NAICS 53

Real Estate and Rental and Leasing in Spokane-Spokane Valley, WA

Metro Market Score 56.4 (Challenging), ranked #256 of 330 metros. 608 establishments, 3,947 jobs.

Metro Market Assessment

Metro Market Score 56.4
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

Spokane-Spokane Valley scores 56.4 on the Metro Market Score for real estate and rental and leasing, placing it in the bottom quartile. High wage costs, strong existing competition, or slowing growth contribute to tougher entry conditions compared to most metros.

Industry Concentration
77.6
LQ: 1.00
Rank #256 of 330 metros
Wage Competitiveness
47.9
$54,714 avg wage
Growth Trend
↓ 29.4
Employment growth index
Rank #234 of 330 metros
Wage Pressure
19.4
YoY wage change index

608 Real Estate and Rental and Leasing Firms in Spokane-Spokane Valley

608
Establishments
-1.8% YoY
3,947
Total Employment
-1.5% YoY
$54,714
Average Annual Wage
+5.3% YoY
1.00
Location Quotient
Above national avg

Spokane-Spokane Valley 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 Spokane-Spokane Valley WA Statewide
Overall Score 56.4 Challenging 48.0 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #256 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 Spokane-Spokane Valley

Administrative and Support Services 53.5 Other Services 53.5 Information 58.7 Construction 60.9 Accommodation and Food Services 68.4 Healthcare and Social Assistance 68.7 Retail Trade 69.7 Finance and Insurance 74.8

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 Olympia-Lacey-Tumwater 47.3 #194/330 Bremerton-Silverdale-Port Orchard 52.6 #237/330 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 Spokane-Spokane Valley's real estate and rental and leasing sector, the employment growth component (70.6) 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.