NAICS 53

Real Estate and Rental and Leasing in New Jersey: 2026 Market Risk Report

Entry risk 37.3 (Moderate), ranked #19 of 51 states. 9,400 establishments, 63,225 jobs.

Entry Risk Assessment

Entry Risk Score 37.3
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Moderate

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

⛔High Barrier to Entry

The real estate and rental and leasing sector in New Jersey is tracking close to the U.S. baseline, with no extreme signals in volatility, saturation, or wage pressure. Entry conditions are within the national median range.

5-Year Firm Retention
56.9%
Percentile within industry
Rank #23 of 51 states
Growth Momentum
26.9
Scale of 0-100
Rank #36 of 51 states
Establishment Density
7.6
vs. national average
Rank #4 of 51 states
Market Volatility
26.8
Lower is more stable
Wage Pressure Index
48.8
Labor cost pressure

9,400 Establishments in New Jersey

9,400
Establishments
-0.7% YoY
63,225
Total Employment
-1.0% YoY
$82,272
Average Annual Wage
+3.9% YoY

New Jersey vs National Real Estate and Rental and Leasing Average

How New Jersey's real estate and rental and leasing market compares to the national average across all 51 states.

Metric NJ National Difference
Entry Risk Score 37.3 40.5 -3.2
5-Year Retention 56.9% 51.0% +5.9
Growth Momentum 26.9 39.4 -12.5
Market Volatility 26.8 22.1 +4.7
Establishment Density 7.6 34.1 -26.5
Wage Pressure 48.8 45.1 +3.7

Green = favorable vs national average. Red = less favorable. Metrics are relative within real estate and rental and leasing only.

New Jersey Ranks #19 of 51 for Real Estate and Rental and Leasing

New Jersey ranks #19 out of 51 states for real estate and rental and leasing market entry conditions.

Real Estate and Rental and Leasing Entry Risk by State

Rank State Risk Score Classification
#1 Pennsylvania 24.5 low
#2 Wisconsin 26.0 low
#3 Nebraska 26.3 low
#4 South Dakota 26.4 low
#5 Massachusetts 27.7 low
#19 New Jersey You 37.3 moderate
Entry Risk by State Alaska — 34.9 · #15 Alabama — 31.9 · #13 Arkansas — 30.5 · #12 Arizona — 52.4 · #46 California — 47.1 · #39 Colorado — 52.1 · #44 Connecticut — 45.9 · #37 District of Columbia — 38.5 · #24 Delaware — 53.2 · #47 Florida — 54.7 · #49 Georgia — 51.6 · #43 Hawaii — 60.3 · #50 Iowa — 35.6 · #16 Idaho — 43.4 · #32 Illinois — 44.3 · #33 Indiana — 30.2 · #10 Kansas — 41.4 · #29 Kentucky — 30.3 · #11 Louisiana — 44.5 · #34 Massachusetts — 27.7 · #5 Maryland — 50.4 · #42 Maine — 28.3 · #6 Michigan — 39.3 · #26 Minnesota — 42.1 · #31 Missouri — 39.2 · #25 Mississippi — 30.0 · #8 Montana — 37.5 · #20 North Carolina — 38.1 · #23 North Dakota — 54.3 · #48 Nebraska — 26.3 · #3 New Hampshire — 29.6 · #7 New Jersey — 37.3 · #19 New Mexico — 52.3 · #45 Nevada — 61.9 · #51 New York — 37.6 · #21 Ohio — 33.2 · #14 Oklahoma — 42.0 · #30 Oregon — 44.8 · #35 Pennsylvania — 24.5 · #1 Rhode Island — 37.8 · #22 South Carolina — 44.9 · #36 South Dakota — 26.4 · #4 Tennessee — 37.2 · #18 Texas — 41.4 · #28 Utah — 46.6 · #38 Virginia — 35.6 · #17 Vermont — 30.1 · #9 Washington — 48.0 · #40 Wisconsin — 26.0 · #2 West Virginia — 40.6 · #27 Wyoming — 49.6 · #41
Low Moderate Elevated High

Tap a state to view details

About Entry Risk Score: A weighted composite of firm retention, growth momentum, market volatility, establishment density, and wage pressure. Lower scores indicate more favorable conditions. Read full methodology →

Data Sources

Data period: 2024. Last updated: February 2026. Next refresh expected: Q2 2026 (BLS QCEW update).

Compare to Another State

How does New Jersey stack up against other states for real estate and rental and leasing?

Select a state above to see the comparison

Real Estate and Rental and Leasing in Neighboring States

How New Jersey's real estate and rental and leasing market compares to bordering states.

Pennsylvania 24.5 #1/51 New York 37.6 #21/51 Delaware 53.2 #47/51

Other Industries in New Jersey

Construction → Healthcare and Social Assistance → Retail Trade → Accommodation and Food Services → Professional, Scientific, and Technical Services → Finance and Insurance → Administrative and Support Services → Information → Other Services →