NAICS 53

Real Estate and Rental and Leasing in Raleigh-Cary, NC

Metro Market Score 54.3 (Challenging), ranked #247 of 330 metros. 2,968 establishments, 12,826 jobs.

Metro Market Assessment

Metro Market Score 54.3
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

💰High-Cost Market

Raleigh-Cary pairs above-average real estate and rental and leasing concentration (88.5) with positive employment growth (trend: 74.8). The market is competitive but still expanding, leaving room for well-positioned new entrants.

Industry Concentration
88.5
LQ: 1.14
Rank #292 of 330 metros
Wage Competitiveness
88.5
$72,742 avg wage
Growth Trend
↑ 74.8
Employment growth index
Rank #84 of 330 metros
Wage Pressure
12.4
YoY wage change index

2,968 Real Estate and Rental and Leasing Firms in Raleigh-Cary

2,968
Establishments
+1.0% YoY
12,826
Total Employment
+3.6% YoY
$72,742
Average Annual Wage
+0.1% YoY
1.14
Location Quotient
Above national avg

Raleigh-Cary vs North Carolina Statewide

How this metro's real estate and rental and leasing market compares to North Carolina overall. The state ranks #23/51 for entry risk.

Measure Raleigh-Cary NC Statewide
Overall Score 54.3 Challenging 38.1 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #247 of 330 metros #23 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 Raleigh-Cary

Healthcare and Social Assistance 35.4 Accommodation and Food Services 42.8 Retail Trade 44.4 Construction 56.1 Other Services 56.5 Administrative and Support Services 62.9 Information 74.2 Finance and Insurance 76.3

Real Estate and Rental and Leasing in Other North Carolina Metros

Goldsboro 29.8 #66/330 Burlington 31.2 #76/330 Rocky Mount 33.1 #86/330 Hickory-Lenoir-Morganton 38.4 #120/330 Winston-Salem 39.9 #135/330 Pinehurst-Southern Pines 40.1 #137/330 Durham-Chapel Hill 40.8 #149/330 Wilmington 41.9 #161/330 Greenville 47.9 #201/330 Fayetteville 52.5 #235/330

+ 4 more metros. View all in North Carolina →

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 Raleigh-Cary's real estate and rental and leasing sector, the industry concentration component (88.5) 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

Data period: 2024. Last updated: April 2026.