NAICS 53

Real Estate and Rental and Leasing in Kalamazoo-Portage, MI

Metro Market Score 67.6 (Difficult), ranked #310 of 330 metros. 203 establishments, 1,793 jobs.

Metro Market Assessment

Metro Market Score 67.6
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 Kalamazoo-Portage contracted year-over-year, placing the growth trend in the bottom 10% at 13.0. Declining job counts can indicate consolidation, population shifts, or reduced local demand. Due diligence on the local economy is especially important here.

Industry Concentration
72.7
LQ: 0.96
Rank #240 of 330 metros
Wage Competitiveness
75.2
$63,812 avg wage
Growth Trend
↓ 13.0
Employment growth index
Rank #288 of 330 metros
Wage Pressure
22.7
YoY wage change index

203 Real Estate and Rental and Leasing Firms in Kalamazoo-Portage

203
Establishments
-20.7% YoY
1,793
Total Employment
-5.2% YoY
$63,812
Average Annual Wage
+7.8% YoY
0.96
Location Quotient
Below national avg

Kalamazoo-Portage 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 Kalamazoo-Portage MI Statewide
Overall Score 67.6 Difficult 39.3 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #310 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 Kalamazoo-Portage

Information 43.7 Administrative and Support Services 61.2 Accommodation and Food Services 65.8 Retail Trade 66.6 Construction 69.5 Finance and Insurance 70.0 Professional, Scientific, and Technical Services 70.1 Other Services 74.7 Healthcare and Social Assistance 75.8

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 Kalamazoo-Portage's real estate and rental and leasing sector, the employment growth 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.