NAICS 72

Accommodation and Food Services in Oxnard-Thousand Oaks-Ventura, CA

Metro Market Score 72.3 (Difficult), ranked #271 of 298 metros. 1,766 establishments, 33,250 jobs.

Metro Market Assessment

Metro Market Score 72.3
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⚡Rising Wages

Oxnard-Thousand Oaks-Ventura stands out for high accommodation and food services labor costs. Wage competitiveness hits 87.3 (above the 70th percentile of metros), and year-over-year wage pressure at 79.5 signals continued increases. Plan for higher payroll if entering this market.

Industry Concentration
59.7
LQ: 1.09
Rank #178 of 298 metros
Wage Competitiveness
87.3
$31,700 avg wage
Growth Trend
↓ 34.6
Employment growth index
Rank #196 of 298 metros
Wage Pressure
79.5
YoY wage change index

1,766 Accommodation and Food Services Firms in Oxnard-Thousand Oaks-Ventura

1,766
Establishments
+2.3% YoY
33,250
Total Employment
-0.6% YoY
$31,700
Average Annual Wage
+5.9% YoY
1.09
Location Quotient
Above national avg

Oxnard-Thousand Oaks-Ventura vs California Statewide

How this metro's accommodation and food services market compares to California overall. The state ranks #47/51 for entry risk.

Measure Oxnard-Thousand Oaks-Ventura CA Statewide
Overall Score 72.3 Difficult 57.2 High
Score Type Metro Market Score Entry Risk Score
Rank #271 of 298 metros #47 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 Oxnard-Thousand Oaks-Ventura

Healthcare and Social Assistance 26.9 Other Services 38.7 Real Estate and Rental and Leasing 47.9 Finance and Insurance 49.9 Administrative and Support Services 56.4 Construction 57.6 Information 59.6 Professional, Scientific, and Technical Services 65.0 Retail Trade 70.2

Accommodation and Food Services in Other California Metros

Fresno 39.2 #46/298 Hanford-Corcoran 50.6 #120/298 San Jose-Sunnyvale-Santa Clara 53.3 #140/298 Chico 53.8 #147/298 El Centro 54.7 #155/298 Visalia 56.9 #163/298 San Luis Obispo-Paso Robles 60.6 #197/298 Redding 62.2 #208/298 Bakersfield-Delano 64.2 #220/298 Stockton-Lodi 64.5 #221/298

+ 14 more metros. View all in California →

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 Oxnard-Thousand Oaks-Ventura's accommodation and food services sector, the wage competitiveness component (87.3) 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.