NAICS 53

Real Estate and Rental and Leasing in Bellingham, WA

Metro Market Score 47.1 (Moderate), ranked #192 of 330 metros. 233 establishments, 1,265 jobs.

Metro Market Assessment

Metro Market Score 47.1
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

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

Despite a mature real estate and rental and leasing presence (concentration: 62.4), Bellingham is still adding jobs in this sector. Growth trend sits at 50.9, and the overall 47.1 market score lands in the lower half. Established markets with growth are worth a closer look.

Industry Concentration
62.4
LQ: 0.87
Rank #206 of 330 metros
Wage Competitiveness
53.6
$56,192 avg wage
Growth Trend
50.9
Employment growth index
Rank #163 of 330 metros
Wage Pressure
16.7
YoY wage change index

233 Real Estate and Rental and Leasing Firms in Bellingham

233
Establishments
+2.2% YoY
1,265
Total Employment
+0.8% YoY
$56,192
Average Annual Wage
+3.3% YoY
0.87
Location Quotient
Below national avg

Bellingham vs Washington Statewide

How this metro's real estate and rental and leasing market compares to Washington overall. The state ranks #40/51 for entry risk.

Measure Bellingham WA Statewide
Overall Score 47.1 Moderate 48.0 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #192 of 330 metros #40 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 Bellingham

Administrative and Support Services 43.8 Healthcare and Social Assistance 50.5 Information 55.4 Retail Trade 58.5 Professional, Scientific, and Technical Services 60.1 Finance and Insurance 61.5 Other Services 70.1 Accommodation and Food Services 74.1 Construction 77.4

Real Estate and Rental and Leasing in Other Washington Metros

Walla Walla 34.8 #96/330 Longview-Kelso 34.9 #98/330 Mount Vernon-Anacortes 35.2 #100/330 Yakima 40.5 #145/330 Kennewick-Richland 46.8 #190/330 Olympia-Lacey-Tumwater 47.3 #194/330 Bremerton-Silverdale-Port Orchard 52.6 #237/330 Spokane-Spokane Valley 56.4 #256/330 Wenatchee-East Wenatchee 57.0 #260/330 Seattle-Tacoma-Bellevue 62.5 #290/330

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 Bellingham's real estate and rental and leasing sector, the industry concentration component (62.4) 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

Data period: 2024. Last updated: April 2026.