NAICS 53

Real Estate and Rental and Leasing in Lima, OH

Metro Market Score 34.2 (Favorable), ranked #91 of 330 metros. 86 establishments, 252 jobs.

Metro Market Score 34.2

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.

Labor costs are a clear advantage in Lima's real estate and rental and leasing sector. The wage competitiveness index of 3.0 puts it among the lowest-cost metros, and wage pressure at 19.9 suggests that gap is holding steady.

Industry Concentration

0.9

LQ: 0.33

Rank #3 of 330 metros

Wage Competitiveness

3.0

$42,132 avg wage

Growth Trend

↓ 2.4

Employment growth index

Rank #323 of 330 metros

Wage Pressure

19.9

YoY wage change index

86 Real Estate and Rental and Leasing Firms in Lima

Establishments

+1.2% YoY

252

Total Employment

-14.0% YoY

$42,132

Average Annual Wage

+5.7% YoY

0.33

Location Quotient

Below national avg

Within Ohio

#3 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

-6.2

better than median (40.5)

Lima 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	Lima	OH Statewide
Overall Score	34.2 Favorable	33.2 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#91 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 Lima

Finance and Insurance 31.2 Accommodation and Food Services 35.3 Construction 35.9 Professional, Scientific, and Technical Services 47.7 Retail Trade 48.2 Administrative and Support Services 57.4 Other Services 58.1 Healthcare and Social Assistance 66.5

Real Estate and Rental and Leasing in Other Ohio Metros

Sandusky 25.2 #43/330 Canton-Massillon 33.8 #87/330 Springfield 36.0 #107/330 Mansfield 38.5 #124/330 Dayton-Kettering-Beavercreek 40.5 #144/330 Toledo 48.8 #210/330 Youngstown-Warren 50.9 #223/330 Akron 52.8 #238/330 Columbus 54.8 #249/330 Cleveland 58.1 #265/330

Real Estate and Rental and Leasing Metros With Similar Conditions

Metros within 5 points of Lima's 34.2 score. Useful when comparing markets with comparable entry profiles.

Enid, OK 34.2 #90/330 Kingston, NY 34.3 #92/330 Fort Wayne, IN 34.1 #89/330 Battle Creek, MI 34.5 #93/330 Jackson, MS 34.5 #94/330 Mankato, MN 33.8 #88/330 Canton-Massillon, OH 33.8 #87/330 Florence, SC 34.7 #95/330 Walla Walla, WA 34.8 #96/330 Kenosha, WI 34.9 #97/330

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.

Pennsylvania 24.5 #1/51 Indiana 30.2 #10/51 Kentucky 30.3 #11/51 Michigan 39.3 #26/51 West Virginia 40.6 #27/51

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 Lima's real estate and rental and leasing sector, the employment growth component (97.6) 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 Lima, OH MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment