NAICS 53

Real Estate and Rental and Leasing in Bay City, MI

Metro Market Score 23.0 (Favorable), ranked #36 of 330 metros. 51 establishments, 407 jobs.

Metro Market Assessment

Metro Market Score 23.0
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

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

📈Rapid Growth✓Favorable Market

Employment in Bay City's real estate and rental and leasing sector grew faster than most metros last year, pushing its growth trend index to 97.6. Combined with a 23.0 market score, this metro sits in the top quartile for overall conditions.

Industry Concentration
47.3
LQ: 0.77
Rank #156 of 330 metros
Wage Competitiveness
31.2
$51,097 avg wage
Growth Trend
↑ 97.6
Employment growth index
Rank #9 of 330 metros
Wage Pressure
13.1
YoY wage change index

51 Real Estate and Rental and Leasing Firms in Bay City

51
Establishments
-15.0% YoY
407
Total Employment
+17.6% YoY
$51,097
Average Annual Wage
+0.6% YoY
0.77
Location Quotient
Below national avg

Bay City vs Michigan Statewide

How this metro's real estate and rental and leasing market compares to Michigan overall. The state ranks #26/51 for entry risk.

Measure Bay City MI Statewide
Overall Score 23.0 Favorable 39.3 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #36 of 330 metros #26 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 Bay City

Construction 23.9 Other Services 30.8 Finance and Insurance 31.5 Information 36.2 Healthcare and Social Assistance 51.6 Accommodation and Food Services 64.5 Professional, Scientific, and Technical Services 67.0 Retail Trade 69.3

Real Estate and Rental and Leasing in Other Michigan Metros

Saginaw 8.4 #2/330 Monroe 19.6 #24/330 Jackson 27.4 #54/330 Grand Rapids-Wyoming-Kentwood 30.2 #71/330 Muskegon-Norton Shores 31.8 #79/330 Battle Creek 34.5 #93/330 Traverse City 38.5 #121/330 Niles 38.9 #130/330 Flint 40.7 #148/330 Ann Arbor 44.3 #180/330

+ 4 more metros. View all in Michigan →

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 Bay City's real estate and rental and leasing sector, the industry concentration component (47.3) 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

Data period: 2024. Last updated: April 2026.