NAICS 53

Real Estate and Rental and Leasing in Odessa, TX

Metro Market Score 75.9 (Difficult), ranked #328 of 330 metros. 240 establishments, 2,233 jobs.

Metro Market Score 75.9

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.

🏭Industry Hub💰High-Cost Market

With a 1.80 location quotient, Odessa has an outsized real estate and rental and leasing presence relative to its population. That concentration (index: 97.9) creates a mature local market where supplier networks are established but differentiation matters more.

Industry Concentration

97.9

LQ: 1.80

Rank #323 of 330 metros

Wage Competitiveness

95.8

$85,613 avg wage

Growth Trend

↓ 13.9

Employment growth index

Rank #285 of 330 metros

Wage Pressure

8.1

YoY wage change index

240 Real Estate and Rental and Leasing Firms in Odessa

240

Establishments

+3.0% YoY

2,233

Total Employment

-4.9% YoY

$85,613

Average Annual Wage

-3.1% YoY

1.80

Location Quotient

Above national avg

Within Texas

#20 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

+32.9

worse than median (43.0)

Odessa 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	Odessa	TX Statewide
Overall Score	75.9 Difficult	41.4 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#328 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 Odessa

Information 17.1 Finance and Insurance 22.9 Healthcare and Social Assistance 35.0 Professional, Scientific, and Technical Services 35.7 Retail Trade 49.8 Administrative and Support Services 52.4 Accommodation and Food Services 54.6 Construction 57.5 Other Services 64.9

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 Odessa's 75.9 score. Useful when comparing markets with comparable entry profiles.

Grants Pass, OR 75.8 #327/330 Houston-Pasadena-The Woodlands, TX 76.2 #329/330 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 Odessa's real estate and rental and leasing sector, the employment growth component (86.1) 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 Odessa, TX MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment