real estate naics code. Construction (NAICS 531000)
Employers of all sizes in both metro and nonmetro areas across all 50 states and DC contribute to these national estimates for both employment and wages in NAICS 531000 – Real Estate.
There is a discrepancy between the totals and the estimates for detailed occupations because (1) the totals include occupations that are not shown separately. Independent contractors are not accounted for in these estimates.
For occupations where no hourly wage is published, annual wages were calculated directly from the reported survey data.
Thirdly, the accuracy of a survey statistic can be evaluated using a statistic called the relative standard error (RSE). The more precise the estimate, the smaller the relative standard error.
(4) Hourly wages or annual salaries are reported for jobs that typically do not require workers to be available 24/7 throughout the year.
Seven) It’s worth less than.005 percent of the workforce in that sector.
An estimate is not available at this time (#8).
Establishments whose primary activity is real estate rental or leasing, real estate management, real estate brokerage, real estate sales, real estate purchases, or real estate appraisal fall under the Real Estate subsector.
Equity real estate investment trusts (REITs) that lease buildings, homes, or other real estate to third parties are included in this industry subsector. Subsector 525, which includes Funds, Trusts, and Other Financial Vehicles, is where you’ll find mortgage REITs.
Subsector 236: Construction of Buildings, includes businesses whose primary activity is the subdivision and development of unimproved real estate and the construction of buildings for sale. Subsector 237, Heavy and Civil Engineering Construction, includes businesses whose primary activity is the division and improvement of raw land for the purpose of selling it to builders.
