NAICS 53

Real Estate and Rental and Leasing in Utah: 2026 Market Risk Report

Entry risk 46.6 (Elevated), ranked #38 of 51 states. 6,655 establishments, 24,872 jobs.

Entry Risk Assessment

Entry Risk Score 46.6
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

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

📈Growth Opportunity

Utah ranks top 5 in growth momentum while maintaining relatively low market saturation (bottom 10). This combination signals an underpenetrated market with expanding demand.

5-Year Firm Retention
29.4%
Percentile within industry
Rank #37 of 51 states
Growth Momentum
↑ 89.9
Scale of 0-100
Rank #2 of 51 states
Establishment Density
69.2
vs. national average
Rank #46 of 51 states
Market Volatility
30.4
Lower is more stable
Wage Pressure Index
40.2
Labor cost pressure

6,655 Establishments in Utah

6,655
Establishments
+1.7% YoY
24,872
Total Employment
+2.1% YoY
$69,355
Average Annual Wage
+3.2% YoY

Utah vs National Real Estate and Rental and Leasing Average

How Utah's real estate and rental and leasing market compares to the national average across all 51 states.

Metric UT National Difference
Entry Risk Score 46.6 40.5 +6.1
5-Year Retention 29.4% 51.0% -21.6
Growth Momentum 89.9 39.4 +50.5
Market Volatility 30.4 22.1 +8.3
Establishment Density 69.2 34.1 +35.1
Wage Pressure 40.2 45.1 -4.9

Green = favorable vs national average. Red = less favorable. Metrics are relative within real estate and rental and leasing only.

Utah Ranks #38 of 51 for Real Estate and Rental and Leasing

Utah ranks #38 out of 51 states for real estate and rental and leasing market entry conditions.

Real Estate and Rental and Leasing Entry Risk by State

Rank State Risk Score Classification
#1 Pennsylvania 24.5 low
#2 Wisconsin 26.0 low
#3 Nebraska 26.3 low
#4 South Dakota 26.4 low
#5 Massachusetts 27.7 low
#38 Utah You 46.6 elevated
Entry Risk by State Alaska — 34.9 · #15 Alabama — 31.9 · #13 Arkansas — 30.5 · #12 Arizona — 52.4 · #46 California — 47.1 · #39 Colorado — 52.1 · #44 Connecticut — 45.9 · #37 District of Columbia — 38.5 · #24 Delaware — 53.2 · #47 Florida — 54.7 · #49 Georgia — 51.6 · #43 Hawaii — 60.3 · #50 Iowa — 35.6 · #16 Idaho — 43.4 · #32 Illinois — 44.3 · #33 Indiana — 30.2 · #10 Kansas — 41.4 · #29 Kentucky — 30.3 · #11 Louisiana — 44.5 · #34 Massachusetts — 27.7 · #5 Maryland — 50.4 · #42 Maine — 28.3 · #6 Michigan — 39.3 · #26 Minnesota — 42.1 · #31 Missouri — 39.2 · #25 Mississippi — 30.0 · #8 Montana — 37.5 · #20 North Carolina — 38.1 · #23 North Dakota — 54.3 · #48 Nebraska — 26.3 · #3 New Hampshire — 29.6 · #7 New Jersey — 37.3 · #19 New Mexico — 52.3 · #45 Nevada — 61.9 · #51 New York — 37.6 · #21 Ohio — 33.2 · #14 Oklahoma — 42.0 · #30 Oregon — 44.8 · #35 Pennsylvania — 24.5 · #1 Rhode Island — 37.8 · #22 South Carolina — 44.9 · #36 South Dakota — 26.4 · #4 Tennessee — 37.2 · #18 Texas — 41.4 · #28 Utah — 46.6 · #38 Virginia — 35.6 · #17 Vermont — 30.1 · #9 Washington — 48.0 · #40 Wisconsin — 26.0 · #2 West Virginia — 40.6 · #27 Wyoming — 49.6 · #41
Low Moderate Elevated High

Tap a state to view details

About Entry Risk Score: A weighted composite of firm retention, growth momentum, market volatility, establishment density, and wage pressure. Lower scores indicate more favorable conditions. Read full methodology →

Data Sources

Data period: 2024. Last updated: February 2026. Next refresh expected: Q2 2026 (BLS QCEW update).

Compare to Another State

How does Utah stack up against other states for real estate and rental and leasing?

Select a state above to see the comparison

Real Estate and Rental and Leasing in Neighboring States

How Utah's real estate and rental and leasing market compares to bordering states.

Idaho 43.4 #32/51 Wyoming 49.6 #41/51 Colorado 52.1 #44/51 New Mexico 52.3 #45/51 Arizona 52.4 #46/51 Nevada 61.9 #51/51

Other Industries in Utah

Construction → Healthcare and Social Assistance → Retail Trade → Accommodation and Food Services → Professional, Scientific, and Technical Services → Finance and Insurance → Administrative and Support Services → Information → Other Services →