NAICS 53

Real Estate and Rental and Leasing in Monroe, MI

Metro Market Score 19.6 (Favorable), ranked #24 of 330 metros. 66 establishments, 223 jobs.

Metro Market Assessment

Metro Market Score 19.6
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🌱Emerging Market

Monroe ranks in the top 10% for real estate and rental and leasing market conditions, driven by above-average employment growth. With a market score of 19.6, conditions are relatively favorable compared to most metros.

Industry Concentration
2.1
LQ: 0.35
Rank #7 of 330 metros
Wage Competitiveness
37.9
$52,328 avg wage
Growth Trend
↑ 89.1
Employment growth index
Rank #37 of 330 metros
Wage Pressure
31.4
YoY wage change index

66 Real Estate and Rental and Leasing Firms in Monroe

66
Establishments
-7.0% YoY
223
Total Employment
+7.2% YoY
$52,328
Average Annual Wage
+14.3% YoY
0.35
Location Quotient
Below national avg

Monroe 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 Monroe MI Statewide
Overall Score 19.6 Favorable 39.3 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #24 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 Monroe

Information 15.5 Finance and Insurance 17.3 Healthcare and Social Assistance 27.3 Accommodation and Food Services 43.1 Construction 45.3 Other Services 52.0 Retail Trade 55.1 Administrative and Support Services 72.5

Real Estate and Rental and Leasing in Other Michigan Metros

Saginaw 8.4 #2/330 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 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 Monroe's real estate and rental and leasing sector, the wage competitiveness component (37.9) 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.