# Real Estate and Rental and Leasing

> Sector (NAICS 53) — The Sector as a Whole

The Real Estate and Rental and Leasing sector comprises establishments primarily engaged in renting, leasing, or otherwise allowing the use of tangible or intangible assets, and establishments providing related services.  The major portion of this sector comprises establishments that rent, lease, or otherwise allow the use of their own assets by others.  The assets may be tangible, as is the case of real estate and equipment, or intangible, as is the case with patents and trademarks.

This sector also includes establishments primarily engaged in managing real estate for others, selling, renting, and/or buying real estate for others, and appraising real estate.  These activities are closely related to this sector's main activity, and from a production basis they are included here.  In addition, a substantial proportion of property management is self-performed by lessors.

The main components of this sector are the real estate lessors industries (including equity real estate investment trusts (REITs)); equipment lessors industries (including motor vehicles, computers, and consumer goods); and lessors of nonfinancial intangible assets (except copyrighted works).

Excluded from this sector are establishments primarily engaged in renting or leasing equipment with operators.  Establishments renting or leasing equipment with operators are classified in various subsectors of NAICS depending on the nature of the services provided (e.g., transportation, construction, agriculture).  These activities are excluded from this sector because the client is paying for the expertise and knowledge of the equipment operator, in addition to the rental of the equipment.  In many cases, such as the rental of heavy construction equipment, the operator is essential to operate the equipment.  Also excluded from this sector are mortgage REITs and establishments primarily engaged in managing the financial portfolio assets of REITs on a fee or commission basis.  These establishments are classified in Sector 52, Finance and Insurance.


- **NAICS code:** 53
- **Canonical URL:** https://singulariki.com/industries/53
- **Frame:** "AI exposure" means task overlap, not jobs lost. Figures aggregate over the occupations employed in this industry, each traced to a named public dataset.

## Scale & pay

- **Employment (BLS OEWS, May 2024):** 2,367,820 across 335 occupations.
- **Typical annual wage (employment-weighted median):** $57,819.

## AI exposure

- **AI task-overlap (employment-weighted across 256 occupations):** 66th percentile (Moderate) — Eloundou GPT-overlap + Felten AIOE; task overlap, not automation.

## Largest occupations

- Maintenance and Repair Workers, General (https://singulariki.com/roles/role-49-9071-00) — 314,320 employed; $47,610
- Property, Real Estate, and Community Association Managers (https://singulariki.com/roles/role-11-9141-00) — 239,020 employed; $63,680
- Counter and Rental Clerks (https://singulariki.com/roles/role-41-2021-00) — 189,840 employed; $38,200
- Real Estate Sales Agents (https://singulariki.com/roles/role-41-9022-00) — 154,000 employed; $52,050
- General and Operations Managers (https://singulariki.com/roles/role-11-1021-00) — 106,570 employed; $99,880
- Office Clerks, General (https://singulariki.com/roles/role-43-9061-00) — 100,870 employed; $42,490
- Janitors and Cleaners, Except Maids and Housekeeping Cleaners (https://singulariki.com/roles/role-37-2011-00) — 72,210 employed; $38,600
- Secretaries and Administrative Assistants, Except Legal, Medical, and Executive (https://singulariki.com/roles/role-43-6014-00) — 61,960 employed; $44,890
- Bookkeeping, Accounting, and Auditing Clerks (https://singulariki.com/roles/role-43-3031-00) — 61,750 employed; $50,720
- First-Line Supervisors of Mechanics, Installers, and Repairers (https://singulariki.com/roles/role-49-1011-00) — 58,270 employed; $65,080
- Accountants and Auditors (https://singulariki.com/roles/role-13-2011-00) — 50,410 employed; $79,990
- Real Estate Brokers (https://singulariki.com/roles/role-41-9021-00) — 43,010 employed; $71,990
- Customer Service Representatives (https://singulariki.com/roles/role-43-4051-00) — 41,740 employed; $40,860
- Laborers and Freight, Stock, and Material Movers, Hand (https://singulariki.com/roles/role-53-7062-00) — 41,250 employed; $39,180
- Heavy and Tractor-Trailer Truck Drivers (https://singulariki.com/roles/role-53-3032-00) — 29,640 employed; $55,690
- Landscaping and Groundskeeping Workers (https://singulariki.com/roles/role-37-3011-00) — 28,650 employed; $38,050
- Security Guards (https://singulariki.com/roles/role-33-9032-00) — 27,340 employed; $46,380
- Cleaners of Vehicles and Equipment (https://singulariki.com/roles/role-53-7061-00) — 26,370 employed; $36,280
- First-Line Supervisors of Office and Administrative Support Workers (https://singulariki.com/roles/role-43-1011-00) — 26,280 employed; $64,340
- Light Truck Drivers (https://singulariki.com/roles/role-53-3033-00) — 24,430 employed; $38,950

## Sources

- **O*NET** (30.3) — U.S. Department of Labor / National Center for O*NET Development. https://www.onetcenter.org/database.html
- **BLS Occupational Employment and Wage Statistics (OEWS)** (May 2024) — U.S. Bureau of Labor Statistics. https://www.bls.gov/oes/
- **Census NAICS** (2022) — U.S. Census Bureau. https://www.census.gov/naics/
- **Anthropic Economic Index** (v4 (2026-01-15) + v2 (2025-03-27)) — Anthropic. https://www.anthropic.com/economic-index
- **“GPTs are GPTs” (Eloundou et al.)** (arXiv 2303.10130) — OpenAI / academic. https://arxiv.org/abs/2303.10130
- **AI Occupational Exposure (AIOE)** (Felten, Raj & Seamans) — academic. https://github.com/AIOE-Data/AIOE

---
_Generated from Singulariki's joined dataset; data snapshot 2026-06-03T03:26:54.804143+00:00. https://singulariki.com/industries/53_