NAICS Code 531 - Real Estate
Industry SectorReal Estate and Rental and Leasing
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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. This subsector includes equity Real Estate Investment Trusts (REITs) that are primarily engaged in leasing buildings, dwellings, or other real estate property to others. Mortgage REITs are classified in NAICS Code - 525 Funds, Trusts, and Other Financial Vehicles. Establishments primarily engaged in subdividing and developing unimproved real estate and constructing buildings for sale are classified in NAICS Code - 236 Construction of Buildings. Establishments primarily engaged in subdividing and improving raw land for subsequent sale to builders are classified in NAICS Code - 237 Heavy and Civil Engineering Construction.
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- Business Development
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Questions & Answers
How many active businesses operate in NAICS Code 531?
There are 345,008 verified business locations operating primarily in this industry.
What was the total revenue for NAICS Code 531?
In 2017 the total revenue for Real Estate was $477,247,946,000
What was the annual payroll for NAICS Code 531?
In 2017 the annual payroll for Real Estate was $85,367,271,000
How many people work in NAICS Code 531?
The number of reported paid employees is 1,687,621.