NAICS Sector 53 · IRS SOI + Census CBP 2023
Real Estate and Rental and Leasing
Sector-wide financial benchmarks across 53 sub-industries, profit margin, payroll, employment, and revenue. Drill into any industry below for NAICS-level detail.
- 12.4%
- Avg net margin
- 2.4M
- Workers
- 53
- Industries
- $554.2B
- Annual receipts
The verdict · Real Estate and Rental and Leasing
The Real Estate and Rental and Leasing sector averages a 12.4% net margin across 53 sub-industries - above average for US sectors - but that headline blends Real Estate at 24.7% with far thinner lines below it.
- 12.4%
- Avg net margin (IRS SOI)
- 2.4M
- Workers (Census CBP)
- 470K
- Establishments
- 53
- Sub-industries
Sector averages are a map, not a benchmark, drop one NAICS level deeper to compare your own business.
Highest-margin industries in Real Estate and Rental and Leasing
Pre-tax net margin by sub-industry, IRS Statistics of Income 2023.
What the Real Estate and Rental and Leasing Sector Numbers Reveal
The Real Estate and Rental and Leasing sector (NAICS 53) aggregates 53 distinct sub-industries into one benchmarking unit. At the sector level, the average net profit margin is 12.4% - a figure that is above average for US sectors. Averages at this tier can mislead because they blend high-margin specialty lines with commodity operators: Real Estate runs at 24.7%, while other sub-industries inside the same sector operate well below that headline. When you benchmark a business against a sector, always drop one level deeper to the NAICS 6-digit industry that matches your actual operations.
Scale metrics reinforce the story. Census Bureau CBP 2023 records 2,391,886 employees across 469,562 establishments in this sector, with $554.2B of annual receipts flowing through the IRS SOI filings. The largest employer sub-industry is Real Estate with 1,819,631 workers, followed by Rental and Leasing Services at 528,160. Understanding which sub-industries drive headcount helps identify where labor cost trends, wage pressure, and hiring competition will concentrate, all of which feed directly into the profit margin shown above.
For operators, investors, and analysts, the right move is to use this sector page as a map rather than a conclusion. Click into any sub-industry below to see its actual NAICS-6 profit margin, entity-type breakdown (sole prop vs. S-corp vs. C-corp), state-level employment concentration, and SBA lending activity. Sector-level numbers are the aggregate; the real benchmarking precision lives one layer down in the IRS SOI and Census CBP micro-data that PlainBizBench surfaces on each industry page.
Avg Profit Margin
12.4%
Total Employment
2,391,886
Establishments
469,562
Total Receipts
$554.2B
All Industries in This Sector
| Industry | Profit Margin |
|---|---|
| Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) NAICS 533 | 20.0% |
| Real Estate NAICS 531 | 24.7% |
| Rental and Leasing Services NAICS 532 | 3.4% |
Top Profit Margins
Largest Employers
- #1 Real Estate 1,819,631
- #2 Rental and Leasing Services 528,160
- #3 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) 44,095
Frequently Asked Questions
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Industry Benchmarking Guides
Read our methodology - how this data is sourced, computed, and verified.
Related
According to the U.S. Census Bureau, which released its 2023 County Business Patterns dataset in June 2025, PlainBizBench benchmarks 2,002 U.S. industries across 24 NAICS sectors against Internal Revenue Service Statistics of Income data. See our methodology for the full compilation process.
Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates every industry within this sector, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.