NAICS 53

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

Entry risk 37.6 (Moderate), ranked #21 of 51 states. 36,565 establishments, 199,540 jobs.

Entry Risk Assessment

Entry Risk Score 37.6
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.

🛡️Stable Market💎Hidden Gem

New York exhibits structural stability in real estate and rental and leasing, with volatility at 17.5 and firm retention ranking in the top 5. These metrics suggest lower cyclical risk compared to the national baseline.

5-Year Firm Retention
94.1%
Percentile within industry
Rank #4 of 51 states
Growth Momentum
5.0
Scale of 0-100
Rank #50 of 51 states
Establishment Density
55.7
vs. national average
Rank #43 of 51 states
Market Volatility
17.5
Lower is more stable
Wage Pressure Index
42.7
Labor cost pressure

36,565 Establishments in New York

36,565
Establishments
+1.4% YoY
199,540
Total Employment
+0.0% YoY
$91,400
Average Annual Wage
+3.4% YoY

New York vs National Real Estate and Rental and Leasing Average

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

Metric NY National Difference
Entry Risk Score 37.6 40.5 -2.9
5-Year Retention 94.1% 51.0% +43.1
Growth Momentum 5.0 39.4 -34.4
Market Volatility 17.5 22.1 -4.6
Establishment Density 55.7 34.1 +21.6
Wage Pressure 42.7 45.1 -2.4

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

New York Ranks #21 of 51 for Real Estate and Rental and Leasing

New York ranks #21 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
#21 New York You 37.6 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 York 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 York's real estate and rental and leasing market compares to bordering states.

Pennsylvania 24.5 #1/51 Massachusetts 27.7 #5/51 Vermont 30.1 #9/51 New Jersey 37.3 #19/51 Connecticut 45.9 #37/51

Other Industries in New York

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 →