Analysis
NAICS 5313 is the 2022 industry group for activities related to real estate, part of 531 (Real Estate). Census lists 45 example activities under it in the official index.
Between 2018 and 2023 the number of establishments grew 15% and employment rose 15%. The 2018 count used NAICS 2017, so part of a large move can come from codes being redefined rather than from businesses opening or closing.
By establishments it ranks 3rd of the 3 codes at this level within Real Estate, with 27.6% of them.
County Business Patterns counts 114,391 US establishments in this code in 2023, employing 818,574 people at an average annual payroll of $69,559 per employee (52nd percentile of national industries). 72% of the establishments have fewer than five employees, which marks it as a small-business industry.
Across its national industries Census lists 45 index entries; typical ones are apartment managers' offices, commercial property managing, appraisal services, real estate and agencies, real estate escrow.
It splits into 3 more detailed codes. The largest by establishments is 53131 (Real Estate Property Managers) with 78,886.
Official definition
This industry group comprises establishments primarily engaged in providing real estate services (except lessors of real estate and offices of real estate agents and brokers). Included in this industry group are establishments primarily engaged in managing real estate for others and appraising real estate.
Source: US Census Bureau, NAICS 2022 Manual.
Index entries (45)
- Apartment managers' offices
- Commercial property managing
- Appraisal services, real estate
- Agencies, real estate escrow