Palavir · State of US Industries, 2026 Edition
State of Real Estate and Rental and Leasing in Minnesota, 2026 Edition
NAICS 53
May 28, 2026
1. Market sizing (2022)
Establishments
7,835
Employees
41,546
Annual payroll
$2.69B
2. National context
Minnesota accounts for 1.68% of the 466,656 US establishments in this sector and ranks 17th out of 51 reporting states.
3. Workforce wages
MN avg annual wage
$64,853
US avg annual wage
$69,496
Minnesota sector wages are -6.7% versus the national average for NAICS 53.
4. Federal exclusion overlay (state-wide)
OIG LEIE individuals + entities
1,394
SAM debarred/excluded
1,897
Exclusion counts are state-wide across all NAICS, not specific to Real Estate and Rental and Leasing. Sourced from OIG LEIE and SAM exclusion lists, as of 2026-05-27.
5. Top 3 counties by establishment count
| Rank | County | Establishments | Employees |
|---|---|---|---|
| #1 | Hennepin County | 2,759 | 20,495 |
| #2 | Ramsey County | 800 | 4,710 |
| #3 | Dakota County | 671 | 2,672 |
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