NAICS 53

Real Estate and Rental and Leasing in Scranton--Wilkes-Barre, PA

Metro Market Score 18.4 (Favorable), ranked #18 of 330 metros. 440 establishments, 1,987 jobs.

Metro Market Score 18.4

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.

📈Rapid Growth✓Favorable Market🌱Emerging Market

Scranton--Wilkes-Barre 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 18.4, conditions are relatively favorable compared to most metros.

Industry Concentration

12.7

LQ: 0.51

Rank #42 of 330 metros

Wage Competitiveness

30.0

$50,866 avg wage

Growth Trend

↑ 79.4

Employment growth index

Rank #69 of 330 metros

Wage Pressure

7.5

YoY wage change index

440 Real Estate and Rental and Leasing Firms in Scranton--Wilkes-Barre

440

Establishments

+3.0% YoY

1,987

Total Employment

+4.6% YoY

$50,866

Average Annual Wage

-3.6% YoY

0.51

Location Quotient

Below national avg

Within Pennsylvania

#3 of 14

real estate and rental and leasing metros in state

Pennsylvania state rank

#1 of 51

for real estate and rental and leasing entry risk

vs State Median

-20.1

better than median (38.5)

Scranton--Wilkes-Barre vs Pennsylvania Statewide

How this metro's real estate and rental and leasing market compares to Pennsylvania overall. The state ranks #1/51 for entry risk.

Measure	Scranton--Wilkes-Barre	PA Statewide
Overall Score	18.4 Favorable	24.5 Low
Score Type	Metro Market Score	Entry Risk Score
Rank	#18 of 330 metros	#1 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 Scranton--Wilkes-Barre

Accommodation and Food Services 38.8 Administrative and Support Services 39.1 Other Services 40.2 Information 41.8 Construction 43.2 Healthcare and Social Assistance 45.7 Retail Trade 46.5 Finance and Insurance 53.3

Real Estate and Rental and Leasing in Other Pennsylvania Metros

Lebanon 13.4 #6/330 Erie 17.6 #16/330 Johnstown 22.0 #31/330 Chambersburg 29.3 #62/330 Lancaster 35.8 #105/330 Altoona 35.8 #106/330 State College 38.5 #122/330 York-Hanover 44.3 #179/330 Gettysburg 48.2 #205/330 Williamsport 51.2 #224/330

+ 3 more metros. View all in Pennsylvania →

Real Estate and Rental and Leasing Metros With Similar Conditions

Metros within 5 points of Scranton--Wilkes-Barre's 18.4 score. Useful when comparing markets with comparable entry profiles.

Anniston-Oxford, AL 18.4 #19/330 Decatur, AL 18.2 #17/330 McAllen-Edinburg-Mission, TX 18.6 #20/330 Farmington, NM 18.6 #21/330 Warner Robins, GA 18.7 #22/330 Erie, PA 17.6 #16/330 Brownsville-Harlingen, TX 17.3 #15/330 Hammond, LA 19.4 #23/330 Eau Claire, WI 17.3 #14/330 Green Bay, WI 17.2 #13/330

Real Estate and Rental and Leasing in States Bordering Pennsylvania

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

Ohio 33.2 #14/51 New Jersey 37.3 #19/51 New York 37.6 #21/51 West Virginia 40.6 #27/51 Maryland 50.4 #42/51 Delaware 53.2 #47/51

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 Scranton--Wilkes-Barre's real estate and rental and leasing sector, the wage competitiveness component (30.0) 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 Scranton--Wilkes-Barre, PA MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment