and Insurance 38.1 Information 39.3 Other Services 46.8 Retail Trade 48.5 Construction 54.2 Professional, Scientific, and Technical Services 54.7

Real Estate and Rental and Leasing in Other Kansas Metros

Manhattan 27.1 #53/330 Lawrence 38.3 #118/330

Real Estate and Rental and Leasing Metros With Similar Conditions

Metros within 5 points of Wichita's 52.5 score. Useful when comparing markets with comparable entry profiles.

Fayetteville, NC 52.5 #235/330 Bremerton-Silverdale-Port Orchard, WA 52.6 #237/330 Kiryas Joel-Poughkeepsie-Newburgh, NY 52.3 #234/330 Akron, OH 52.8 #238/330 Eugene-Springfield, OR 52.2 #233/330 Provo-Orem-Lehi, UT 52.1 #232/330 Jacksonville, NC 53.0 #239/330 Elizabethtown, KY 52.0 #231/330 Salisbury, MD 52.0 #230/330 Napa, CA 53.0 #240/330

Real Estate and Rental and Leasing in States Bordering Kansas

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

Nebraska 26.3 #3/51 Missouri 39.2 #25/51 Oklahoma 42.0 #30/51 Colorado 52.1 #44/51

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 Wichita's real estate and rental and leasing sector, the employment growth component (79.4) 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 Wichita, KS MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment