NAICS 53

Real Estate and Rental and Leasing in Olympia-Lacey-Tumwater, WA

Metro Market Score 47.3 (Moderate), ranked #194 of 330 metros. 266 establishments, 1,136 jobs.

Metro Market Assessment

Metro Market Score 47.3
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.

Real Estate and Rental and Leasing conditions in Olympia-Lacey-Tumwater are mixed. The 47.3 market score puts it at #194 of 330, with no metric pulling sharply in either direction. Wages, growth, and competition are all within a normal range for this industry.

Industry Concentration
20.3
LQ: 0.57
Rank #67 of 330 metros
Wage Competitiveness
59.4
$57,508 avg wage
Growth Trend
↓ 23.0
Employment growth index
Rank #255 of 330 metros
Wage Pressure
21.5
YoY wage change index

266 Real Estate and Rental and Leasing Firms in Olympia-Lacey-Tumwater

266
Establishments
+1.5% YoY
1,136
Total Employment
-2.7% YoY
$57,508
Average Annual Wage
+6.9% YoY
0.57
Location Quotient
Below national avg

Olympia-Lacey-Tumwater 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 Olympia-Lacey-Tumwater WA Statewide
Overall Score 47.3 Moderate 48.0 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #194 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 Olympia-Lacey-Tumwater

Accommodation and Food Services 43.8 Finance and Insurance 47.4 Administrative and Support Services 52.6 Healthcare and Social Assistance 56.4 Construction 64.3 Information 64.9 Retail Trade 69.2 Other Services 69.5 Professional, Scientific, and Technical Services 71.5

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 Bellingham 47.1 #192/330 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 Olympia-Lacey-Tumwater's real estate and rental and leasing sector, the employment growth component (77.0) 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.