NAICS 53

Real Estate and Rental and Leasing in Houston-Pasadena-The Woodlands, TX

Metro Market Score 76.2 (Difficult), ranked #329 of 330 metros. 9,468 establishments, 61,879 jobs.

Metro Market Score 76.2

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

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

💰High-Cost Market

Houston-Pasadena-The Woodlands's real estate and rental and leasing sector saw employment decline over the past year (growth trend: 12.7). That contraction, combined with a 76.2 market score, puts this metro in the bottom 10% for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration

90.9

LQ: 1.22

Rank #300 of 330 metros

Wage Competitiveness

95.5

$84,704 avg wage

Growth Trend

↓ 12.7

Employment growth index

Rank #289 of 330 metros

Wage Pressure

17.4

YoY wage change index

9,468 Real Estate and Rental and Leasing Firms in Houston-Pasadena-The Woodlands

9,468

Establishments

+1.3% YoY

61,879

Total Employment

-5.2% YoY

$84,704

Average Annual Wage

+3.8% YoY

1.22

Location Quotient

Above national avg

Within Texas

#21 of 21

real estate and rental and leasing metros in state

Texas state rank

#28 of 51

for real estate and rental and leasing entry risk

vs State Median

+33.2

worse than median (43.0)

Houston-Pasadena-The Woodlands vs Texas Statewide

How this metro's real estate and rental and leasing market compares to Texas overall. The state ranks #28/51 for entry risk.

Measure	Houston-Pasadena-The Woodlands	TX Statewide
Overall Score	76.2 Difficult	41.4 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#329 of 330 metros	#28 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 Houston-Pasadena-The Woodlands

Retail Trade 48.7 Construction 69.4 Finance and Insurance 75.3

Real Estate and Rental and Leasing in Other Texas Metros

Brownsville-Harlingen 17.3 #15/330 McAllen-Edinburg-Mission 18.6 #20/330 Eagle Pass 21.1 #28/330 Sherman-Denison 26.0 #46/330 Wichita Falls 26.0 #47/330 Texarkana 29.5 #64/330 Laredo 31.8 #78/330 Tyler 32.8 #83/330 Longview 42.6 #165/330 Abilene 42.9 #167/330

+ 10 more metros. View all in Texas →

Real Estate and Rental and Leasing Metros With Similar Conditions

Metros within 5 points of Houston-Pasadena-The Woodlands's 76.2 score. Useful when comparing markets with comparable entry profiles.

Odessa, TX 75.9 #328/330 Grants Pass, OR 75.8 #327/330 New Haven, CT 75.1 #326/330 Lafayette, LA 77.6 #330/330 Houma-Bayou Cane-Thibodaux, LA 73.0 #325/330 Orlando-Kissimmee-Sanford, FL 73.0 #324/330 New Orleans-Metairie, LA 71.4 #323/330

Real Estate and Rental and Leasing in States Bordering Texas

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

Arkansas 30.5 #12/51 Oklahoma 42.0 #30/51 Louisiana 44.5 #34/51 New Mexico 52.3 #45/51

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 Houston-Pasadena-The Woodlands's real estate and rental and leasing sector, the employment growth component (87.3) 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 Houston-Pasadena-The Woodlands, TX MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment