NAICS 53

Real Estate and Rental and Leasing in Midland, MI

Metro Market Score 49.3 (Challenging), ranked #214 of 330 metros. 55 establishments, 348 jobs.

Metro Market Assessment

Metro Market Score 49.3
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

Midland's real estate and rental and leasing sector saw employment decline over the past year (growth trend: 15.2). That contraction, combined with a 49.3 market score, puts this metro in the lower half for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration
23.6
LQ: 0.59
Rank #78 of 330 metros
Wage Competitiveness
58.2
$57,287 avg wage
Growth Trend
15.2
Employment growth index
Rank #281 of 330 metros
Wage Pressure
16.8
YoY wage change index

55 Real Estate and Rental and Leasing Firms in Midland

55
Establishments
-12.7% YoY
348
Total Employment
-4.7% YoY
$57,287
Average Annual Wage
+3.4% YoY
0.59
Location Quotient
Below national avg

Midland 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 Midland MI Statewide
Overall Score 49.3 Challenging 39.3 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #214 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 Midland

Real Estate and Rental and Leasing in Other Michigan Metros

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 Midland's real estate and rental and leasing sector, the employment growth component (84.8) 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.