NAICS 53

Real Estate and Rental and Leasing in Wichita Falls, TX

Metro Market Score 26.0 (Favorable), ranked #47 of 330 metros. 172 establishments, 617 jobs.

Metro Market Score 26.0

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.

✓Favorable Market

Employment in Wichita Falls's real estate and rental and leasing sector grew faster than most metros last year, pushing its growth trend index to 67.3. Combined with a 26.0 market score, this metro sits in the top quartile for overall conditions.

Industry Concentration

39.4

LQ: 0.70

Rank #130 of 330 metros

Wage Competitiveness

10.0

$45,353 avg wage

Growth Trend

↑ 67.3

Employment growth index

Rank #109 of 330 metros

Wage Pressure

19.4

YoY wage change index

172 Real Estate and Rental and Leasing Firms in Wichita Falls

172

Establishments

-3.9% YoY

617

Total Employment

+2.5% YoY

$45,353

Average Annual Wage

+5.3% YoY

0.70

Location Quotient

Below national avg

Within Texas

#5 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

-17.0

better than median (43.0)

Wichita Falls 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	Wichita Falls	TX Statewide
Overall Score	26.0 Favorable	41.4 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#47 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 Wichita Falls

Construction 19.2 Finance and Insurance 40.5 Other Services 45.5 Retail Trade 62.8

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 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 Killeen-Temple 43.0 #169/330

+ 10 more metros. View all in Texas →

Real Estate and Rental and Leasing Metros With Similar Conditions

Metros within 5 points of Wichita Falls's 26.0 score. Useful when comparing markets with comparable entry profiles.

Sherman-Denison, TX 26.0 #46/330 Gainesville, GA 26.2 #48/330 Cedar Rapids, IA 26.2 #49/330 Morgantown, WV 25.5 #45/330 Auburn-Opelika, AL 25.5 #44/330 Norwich-New London-Willimantic, CT 26.7 #50/330 Florence-Muscle Shoals, AL 26.8 #51/330 Sandusky, OH 25.2 #43/330 Atlantic City-Hammonton, NJ 25.2 #42/330 Rome, GA 27.1 #52/330

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 Wichita Falls's real estate and rental and leasing sector, the industry concentration component (39.4) 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 Wichita Falls, TX MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment