NAICS 53

Real Estate and Rental and Leasing in Joplin, MO

Metro Market Score 32.4 (Favorable), ranked #82 of 330 metros. 179 establishments, 664 jobs.

Metro Market Assessment

Metro Market Score 32.4
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.

Real Estate and Rental and Leasing wages in Joplin run well below the metro average (competitiveness index: 17.3), and year-over-year wage pressure is low at 13.2. For labor-intensive operations, this cost advantage could improve unit economics significantly.

Industry Concentration
10.6
LQ: 0.50
Rank #35 of 330 metros
Wage Competitiveness
17.3
$47,436 avg wage
Growth Trend
↓ 23.9
Employment growth index
Rank #252 of 330 metros
Wage Pressure
13.2
YoY wage change index

179 Real Estate and Rental and Leasing Firms in Joplin

179
Establishments
+5.9% YoY
664
Total Employment
-2.4% YoY
$47,436
Average Annual Wage
+0.7% YoY
0.50
Location Quotient
Below national avg

Joplin vs Missouri Statewide

How this metro's real estate and rental and leasing market compares to Missouri overall. The state ranks #25/51 for entry risk.

Measure Joplin MO Statewide
Overall Score 32.4 Favorable 39.2 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #82 of 330 metros #25 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 Joplin

Finance and Insurance 17.5 Construction 29.0 Administrative and Support Services 32.4 Other Services 32.5 Healthcare and Social Assistance 34.7 Retail Trade 37.4 Information 37.7

Real Estate and Rental and Leasing in Other Missouri Metros

Springfield 40.3 #141/330 Columbia 42.4 #164/330 St. Louis 61.3 #281/330

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 Joplin's real estate and rental and leasing sector, the employment growth component (76.1) 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.