NAICS 53

Real Estate and Rental and Leasing in Walla Walla, WA

Metro Market Score 34.8 (Favorable), ranked #96 of 330 metros. 59 establishments, 202 jobs.

Metro Market Assessment

Metro Market Score 34.8
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

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

Real Estate and Rental and Leasing wages in Walla Walla run well below the metro average (competitiveness index: 13.0), and year-over-year wage pressure is low at 15.3. For labor-intensive operations, this cost advantage could improve unit economics significantly.

Industry Concentration
7.3
LQ: 0.45
Rank #24 of 330 metros
Wage Competitiveness
13.0
$46,293 avg wage
Growth Trend
↓ 11.2
Employment growth index
Rank #294 of 330 metros
Wage Pressure
15.3
YoY wage change index

59 Real Estate and Rental and Leasing Firms in Walla Walla

59
Establishments
+1.7% YoY
202
Total Employment
-5.6% YoY
$46,293
Average Annual Wage
+2.3% YoY
0.45
Location Quotient
Below national avg

Walla Walla 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 Walla Walla WA Statewide
Overall Score 34.8 Favorable 48.0 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #96 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 Walla Walla

Construction 41.5 Information 42.9 Finance and Insurance 45.0 Accommodation and Food Services 46.1 Other Services 47.4 Retail Trade 51.0 Healthcare and Social Assistance 52.5

Real Estate and Rental and Leasing in Other Washington Metros

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 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 Walla Walla's real estate and rental and leasing sector, the employment growth component (88.8) 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.