NAICS 53

Real Estate and Rental and Leasing in Utica-Rome, NY

Metro Market Score 14.1 (Favorable), ranked #8 of 330 metros. 166 establishments, 606 jobs.

Metro Market Score 14.1

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Favorable

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

✓Favorable Market🌱Emerging Market

Utica-Rome ranks in the top 10% for real estate and rental and leasing market conditions, driven by above-average employment growth. With a market score of 14.1, conditions are relatively favorable compared to most metros.

Industry Concentration

1.2

LQ: 0.33

Rank #4 of 330 metros

Wage Competitiveness

6.7

$44,274 avg wage

Growth Trend

↑ 70.9

Employment growth index

Rank #97 of 330 metros

Wage Pressure

16.8

YoY wage change index

166 Real Estate and Rental and Leasing Firms in Utica-Rome

166

Establishments

-2.4% YoY

606

Total Employment

+3.1% YoY

$44,274

Average Annual Wage

+3.4% YoY

0.33

Location Quotient

Below national avg

Within New York

#1 of 12

real estate and rental and leasing metros in state

New York state rank

#21 of 51

for real estate and rental and leasing entry risk

vs State Median

-29.9

better than median (43.9)

Utica-Rome vs New York Statewide

How this metro's real estate and rental and leasing market compares to New York overall. The state ranks #21/51 for entry risk.

Measure	Utica-Rome	NY Statewide
Overall Score	14.1 Favorable	37.6 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#8 of 330 metros	#21 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 Utica-Rome

Administrative and Support Services 38.7 Other Services 42.7 Information 43.3 Construction 43.9 Healthcare and Social Assistance 51.2 Accommodation and Food Services 51.3 Professional, Scientific, and Technical Services 51.4 Finance and Insurance 57.9 Retail Trade 66.3

Real Estate and Rental and Leasing in Other New York Metros

Glens Falls 22.3 #32/330 Kingston 34.3 #92/330 Ithaca 36.4 #109/330 Binghamton 40.2 #140/330 Elmira 43.5 #173/330 Syracuse 43.9 #174/330 Albany-Schenectady-Troy 47.2 #193/330 Watertown-Fort Drum 50.5 #218/330 Kiryas Joel-Poughkeepsie-Newburgh 52.3 #234/330 Buffalo-Cheektowaga 54.2 #246/330

+ 1 more metros. View all in New York →

Real Estate and Rental and Leasing Metros With Similar Conditions

Metros within 5 points of Utica-Rome's 14.1 score. Useful when comparing markets with comparable entry profiles.

Kingsport-Bristol, TN 13.8 #7/330 Wheeling, WV 14.4 #9/330 Lebanon, PA 13.4 #6/330 Columbus, IN 12.6 #5/330 St. Cloud, MN 15.9 #10/330 Cleveland, TN 15.9 #11/330 Dalton, GA 11.4 #4/330 Albany, OR 17.1 #12/330 Racine-Mount Pleasant, WI 11.1 #3/330 Green Bay, WI 17.2 #13/330

Real Estate and Rental and Leasing in States Bordering New York

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

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

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 Utica-Rome's real estate and rental and leasing sector, the employment growth component (29.1) 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 Utica-Rome, NY MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment