NAICS 53

Real Estate and Rental and Leasing in Worcester, MA

Metro Market Score 61.4 (Difficult), ranked #284 of 330 metros. 667 establishments, 2,761 jobs.

Metro Market Score 61.4

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

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

💰High-Cost Market

Real Estate and Rental and Leasing employment in Worcester contracted year-over-year, placing the growth trend in the bottom quartile at 7.6. Declining job counts can indicate consolidation, population shifts, or reduced local demand. Due diligence on the local economy is especially important here.

Industry Concentration

13.6

LQ: 0.51

Rank #45 of 330 metros

Wage Competitiveness

96.4

$85,863 avg wage

Growth Trend

↓ 7.6

Employment growth index

Rank #306 of 330 metros

Wage Pressure

30.8

YoY wage change index

667 Real Estate and Rental and Leasing Firms in Worcester

667

Establishments

-9.6% YoY

2,761

Total Employment

-7.5% YoY

$85,863

Average Annual Wage

+13.9% YoY

0.51

Location Quotient

Below national avg

Within Massachusetts

#4 of 6

real estate and rental and leasing metros in state

Massachusetts state rank

#5 of 51

for real estate and rental and leasing entry risk

vs State Median

0.0

matches median (61.4)

Worcester vs Massachusetts Statewide

How this metro's real estate and rental and leasing market compares to Massachusetts overall. The state ranks #5/51 for entry risk.

Measure	Worcester	MA Statewide
Overall Score	61.4 Difficult	27.7 Low
Score Type	Metro Market Score	Entry Risk Score
Rank	#284 of 330 metros	#5 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 Worcester

Other Services 62.5 Information 65.6 Accommodation and Food Services 66.2 Administrative and Support Services 69.4 Construction 70.7 Retail Trade 74.0 Professional, Scientific, and Technical Services 76.1 Finance and Insurance 77.7 Healthcare and Social Assistance 84.9

Real Estate and Rental and Leasing in Other Massachusetts Metros

Amherst Town-Northampton 35.1 #99/330 Pittsfield 48.2 #204/330 Springfield 60.2 #275/330 Boston-Cambridge-Newton 66.6 #306/330 Barnstable Town 67.0 #307/330

Real Estate and Rental and Leasing Metros With Similar Conditions

Metros within 5 points of Worcester's 61.4 score. Useful when comparing markets with comparable entry profiles.

Detroit-Warren-Dearborn, MI 61.4 #283/330 Dallas-Fort Worth-Arlington, TX 61.5 #285/330 Santa Maria-Santa Barbara, CA 61.3 #282/330 Corpus Christi, TX 61.5 #286/330 St. Louis, MO 61.3 #281/330 Tampa-St. Petersburg-Clearwater, FL 61.1 #280/330 Las Vegas-Henderson-North Las Vegas, NV 61.9 #287/330 Boise City, ID 60.6 #279/330 Mobile, AL 60.5 #277/330 Washington-Arlington-Alexandria, DC 60.5 #278/330

Real Estate and Rental and Leasing in States Bordering Massachusetts

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 Vermont 30.1 #9/51 New York 37.6 #21/51 Rhode Island 37.8 #22/51 Connecticut 45.9 #37/51

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 Worcester's real estate and rental and leasing sector, the employment growth component (92.4) 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 Worcester, MA MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment