Industry Statistics Sampler
NAICS 531
Real estate

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Definition	Data from the Economic Census					Annual data
	Employers	Nonemployers	Compare to '97	States	Products, Size, etc.

Employers: 2002
Table includes only establishments of firms with payroll. Nonemployers are shown below. Introductory text includes scope, methodology, non-sampling error, and confidentiality protection. For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table.
NAICS code	Description	Estab- lish- ments	Revenue ($1,000)	Annual payroll ($1,000)	Paid employees

53	Real estate & rental & leasing	322,815	335,587,706	60,222,584	1,948,657
531	Real estate	256,086	223,563,114	41,656,938	1,304,841
5311	Lessors of real estate	113,201	116,240,519	13,211,071	509,454
5312	Offices of real estate agents & brokers	76,341	63,381,021	10,383,693	280,754
5313	Activities related to real estate	66,544	43,941,574	18,062,174	514,633

Nonemployers: 2002
Data based on 2002 Nonemployer Statistics. Table includes only firms subject to federal income tax. Nonemployers are businesses with no paid employees. Introductory text includes scope and methodology. For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table.
NAICS code	NAICS Title	All firms		Nonemployers				Employers
		Establish- ments	Receipts ($1,000)	Establishments		Receipts		Establish- ments	Revenue ($1,000)
		Establish- ments	Receipts ($1,000)	Number	% of all	$1,000	% of all	Establish- ments	Revenue ($1,000)

53	Real estate & rental & leasing	2,202,857	497,377,835	1,880,042	85.3	161,790,129	32.5	322,815	335,587,706
531	Real estate	2,055,279	379,713,451	1,799,193	87.5	156,150,337	41.1	256,086	223,563,114
5311	Lessors of real estate	866,513	216,744,059	753,312	86.9	100,503,540	46.4	113,201	116,240,519
5312	Offices of real estate agents & brokers	646,290	89,388,094	569,949	88.2	26,007,073	29.1	76,341	63,381,021
5313	Activities related to real estate	542,476	73,581,298	475,932	87.7	29,639,724	40.3	66,544	43,941,574

Definition: NAICS 531 Real estate

Industries in the Real Estate subsector group establishments that are primarily engaged in renting or leasing real estate to others; managing real estate for others; selling, buying, or renting real estate for others; and providing other real estate related services, such as appraisal services. Establishments primarily engaged in subdividing and developing unimproved real estate and constructing buildings for sale are classified in Subsector 236, Construction of Buildings.

Establishments primarily engaged in subdividing and improving raw land for subsequent sale to builders are classified in Subsector 237, Heavy and Civil Engineering Construction.

Real Estate Investment Trusts (REITS) are classified in Subsector 525, Funds, Trusts, and Other Financial Vehicles, because they are considered investment vehicles.

Historical comparability

NAICS 531, Real estate, is comparable between 2002 and 1997.

For comparisons with data before 1997, see the Bridge Between 1997 NAICS and 1987 SIC.

Comparative Statistics: 2002 and 1997

Data are in current dollars and have not been adjusted for inflation. Table includes only establishments of firms with payroll. Introductory text includes scope, methodology, non-sampling error, and confidentiality protection. "% change" rows show percent change between 1997 and 2002.
1997 NAICS code	1997 NAICS Description	Year	Establishments	Revenue ($1,000)	Annual payroll ($1,000)	Paid employees

531	Real estate	2002	256,086	223,563,114	41,656,938	1,304,841
		1997	221,650	153,274,907	27,947,109	1,117,249
		% change	15.5	45.9	49.1	16.8

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Industry
Snapshot

Geographic Distribution -- Real estate: 2002

Data for the Real estate & rental & leasing sector are published for the U.S., states, metropolitan areas, counties, and places.

Table includes only establishments of firms with payroll. Nonemployers are shown above. Introductory text includes scope, methodology, non-sampling error, and confidentiality protection. For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table.

Other
Indus-
tries

Description

Estab-
lish-
ments

Revenue
($1,000)

Revenue
% of
U.S.

Revenue
per capita
($)

Annual
payroll
($1,000)

Paid
employees

United States

256,086

223,563,114

100.00

776

41,656,938

1,304,841

California

34,740

37,025,891

16.56

1,057

6,828,840

191,762

New York

26,669

30,979,393

13.86

1,616

4,985,431

131,860

Florida

20,668

15,372,713

6.88

922

2,692,450

91,931

Texas

17,434

15,370,585

6.88

706

3,096,393

95,913

Illinois

9,466

10,635,829

4.76

844

2,077,101

57,967

New Jersey

7,172

7,861,145

3.52

916

1,323,917

37,599

Ohio

7,642

6,369,749

2.85

558

1,147,979

39,991

Pennsylvania

6,803

6,319,027

2.83

513

1,267,572

40,039

Georgia

7,561

6,250,413

2.80

727

1,377,637

40,280

Massachusetts

4,805

6,046,196

2.70

940

1,233,119

29,103

Virginia

5,933

5,748,952

2.57

789

1,154,724

34,063

Michigan

6,671

5,704,027

2.55

568

1,075,797

38,107

Washington

6,859

5,631,497

2.52

928

984,128

34,218

Maryland

4,667

5,229,775

2.34

961

1,099,136

31,826

Colorado

6,962

4,591,748

2.05

1,020

926,380

32,477

North Carolina

6,610

4,312,672

1.93

519

857,326

29,652

Minnesota

4,922

3,683,935

1.65

733

683,615

24,925

Missouri

4,562

3,363,210

1.50

592

672,464

24,724

Connecticut

2,630

3,040,275

1.36

879

627,259

15,713

Tennessee

3,698

2,895,974

1.30

500

561,880

19,605

Indiana

4,216

2,685,195

1.20

436

544,779

20,560

Oregon

4,135

2,578,485

1.15

732

462,854

18,570

Wisconsin

3,771

2,398,700

1.07

441

444,272

17,470

Nevada

2,472

2,068,805

0.93

954

354,312

12,200

South Carolina

3,108

1,995,773

0.89

487

432,755

15,372

Hawaii

1,526

1,657,773

0.74

1,344

333,457

10,228

Alabama

2,685

1,576,737

0.71

352

309,076

12,292

Louisiana

2,809

1,519,372

0.68

340

288,897

12,433

Kentucky

2,557

1,423,096

0.64

348

234,959

10,159

Kansas

2,333

1,371,541

0.61

505

246,690

9,720

Oklahoma

2,487

1,290,687

0.58

370

257,957

10,512

Utah

2,395

1,181,729

0.53

508

237,281

9,781

Iowa

2,062

1,087,882

0.49

371

198,081

8,110

Mississippi

1,588

844,887

0.38

295

114,660

5,431

Nebraska

1,431

833,991

0.37

483

161,615

6,442

Arkansas

1,823

810,104

0.36

299

153,448

7,130

New Mexico

1,640

794,650

0.36

428

120,387

5,153

New Hampshire

1,126

757,618

0.34

595

148,421

4,620

Rhode Island

806

568,512

0.25

532

119,564

3,722

Idaho

1,280

517,698

0.23

385

82,475

3,919

Maine

1,199

504,059

0.23

389

100,287

3,747

West Virginia

1,083

471,643

0.21

261

73,991

3,681

Alaska

559

447,643

0.20

699

78,309

2,634

Montana

1,116

330,078

0.15

363

57,157

2,891

North Dakota

506

292,073

0.13

461

33,900

2,091

South Dakota

642

264,584

0.12

348

45,635

2,494

Vermont

543

218,905

0.10

355

46,651

1,690

Wyoming

648

205,318

0.09

411

34,286

1,756

All other states, including those below

7,066

6,432,570

2.88

1,267,634

38,278

Arizona

5,455

(25k-49k)

District of Columbia

849

(5000-9999)

Delaware

761

(2500-4999)

Products Lines for Real estate
Product code	Product description	Sales of this line ($000)	Percent of industry sales (%)
50000	Industry total	223,563,11	100.00
52000	Gross rents from real property owned by this establishment	109,135,90	48.82
52100	Real estate brokerage fees & commissions	59,956,939	26.82
52200	Property management fees	26,983,671	12.07
	-Other	27,486,602	12.29

For more product detail, see the AFF links below for Product Lines

Products, Size, and Other Data from the Economic Census -- Real estate
Series number	Title	Contents	Geography
EC02-00C-COMP	Comparative Statistics	2002 and 1997 data side by side on a comparable NAICS 1997 basis	US, states
EC02-53SL-LS	Product Lines	Product Lines by Kind of Business	US
EC02-53SS-SZ	Establishment and Firm Size	Revenue Size of Establishments	US
		Employment Size of Establishments	US
		Single Unit & Multiunit Firms	US
		Revenue Size of Firms	US
		Employment Size of Firms	US
		Concentration by Largest Firms	US
		Legal Form of Organization	US
EC02-53A	Geographic Area Series	Summary Statistics	US, states, counties, metros
SB02-00A	Survey of Business Owners	Business Ownership by Gender, Hispanic or Latino Origin, and Race	US

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Data from the Other Census Bureau Programs -- NAICS 531
Title (with link to data)	Frequency	Contents	Geography
Annual Capital Expenditures Survey	Annual	Capital expenditures for structures and equipment for companies with paid employees	US
County Business Patterns	Annual	Employees; payroll; number of establishments by employment size of establishment	US, states, metro areas, counties
Nonemployer Statistics	Annual	Number of establishments and sales of firms with no paid employees	US, states, metro areas, counties
Statistics of U.S. Businesses	Annual	Number of firms, employees, payroll, (and revenue, for 2002 only) by employment-size of the enterprise	US, states, metro areas