NAICS 53

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

Entry risk 35.6 (Moderate), ranked #17 of 51 states. 12,622 establishments, 60,166 jobs.

Entry Risk Assessment

Entry Risk Score 35.6
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Moderate

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

💎Hidden Gem

Virginia presents favorable entry conditions for real estate and rental and leasing: low overall risk (35.6), limited market saturation (bottom half), and firm retention in the top half. The combination is uncommon across the national dataset.

5-Year Firm Retention
62.8%
Percentile within industry
Rank #20 of 51 states
Growth Momentum
36.6
Scale of 0-100
Rank #21 of 51 states
Establishment Density
34.7
vs. national average
Rank #31 of 51 states
Market Volatility
2.0
Lower is more stable
Wage Pressure Index
62.2
Labor cost pressure

12,622 Establishments in Virginia

12,622
Establishments
+0.1% YoY
60,166
Total Employment
+1.1% YoY
$78,255
Average Annual Wage
+5.0% YoY

Virginia vs National Real Estate and Rental and Leasing Average

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

Metric VA National Difference
Entry Risk Score 35.6 40.5 -4.9
5-Year Retention 62.8% 51.0% +11.8
Growth Momentum 36.6 39.4 -2.8
Market Volatility 2.0 22.1 -20.1
Establishment Density 34.7 34.1 +0.6
Wage Pressure 62.2 45.1 +17.1

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

Virginia Ranks #17 of 51 for Real Estate and Rental and Leasing

Virginia ranks #17 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
#17 Virginia You 35.6 moderate
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 Virginia 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 Virginia's real estate and rental and leasing market compares to bordering states.

Kentucky 30.3 #11/51 Tennessee 37.2 #18/51 North Carolina 38.1 #23/51 District of Columbia 38.5 #24/51 West Virginia 40.6 #27/51 Maryland 50.4 #42/51

Other Industries in Virginia

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 →