# US states by GDP by industry: real estate, rental and leasing, 2025

All 51 values come from U.S. Bureau of Economic Analysis for 2025, so the places are comparable.

- Indicator id: `gdp_by_industry_usd_real_estate`
- Unit: USD million
- Definition: Value added by real estate and rental and leasing (NAICS 53), the industry's contribution to gross domestic product (GDP), in millions of current US dollars. United States and states: Bureau of Economic Analysis GDP by state, table SAGDP2, line 56.
- Source: U.S. Bureau of Economic Analysis, SAGDP2: gross domestic product (GDP) by state, Real estate and rental and leasing (NAICS 53), millions of current dollars (https://apps.bea.gov/regional/zip/SAGDP.zip)
- Publisher page: https://invokely.ai/en/publishers/bureau-of-economic-analysis
- Retrieved: 2026-10-12
- Citation: U.S. Bureau of Economic Analysis. SAGDP2: gross domestic product (GDP) by state, Real estate and rental and leasing (NAICS 53), millions of current dollars. https://apps.bea.gov/regional/zip/SAGDP.zip. Retrieved 2026-10-12.
- Web page: https://invokely.ai/rankings/gdp-by-industry-real-estate/us-states

| Rank | Place | USD million |
|---:|---|---:|
| 1 | California | 598,938.5 |
| 2 | Texas | 373,122.8 |
| 3 | Florida | 372,864.1 |
| 4 | New York | 351,829.5 |
| 5 | Illinois | 158,956.3 |
| 6 | New Jersey | 139,971.4 |
| 7 | Pennsylvania | 135,007.6 |
| 8 | Georgia | 132,219.5 |
| 9 | Ohio | 119,059.4 |
| 10 | Washington | 114,697.7 |
| 11 | Massachusetts | 114,659.7 |
| 12 | Virginia | 113,884.6 |
| 13 | North Carolina | 113,656 |
| 14 | Michigan | 100,565.7 |
| 15 | Arizona | 99,974.7 |
| 16 | Colorado | 90,823.8 |
| 17 | Maryland | 88,713.7 |
| 18 | Tennessee | 74,106.8 |
| 19 | Minnesota | 64,950.5 |
| 20 | Missouri | 60,264.9 |
| 21 | South Carolina | 59,045.3 |
| 22 | Indiana | 58,641.5 |
| 23 | Wisconsin | 57,080.3 |
| 24 | Oregon | 51,680.7 |
| 25 | Connecticut | 50,237.3 |
| 26 | Utah | 44,771.6 |
| 27 | Nevada | 42,596.7 |
| 28 | Alabama | 41,324.3 |
| 29 | Louisiana | 37,415.6 |
| 30 | Kentucky | 35,203.5 |
| 31 | Oklahoma | 29,196.8 |
| 32 | Kansas | 26,419.3 |
| 33 | Iowa | 23,859.5 |
| 34 | Arkansas | 21,661.6 |
| 35 | Hawaii | 20,595.8 |
| 36 | Idaho | 20,337.6 |
| 37 | Mississippi | 20,027.5 |
| 38 | New Mexico | 18,099.7 |
| 39 | New Hampshire | 17,985.6 |
| 40 | Nebraska | 17,572.5 |
| 41 | Delaware | 17,228 |
| 42 | District of Columbia | 17,211.1 |
| 43 | Maine | 15,610.5 |
| 44 | Rhode Island | 12,253.6 |
| 45 | Montana | 11,793.4 |
| 46 | West Virginia | 11,207.5 |
| 47 | South Dakota | 7,950.5 |
| 48 | North Dakota | 7,594.4 |
| 49 | Vermont | 7,274.7 |
| 50 | Alaska | 7,184.6 |
| 51 | Wyoming | 6,812.9 |