NAICS 53

Real Estate and Rental and Leasing in Mankato, MN

Metro Market Score 33.8 (Favorable), ranked #88 of 330 metros. 106 establishments, 891 jobs.

Metro Market Score 33.8

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.

Employment in Mankato's real estate and rental and leasing sector grew faster than most metros last year, pushing its growth trend index to 71.5. Combined with a 33.8 market score, this metro sits in the upper half for overall conditions.

Industry Concentration

80.0

LQ: 1.03

Rank #264 of 330 metros

Wage Competitiveness

3.6

$42,547 avg wage

Growth Trend

↑ 71.5

Employment growth index

Rank #95 of 330 metros

Wage Pressure

21.9

YoY wage change index

106 Real Estate and Rental and Leasing Firms in Mankato

106

Establishments

-0.9% YoY

891

Total Employment

+3.2% YoY

$42,547

Average Annual Wage

+7.2% YoY

1.03

Location Quotient

Above national avg

Within Minnesota

#3 of 4

real estate and rental and leasing metros in state

Minnesota state rank

#31 of 51

for real estate and rental and leasing entry risk

vs State Median

0.0

matches median (33.8)

Mankato vs Minnesota Statewide

How this metro's real estate and rental and leasing market compares to Minnesota overall. The state ranks #31/51 for entry risk.

Measure	Mankato	MN Statewide
Overall Score	33.8 Favorable	42.1 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#88 of 330 metros	#31 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 Mankato

Accommodation and Food Services 32.8 Finance and Insurance 41.0 Other Services 46.9 Construction 51.1 Information 54.3 Retail Trade 57.4

Real Estate and Rental and Leasing in Other Minnesota Metros

St. Cloud 15.9 #10/330 Duluth 30.6 #74/330 Minneapolis-St. Paul-Bloomington 62.4 #288/330

Real Estate and Rental and Leasing Metros With Similar Conditions

Metros within 5 points of Mankato's 33.8 score. Useful when comparing markets with comparable entry profiles.

Canton-Massillon, OH 33.8 #87/330 Fort Wayne, IN 34.1 #89/330 Enid, OK 34.2 #90/330 Lima, OH 34.2 #91/330 Kingston, NY 34.3 #92/330 Battle Creek, MI 34.5 #93/330 Rocky Mount, NC 33.1 #86/330 Jackson, MS 34.5 #94/330 Davenport-Moline-Rock Island, IA 33.0 #85/330 Florence, SC 34.7 #95/330

Real Estate and Rental and Leasing in States Bordering Minnesota

State-level entry risk for real estate and rental and leasing in adjacent states. Use this to weigh cross-border options.

Wisconsin 26.0 #2/51 South Dakota 26.4 #4/51 Iowa 35.6 #16/51 North Dakota 54.3 #48/51

Browse Real Estate and Rental and Leasing in Other States

State-level entry risk reports for real estate and rental and leasing across all 51 markets, sorted by rank.

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 Mankato's real estate and rental and leasing sector, the industry concentration component (80.0) 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Mankato, MN MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment