NAICS 53

Real Estate and Rental and Leasing in Bangor, ME

Metro Market Score 47.4 (Moderate), ranked #197 of 330 metros. 213 establishments, 782 jobs.

Metro Market Score 47.4

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.

Bangor's real estate and rental and leasing sector saw employment decline over the past year (growth trend: 17.6). That contraction, combined with a 47.4 market score, puts this metro in the lower half for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration

37.9

LQ: 0.70

Rank #125 of 330 metros

Wage Competitiveness

36.7

$51,989 avg wage

Growth Trend

↓ 17.6

Employment growth index

Rank #273 of 330 metros

Wage Pressure

20.3

YoY wage change index

213 Real Estate and Rental and Leasing Firms in Bangor

213

Establishments

-0.5% YoY

782

Total Employment

-3.8% YoY

$51,989

Average Annual Wage

+6.0% YoY

0.70

Location Quotient

Below national avg

Within Maine

#2 of 2

real estate and rental and leasing metros in state

Maine state rank

#6 of 51

for real estate and rental and leasing entry risk

vs State Median

0.0

matches median (47.4)

Bangor vs Maine Statewide

How this metro's real estate and rental and leasing market compares to Maine overall. The state ranks #6/51 for entry risk.

Measure	Bangor	ME Statewide
Overall Score	47.4 Moderate	28.3 Low
Score Type	Metro Market Score	Entry Risk Score
Rank	#197 of 330 metros	#6 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 Bangor

Administrative and Support Services 27.6 Finance and Insurance 30.3 Other Services 35.4 Professional, Scientific, and Technical Services 36.4 Information 43.9 Accommodation and Food Services 44.8 Construction 47.9 Healthcare and Social Assistance 53.8 Retail Trade 61.6

Real Estate and Rental and Leasing in Other Maine Metros

Lewiston-Auburn 29.9 #69/330

Real Estate and Rental and Leasing Metros With Similar Conditions

Metros within 5 points of Bangor's 47.4 score. Useful when comparing markets with comparable entry profiles.

Deltona-Daytona Beach-Ormond Beach, FL 47.4 #196/330 Kankakee, IL 47.5 #198/330 Vallejo, CA 47.3 #195/330 Olympia-Lacey-Tumwater, WA 47.3 #194/330 Albany-Schenectady-Troy, NY 47.2 #193/330 Muncie, IN 47.6 #199/330 Bellingham, WA 47.1 #192/330 Oxnard-Thousand Oaks-Ventura, CA 47.9 #200/330 Greenville, NC 47.9 #201/330 San Luis Obispo-Paso Robles, CA 46.9 #191/330

Real Estate and Rental and Leasing in States Bordering Maine

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

New Hampshire 29.6 #7/51

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 Bangor's real estate and rental and leasing sector, the employment growth component (82.4) 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 Bangor, ME MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment