NAICS 53

Real Estate and Rental and Leasing in Las Vegas-Henderson-North Las Vegas, NV

Metro Market Score 61.9 (Difficult), ranked #287 of 330 metros. 3,731 establishments, 23,321 jobs.

Metro Market Score 61.9

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

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

💰High-Cost Market

Market conditions for real estate and rental and leasing in Las Vegas-Henderson-North Las Vegas are tougher than average. The 61.9 market score reflects a combination of high labor costs, mixed growth signals, and an already crowded field. Rank: #287 of 330 metros.

Industry Concentration

93.6

LQ: 1.34

Rank #309 of 330 metros

Wage Competitiveness

83.6

$68,651 avg wage

Growth Trend

53.0

Employment growth index

Rank #156 of 330 metros

Wage Pressure

17.5

YoY wage change index

3,731 Real Estate and Rental and Leasing Firms in Las Vegas-Henderson-North Las Vegas

3,731

Establishments

+0.9% YoY

23,321

Total Employment

+0.9% YoY

$68,651

Average Annual Wage

+3.9% YoY

1.34

Location Quotient

Above national avg

Within Nevada

#2 of 2

real estate and rental and leasing metros in state

Nevada state rank

#51 of 51

for real estate and rental and leasing entry risk

vs State Median

0.0

matches median (61.9)

Las Vegas-Henderson-North Las Vegas vs Nevada Statewide

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

Measure	Las Vegas-Henderson-North Las Vegas	NV Statewide
Overall Score	61.9 Difficult	61.9 High
Score Type	Metro Market Score	Entry Risk Score
Rank	#287 of 330 metros	#51 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 Las Vegas-Henderson-North Las Vegas

Healthcare and Social Assistance 36.7 Other Services 41.8 Professional, Scientific, and Technical Services 50.0 Information 50.6 Administrative and Support Services 51.0 Finance and Insurance 55.8 Retail Trade 60.4 Accommodation and Food Services 68.0 Construction 70.5

Real Estate and Rental and Leasing in Other Nevada Metros

Carson City 36.2 #108/330

Real Estate and Rental and Leasing Metros With Similar Conditions

Metros within 5 points of Las Vegas-Henderson-North Las Vegas's 61.9 score. Useful when comparing markets with comparable entry profiles.

Corpus Christi, TX 61.5 #286/330 Dallas-Fort Worth-Arlington, TX 61.5 #285/330 Minneapolis-St. Paul-Bloomington, MN 62.4 #288/330 Worcester, MA 61.4 #284/330 Los Angeles-Long Beach-Anaheim, CA 62.4 #289/330 Detroit-Warren-Dearborn, MI 61.4 #283/330 Seattle-Tacoma-Bellevue, WA 62.5 #290/330 Santa Maria-Santa Barbara, CA 61.3 #282/330 St. Louis, MO 61.3 #281/330 San Diego-Chula Vista-Carlsbad, CA 62.6 #291/330

Real Estate and Rental and Leasing in States Bordering Nevada

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

Idaho 43.4 #32/51 Oregon 44.8 #35/51 Utah 46.6 #38/51 California 47.1 #39/51 Arizona 52.4 #46/51

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 Las Vegas-Henderson-North Las Vegas's real estate and rental and leasing sector, the industry concentration component (93.6) 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 Las Vegas-Henderson-North Las Vegas, NV MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment