NAICS 72

Accommodation and Food Services in Prescott Valley-Prescott, AZ

Metro Market Score 71.3 (Difficult), ranked #267 of 298 metros. 590 establishments, 9,105 jobs.

Metro Market Assessment

Metro Market Score 71.3
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

Lower is better. Relative to national accommodation and food services average.

💰High-Cost Market

Prescott Valley-Prescott is a specialized hub for accommodation and food services, with a location quotient of 1.40 and industry concentration in the bottom quartile. Higher-than-average firm density means more competition for talent and customers, but also a deeper local supply chain and client pool.

Industry Concentration
90.3
LQ: 1.40
Rank #269 of 298 metros
Wage Competitiveness
82.2
$30,183 avg wage
Growth Trend
45.6
Employment growth index
Rank #163 of 298 metros
Wage Pressure
59.4
YoY wage change index

590 Accommodation and Food Services Firms in Prescott Valley-Prescott

590
Establishments
+100.0% YoY
9,105
Total Employment
+0.0% YoY
$30,183
Average Annual Wage
+0.0% YoY
1.40
Location Quotient
Above national avg

Prescott Valley-Prescott vs Arizona Statewide

How this metro's accommodation and food services market compares to Arizona overall. The state ranks #40/51 for entry risk.

Measure Prescott Valley-Prescott AZ Statewide
Overall Score 71.3 Difficult 46.9 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #267 of 298 metros #40 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Prescott Valley-Prescott

Accommodation and Food Services in Other Arizona Metros

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Prescott Valley-Prescott's accommodation and food services sector, the industry concentration component (90.3) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Data period: 2024. Last updated: April 2026.