NAICS 53

Real Estate and Rental and Leasing in Niles, MI

Metro Market Score 38.9 (Moderate), ranked #130 of 330 metros. 150 establishments, 493 jobs.

Metro Market Assessment

Metro Market Score 38.9
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

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

Labor costs are a clear advantage in Niles's real estate and rental and leasing sector. The wage competitiveness index of 18.5 puts it among the lowest-cost metros, and wage pressure at 25.1 suggests that gap is holding steady.

Industry Concentration
14.6
LQ: 0.52
Rank #48 of 330 metros
Wage Competitiveness
18.5
$47,520 avg wage
Growth Trend
↓ 14.6
Employment growth index
Rank #283 of 330 metros
Wage Pressure
25.1
YoY wage change index

150 Real Estate and Rental and Leasing Firms in Niles

150
Establishments
-12.3% YoY
493
Total Employment
-4.8% YoY
$47,520
Average Annual Wage
+9.6% YoY
0.52
Location Quotient
Below national avg

Niles 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 Niles MI Statewide
Overall Score 38.9 Moderate 39.3 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #130 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 Niles

Information 20.3 Healthcare and Social Assistance 26.7 Professional, Scientific, and Technical Services 33.3 Retail Trade 33.4 Other Services 39.4 Finance and Insurance 44.1 Accommodation and Food Services 49.4 Construction 50.1 Administrative and Support Services 56.2

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 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 Niles's real estate and rental and leasing sector, the employment growth component (85.5) 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.