NAICS 53

Real Estate and Rental and Leasing in Akron, OH

Metro Market Score 52.8 (Challenging), ranked #238 of 330 metros. 737 establishments, 3,752 jobs.

Metro Market Assessment

Metro Market Score 52.8
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.

Akron's real estate and rental and leasing market sits near the national metro median, ranking #238 of 330 with a market score of 52.8. No single metric stands out as an outlier, which means entry conditions depend more on your specific business model than on broad market forces.

Industry Concentration
46.4
LQ: 0.76
Rank #153 of 330 metros
Wage Competitiveness
60.3
$58,157 avg wage
Growth Trend
27.6
Employment growth index
Rank #240 of 330 metros
Wage Pressure
21.9
YoY wage change index

737 Real Estate and Rental and Leasing Firms in Akron

737
Establishments
-2.0% YoY
3,752
Total Employment
-1.9% YoY
$58,157
Average Annual Wage
+7.2% YoY
0.76
Location Quotient
Below national avg
Within Ohio
#9 of 11
real estate and rental and leasing metros in state
Ohio state rank
#14 of 51
for real estate and rental and leasing entry risk
vs State Median
+12.3
worse than median (40.5)

Akron vs Ohio Statewide

How this metro's real estate and rental and leasing market compares to Ohio overall. The state ranks #14/51 for entry risk.

Measure Akron OH Statewide
Overall Score 52.8 Challenging 33.2 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #238 of 330 metros #14 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 Akron

Real Estate and Rental and Leasing in Other Ohio Metros

Real Estate and Rental and Leasing Metros With Similar Conditions

Metros within 5 points of Akron's 52.8 score. Useful when comparing markets with comparable entry profiles.

Real Estate and Rental and Leasing in States Bordering Ohio

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

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 Akron's real estate and rental and leasing sector, the employment growth component (72.4) 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.