Palavir · State of US Industries, 2026 Edition
State of Real Estate and Rental and Leasing in Tennessee, 2026 Edition
NAICS 53
May 28, 2026
1. Market sizing (2022)
Establishments
7,008
Employees
40,737
Annual payroll
$2.55B
2. National context
Tennessee accounts for 1.50% of the 466,656 US establishments in this sector and ranks 23rd out of 51 reporting states.
3. Workforce wages
TN avg annual wage
$62,669
US avg annual wage
$69,496
Tennessee sector wages are -9.8% versus the national average for NAICS 53.
4. Federal exclusion overlay (state-wide)
OIG LEIE individuals + entities
1,820
SAM debarred/excluded
2,582
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 | Davidson County | 1,289 | 9,703 |
| #2 | Shelby County | 964 | 7,726 |
| #3 | Knox County | 673 | 4,182 |
GovBids
Federal contract opportunities and awards. Filter by NAICS, agency, set-aside.