NAICS 72

Accommodation and Food Services in Sebastian-Vero Beach-West Vero Corridor, FL

Metro Market Score 68.5 (Difficult), ranked #249 of 298 metros. 336 establishments, 5,843 jobs.

Metro Market Score 68.5

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

Wage costs in Sebastian-Vero Beach-West Vero Corridor's accommodation and food services sector are well above the metro average, with wage competitiveness at 75.8 and rising pressure at 71.3. New entrants should factor higher labor costs into their financial projections for this market.

Industry Concentration

64.4

LQ: 1.12

Rank #192 of 298 metros

Wage Competitiveness

75.8

$29,089 avg wage

Growth Trend

↓ 36.2

Employment growth index

Rank #191 of 298 metros

Wage Pressure

71.3

YoY wage change index

336 Accommodation and Food Services Firms in Sebastian-Vero Beach-West Vero Corridor

336

Establishments

+1.2% YoY

5,843

Total Employment

-0.4% YoY

$29,089

Average Annual Wage

+3.5% YoY

1.12

Location Quotient

Above national avg

Within Florida

#11 of 20

accommodation and food services metros in state

Florida state rank

#44 of 51

for accommodation and food services entry risk

vs State Median

0.0

matches median (68.5)

Sebastian-Vero Beach-West Vero Corridor vs Florida Statewide

How this metro's accommodation and food services market compares to Florida overall. The state ranks #44/51 for entry risk.

Measure	Sebastian-Vero Beach-West Vero Corridor	FL Statewide
Overall Score	68.5 Difficult	53.6 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#249 of 298 metros	#44 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 Sebastian-Vero Beach-West Vero Corridor

Information 43.3 Construction 43.9 Healthcare and Social Assistance 49.5 Professional, Scientific, and Technical Services 51.0 Finance and Insurance 51.1 Retail Trade 57.7 Real Estate and Rental and Leasing 64.0 Other Services 64.5 Administrative and Support Services 67.3

Accommodation and Food Services in Other Florida Metros

Ocala 48.4 #104/298 Sebring 51.5 #127/298 Palm Bay-Melbourne-Titusville 57.6 #169/298 Cape Coral-Fort Myers 60.2 #187/298 Jacksonville 60.2 #188/298 Punta Gorda 60.6 #194/298 Miami-Fort Lauderdale-West Palm Beach 61.6 #203/298 Lakeland-Winter Haven 62.6 #212/298 Naples-Marco Island 63.3 #216/298 Tallahassee 66.3 #235/298

+ 9 more metros. View all in Florida →

Accommodation and Food Services Metros With Similar Conditions

Metros within 5 points of Sebastian-Vero Beach-West Vero Corridor's 68.5 score. Useful when comparing markets with comparable entry profiles.

Spokane-Spokane Valley, WA 68.4 #248/298 Los Angeles-Long Beach-Anaheim, CA 68.6 #250/298 Sacramento-Roseville-Folsom, CA 68.6 #251/298 Coeur d'Alene, ID 68.8 #252/298 Wildwood-The Villages, FL 68.8 #253/298 Orlando-Kissimmee-Sanford, FL 68.8 #254/298 Las Vegas-Henderson-North Las Vegas, NV 68.0 #247/298 Bremerton-Silverdale-Port Orchard, WA 69.2 #255/298 Lawrence, KS 67.6 #246/298 New Haven, CT 67.6 #245/298

Accommodation and Food Services in States Bordering Florida

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

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

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 Sebastian-Vero Beach-West Vero Corridor's accommodation and food services sector, the employment growth component (63.8) 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 Sebastian-Vero Beach-West Vero Corridor, FL MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment