NAICS 53

Real Estate and Rental and Leasing in Springfield, MO

Metro Market Score 40.3 (Moderate), ranked #141 of 330 metros. 660 establishments, 3,445 jobs.

Metro Market Assessment

Metro Market Score 40.3
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.

Employment in Springfield's real estate and rental and leasing sector grew faster than most metros last year, pushing its growth trend index to 67.9. Combined with a 40.3 market score, this metro sits in the upper half for overall conditions.

Industry Concentration
78.5
LQ: 1.01
Rank #259 of 330 metros
Wage Competitiveness
30.6
$51,007 avg wage
Growth Trend
67.9
Employment growth index
Rank #107 of 330 metros
Wage Pressure
16.7
YoY wage change index

660 Real Estate and Rental and Leasing Firms in Springfield

660
Establishments
-1.0% YoY
3,445
Total Employment
+2.6% YoY
$51,007
Average Annual Wage
+3.3% YoY
1.01
Location Quotient
Above national avg

Springfield 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 Springfield MO Statewide
Overall Score 40.3 Moderate 39.2 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #141 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 Springfield

Real Estate and Rental and Leasing in Other Missouri 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 Springfield's real estate and rental and leasing sector, the industry concentration component (78.5) 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.