NAICS 53

Real Estate and Rental and Leasing in Wheeling, WV

Metro Market Score 14.4 (Favorable), ranked #9 of 330 metros. 126 establishments, 638 jobs.

Metro Market Assessment

Metro Market Score 14.4
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

Employment in Wheeling's real estate and rental and leasing sector grew faster than most metros last year, pushing its growth trend index to 97.9. Combined with a 14.4 market score, this metro sits in the top 10% for overall conditions.

Industry Concentration
40.6
LQ: 0.71
Rank #134 of 330 metros
Wage Competitiveness
1.8
$40,772 avg wage
Growth Trend
↑ 97.9
Employment growth index
Rank #8 of 330 metros
Wage Pressure
16.0
YoY wage change index

126 Real Estate and Rental and Leasing Firms in Wheeling

126
Establishments
+5.9% YoY
638
Total Employment
+17.7% YoY
$40,772
Average Annual Wage
+2.8% YoY
0.71
Location Quotient
Below national avg

Wheeling 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 Wheeling WV Statewide
Overall Score 14.4 Favorable 40.6 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #9 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 Wheeling

Professional, Scientific, and Technical Services 36.8 Construction 38.0 Other Services 44.9 Information 45.2 Finance and Insurance 55.5 Retail Trade 61.5 Accommodation and Food Services 64.0

Real Estate and Rental and Leasing in Other West Virginia Metros

Morgantown 25.5 #45/330 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 Wheeling's real estate and rental and leasing sector, the industry concentration component (40.6) 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.