NAICS 53

Real Estate and Rental and Leasing in Detroit-Warren-Dearborn, MI

Metro Market Score 61.4 (Difficult), ranked #283 of 330 metros. 3,712 establishments, 31,841 jobs.

Metro Market Assessment

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

Market conditions for real estate and rental and leasing in Detroit-Warren-Dearborn are tougher than average. The 61.4 market score reflects a combination of high labor costs, mixed growth signals, and an already crowded field. Rank: #283 of 330 metros.

Industry Concentration
83.0
LQ: 1.07
Rank #274 of 330 metros
Wage Competitiveness
87.0
$71,196 avg wage
Growth Trend
48.5
Employment growth index
Rank #171 of 330 metros
Wage Pressure
17.1
YoY wage change index

3,712 Real Estate and Rental and Leasing Firms in Detroit-Warren-Dearborn

3,712
Establishments
-11.6% YoY
31,841
Total Employment
+0.4% YoY
$71,196
Average Annual Wage
+3.6% YoY
1.07
Location Quotient
Above national avg

Detroit-Warren-Dearborn 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 Detroit-Warren-Dearborn MI Statewide
Overall Score 61.4 Difficult 39.3 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #283 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 Detroit-Warren-Dearborn

Accommodation and Food Services 47.8 Healthcare and Social Assistance 48.6 Construction 50.0 Finance and Insurance 54.5 Other Services 58.5 Information 63.0 Retail Trade 63.5 Professional, Scientific, and Technical Services 79.1

Real Estate and Rental and Leasing in Other Michigan Metros

Saginaw 8.4 #2/330 Monroe 19.6 #24/330 Bay City 23.0 #36/330 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

+ 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 Detroit-Warren-Dearborn's real estate and rental and leasing sector, the wage competitiveness component (87.0) 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.