NAICS 72

Accommodation and Food Services in Colorado Springs, CO

Metro Market Score 78.6 (Difficult), ranked #286 of 298 metros. 1,696 establishments, 35,090 jobs.

Metro Market Score 78.6

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

Colorado Springs stands out for high accommodation and food services labor costs. Wage competitiveness hits 80.5 (above the 70th percentile of metros), and year-over-year wage pressure at 71.0 signals continued increases. Plan for higher payroll if entering this market.

Industry Concentration

77.2

LQ: 1.21

Rank #230 of 298 metros

Wage Competitiveness

80.5

$29,801 avg wage

Growth Trend

↓ 16.8

Employment growth index

Rank #249 of 298 metros

Wage Pressure

71.0

YoY wage change index

1,696 Accommodation and Food Services Firms in Colorado Springs

1,696

Establishments

-0.4% YoY

35,090

Total Employment

-2.2% YoY

$29,801

Average Annual Wage

+3.4% YoY

1.21

Location Quotient

Above national avg

Within Colorado

#6 of 6

accommodation and food services metros in state

Colorado state rank

#41 of 51

for accommodation and food services entry risk

vs State Median

+13.7

worse than median (64.9)

Colorado Springs vs Colorado Statewide

How this metro's accommodation and food services market compares to Colorado overall. The state ranks #41/51 for entry risk.

Measure	Colorado Springs	CO Statewide
Overall Score	78.6 Difficult	46.9 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#286 of 298 metros	#41 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 Colorado Springs

Healthcare and Social Assistance 43.5 Retail Trade 54.1 Construction 56.2 Real Estate and Rental and Leasing 63.2 Administrative and Support Services 64.7 Professional, Scientific, and Technical Services 66.4 Other Services 66.9 Information 67.6 Finance and Insurance 68.5

Accommodation and Food Services in Other Colorado Metros

Greeley 44.4 #78/298 Pueblo 55.0 #157/298 Fort Collins-Loveland 62.8 #213/298 Grand Junction 64.9 #226/298 Boulder 71.6 #268/298

Accommodation and Food Services Metros With Similar Conditions

Metros within 5 points of Colorado Springs's 78.6 score. Useful when comparing markets with comparable entry profiles.

Modesto, CA 78.3 #285/298 Bozeman, MT 77.8 #284/298 Glens Falls, NY 80.0 #287/298 Hilton Head Island-Bluffton-Port Royal, SC 76.8 #283/298 Fairbanks-College, AK 80.4 #288/298 Santa Rosa-Petaluma, CA 76.1 #281/298 Savannah, GA 76.1 #282/298 North Port-Bradenton-Sarasota, FL 81.4 #289/298 Pittsfield, MA 81.5 #290/298 Salinas, CA 75.7 #280/298

Accommodation and Food Services in States Bordering Colorado

State-level entry risk for accommodation and food services in adjacent states. Use this to weigh cross-border options.

New Mexico 24.5 #3/51 Kansas 34.2 #18/51 Oklahoma 35.0 #20/51 Utah 36.5 #22/51 Nebraska 41.5 #31/51 Arizona 46.9 #40/51 Wyoming 55.0 #45/51

Browse Accommodation and Food Services in Other States

State-level entry risk reports for accommodation and food services across all 51 markets, sorted by rank.

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 Colorado Springs's accommodation and food services sector, the employment growth component (83.2) 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Colorado Springs, CO MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment