NAICS 53

Real Estate and Rental and Leasing in Grand Island, NE

Metro Market Score 42.3 (Moderate), ranked #163 of 330 metros. 81 establishments, 348 jobs.

Metro Market Score 42.3

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.

Labor costs are a clear advantage in Grand Island's real estate and rental and leasing sector. The wage competitiveness index of 16.7 puts it among the lowest-cost metros, and wage pressure at 23.6 suggests that gap is holding steady.

Industry Concentration

18.8

LQ: 0.56

Rank #62 of 330 metros

Wage Competitiveness

16.7

$47,193 avg wage

Growth Trend

↓ 4.2

Employment growth index

Rank #317 of 330 metros

Wage Pressure

23.6

YoY wage change index

81 Real Estate and Rental and Leasing Firms in Grand Island

Establishments

-14.7% YoY

348

Total Employment

-9.8% YoY

$47,193

Average Annual Wage

+8.5% YoY

0.56

Location Quotient

Below national avg

Within Nebraska

#2 of 3

real estate and rental and leasing metros in state

Nebraska state rank

#3 of 51

for real estate and rental and leasing entry risk

vs State Median

0.0

matches median (42.3)

Grand Island vs Nebraska Statewide

How this metro's real estate and rental and leasing market compares to Nebraska overall. The state ranks #3/51 for entry risk.

Measure	Grand Island	NE Statewide
Overall Score	42.3 Moderate	26.3 Low
Score Type	Metro Market Score	Entry Risk Score
Rank	#163 of 330 metros	#3 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 Grand Island

Information 36.8 Other Services 49.6 Finance and Insurance 62.9 Retail Trade 65.5

Real Estate and Rental and Leasing in Other Nebraska Metros

Lincoln 41.9 #160/330 Omaha 45.2 #185/330

Real Estate and Rental and Leasing Metros With Similar Conditions

Metros within 5 points of Grand Island's 42.3 score. Useful when comparing markets with comparable entry profiles.

Columbia, MO 42.4 #164/330 Fayetteville-Springdale-Rogers, AR 42.1 #162/330 Longview, TX 42.6 #165/330 Slidell-Mandeville-Covington, LA 42.6 #166/330 Wilmington, NC 41.9 #161/330 Lincoln, NE 41.9 #160/330 Lawton, OK 41.8 #158/330 Gulfport-Biloxi, MS 41.8 #159/330 Abilene, TX 42.9 #167/330 Visalia, CA 41.8 #157/330

Real Estate and Rental and Leasing in States Bordering Nebraska

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

South Dakota 26.4 #4/51 Iowa 35.6 #16/51 Missouri 39.2 #25/51 Kansas 41.4 #29/51 Wyoming 49.6 #41/51 Colorado 52.1 #44/51

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 Grand Island's real estate and rental and leasing sector, the employment growth component (95.8) 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 Grand Island, NE MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment