NAICS 53

Real Estate and Rental and Leasing in Chattanooga, TN

Metro Market Score 41.4 (Moderate), ranked #155 of 330 metros. 694 establishments, 3,672 jobs.

Metro Market Assessment

Metro Market Score 41.4
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

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

💰High-Cost Market📈Rapid Growth

Employment in Chattanooga's real estate and rental and leasing sector grew faster than most metros last year, pushing its growth trend index to 83.9. Combined with a 41.4 market score, this metro sits in the upper half for overall conditions.

Industry Concentration
63.3
LQ: 0.88
Rank #209 of 330 metros
Wage Competitiveness
79.7
$66,724 avg wage
Growth Trend
↑ 83.9
Employment growth index
Rank #54 of 330 metros
Wage Pressure
4.3
YoY wage change index

694 Real Estate and Rental and Leasing Firms in Chattanooga

694
Establishments
+9.1% YoY
3,672
Total Employment
+5.5% YoY
$66,724
Average Annual Wage
-6.0% YoY
0.88
Location Quotient
Below national avg

Chattanooga vs Tennessee Statewide

How this metro's real estate and rental and leasing market compares to Tennessee overall. The state ranks #18/51 for entry risk.

Measure Chattanooga TN Statewide
Overall Score 41.4 Moderate 37.2 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #155 of 330 metros #18 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 Chattanooga

Retail Trade 38.0 Information 51.3 Finance and Insurance 53.3 Other Services 61.3

Real Estate and Rental and Leasing in Other Tennessee Metros

Kingsport-Bristol 13.8 #7/330 Cleveland 15.9 #11/330 Jackson 27.7 #55/330 Johnson City 28.0 #59/330 Morristown 44.1 #175/330 Knoxville 51.9 #229/330

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 Chattanooga's real estate and rental and leasing sector, the wage competitiveness component (79.7) 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.