NAICS 53

Real Estate and Rental and Leasing in Morgantown, WV

Metro Market Score 25.5 (Favorable), ranked #45 of 330 metros. 234 establishments, 819 jobs.

Metro Market Assessment

Metro Market Score 25.5
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.

📈Rapid Growth✓Favorable Market

Morgantown ranks in the top quartile for real estate and rental and leasing market conditions, driven by above-average employment growth. With a market score of 25.5, conditions are relatively favorable compared to most metros.

Industry Concentration
50.9
LQ: 0.79
Rank #168 of 330 metros
Wage Competitiveness
19.4
$47,824 avg wage
Growth Trend
↑ 84.8
Employment growth index
Rank #51 of 330 metros
Wage Pressure
16.8
YoY wage change index

234 Real Estate and Rental and Leasing Firms in Morgantown

234
Establishments
+8.8% YoY
819
Total Employment
+5.7% YoY
$47,824
Average Annual Wage
+3.4% YoY
0.79
Location Quotient
Below national avg

Morgantown vs West Virginia Statewide

How this metro's real estate and rental and leasing market compares to West Virginia overall. The state ranks #27/51 for entry risk.

Measure Morgantown WV Statewide
Overall Score 25.5 Favorable 40.6 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #45 of 330 metros #27 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 Morgantown

Finance and Insurance 28.0 Retail Trade 31.9 Construction 34.9 Other Services 40.7 Information 45.0 Professional, Scientific, and Technical Services 47.8 Accommodation and Food Services 52.9 Healthcare and Social Assistance 80.0

Real Estate and Rental and Leasing in Other West Virginia Metros

Wheeling 14.4 #9/330 Beckley 27.9 #57/330 Weirton-Steubenville 43.0 #168/330

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 Morgantown's real estate and rental and leasing sector, the industry concentration component (50.9) 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.