NAICS 53

Real Estate and Rental and Leasing in Kennewick-Richland, WA

Metro Market Score 46.8 (Moderate), ranked #190 of 330 metros. 275 establishments, 1,423 jobs.

Metro Market Assessment

Metro Market Score 46.8
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.

Labor costs are a clear advantage in Kennewick-Richland's real estate and rental and leasing sector. The wage competitiveness index of 22.1 puts it among the lowest-cost metros, and wage pressure at 22.7 suggests that gap is holding steady.

Industry Concentration
34.2
LQ: 0.67
Rank #113 of 330 metros
Wage Competitiveness
22.1
$48,437 avg wage
Growth Trend
↓ 6.1
Employment growth index
Rank #311 of 330 metros
Wage Pressure
22.7
YoY wage change index

275 Real Estate and Rental and Leasing Firms in Kennewick-Richland

275
Establishments
+4.2% YoY
1,423
Total Employment
-8.0% YoY
$48,437
Average Annual Wage
+7.8% YoY
0.67
Location Quotient
Below national avg

Kennewick-Richland 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 Kennewick-Richland WA Statewide
Overall Score 46.8 Moderate 48.0 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #190 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 Kennewick-Richland

Information 31.1 Healthcare and Social Assistance 36.5 Other Services 42.1 Finance and Insurance 51.6 Professional, Scientific, and Technical Services 56.5 Retail Trade 58.9 Construction 60.8 Accommodation and Food Services 62.2 Administrative and Support Services 68.4

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 Bellingham 47.1 #192/330 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 Kennewick-Richland's real estate and rental and leasing sector, the employment growth component (93.9) 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.