NAICS 72

Accommodation and Food Services in Florida: 2026 Market Risk Report

Entry risk 53.6 (Elevated), ranked #44 of 51 states. 54,331 establishments, 1,053,017 jobs.

Entry Risk Assessment

Entry Risk Score 53.6
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

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

📈Growth Opportunity

Despite ranking top 5 in growth momentum, Florida presents structural entry friction. Wage pressure (58.0) and an overall risk score of 53.6 indicate that top-line growth may not translate to favorable unit economics for new establishments.

5-Year Firm Retention
3.9%
Percentile within industry
Rank #50 of 51 states
Growth Momentum
↑ 74.3
Scale of 0-100
Rank #4 of 51 states
Establishment Density
25.3
vs. national average
Rank #31 of 51 states
Market Volatility
15.4
Lower is more stable
Wage Pressure Index
58.0
Labor cost pressure

54,331 Establishments in Florida

54,331
Establishments
+2.4% YoY
1,053,017
Total Employment
+1.4% YoY
$33,367
Average Annual Wage
+4.9% YoY

Florida vs National Accommodation and Food Services Average

How Florida's accommodation and food services market compares to the national average across all 51 states.

Metric FL National Difference
Entry Risk Score 53.6 40.0 +13.6
5-Year Retention 3.9% 51.0% -47.1
Growth Momentum 74.3 41.1 +33.2
Market Volatility 15.4 23.9 -8.5
Establishment Density 25.3 27.0 -1.7
Wage Pressure 58.0 33.4 +24.6

Green = favorable vs national average. Red = less favorable. Metrics are relative within accommodation and food services only.

Florida Ranks #44 of 51 for Accommodation and Food Services

Florida ranks #44 out of 51 states for accommodation and food services market entry conditions.

Accommodation and Food Services Entry Risk by State

Rank State Risk Score Classification
#1 Delaware 19.8 low
#2 North Carolina 23.4 low
#3 New Mexico 24.5 low
#4 Idaho 26.2 low
#5 Wisconsin 28.2 low
#44 Florida You 53.6 elevated
Entry Risk by State Alaska — 31.6 · #14 Alabama — 44.1 · #37 Arkansas — 36.9 · #26 Arizona — 46.9 · #40 California — 57.2 · #47 Colorado — 46.9 · #41 Connecticut — 37.3 · #27 District of Columbia — 81.4 · #51 Delaware — 19.8 · #1 Florida — 53.6 · #44 Georgia — 43.6 · #35 Hawaii — 66.1 · #50 Iowa — 39.0 · #29 Idaho — 26.2 · #4 Illinois — 39.5 · #30 Indiana — 37.9 · #28 Kansas — 34.2 · #18 Kentucky — 36.9 · #25 Louisiana — 43.8 · #36 Massachusetts — 28.4 · #7 Maryland — 31.7 · #15 Maine — 55.0 · #46 Michigan — 29.2 · #10 Minnesota — 34.9 · #19 Missouri — 47.2 · #42 Mississippi — 35.6 · #21 Montana — 46.1 · #39 North Carolina — 23.4 · #2 North Dakota — 29.5 · #12 Nebraska — 41.5 · #31 New Hampshire — 28.8 · #8 New Jersey — 43.3 · #34 New Mexico — 24.5 · #3 Nevada — 64.0 · #49 New York — 58.6 · #48 Ohio — 29.3 · #11 Oklahoma — 35.0 · #20 Oregon — 42.8 · #32 Pennsylvania — 36.8 · #24 Rhode Island — 28.3 · #6 South Carolina — 29.2 · #9 South Dakota — 36.7 · #23 Tennessee — 29.5 · #13 Texas — 46.0 · #38 Utah — 36.5 · #22 Virginia — 33.6 · #16 Vermont — 51.0 · #43 Washington — 42.9 · #33 Wisconsin — 28.2 · #5 West Virginia — 33.7 · #17 Wyoming — 55.0 · #45
Low Moderate Elevated High

Tap a state to view details

About Entry Risk Score: A weighted composite of firm retention, growth momentum, market volatility, establishment density, and wage pressure. Lower scores indicate more favorable conditions. Read full methodology →

Data Sources

Data period: 2024. Last updated: February 2026. Next refresh expected: Q2 2026 (BLS QCEW update).

Compare to Another State

How does Florida stack up against other states for accommodation and food services?

Select a state above to see the comparison

Accommodation and Food Services in Neighboring States

How Florida's accommodation and food services market compares to bordering states.

Georgia 43.6 #35/51 Alabama 44.1 #37/51

Other Industries in Florida

Construction → Healthcare and Social Assistance → Retail Trade → Professional, Scientific, and Technical Services → Finance and Insurance → Real Estate and Rental and Leasing → Administrative and Support Services → Information → Other Services →