NAICS 72

Accommodation and Food Services in Illinois: 2026 Market Risk Report

Entry risk 39.5 (Moderate), ranked #30 of 51 states. 28,646 establishments, 504,756 jobs.

Entry Risk Assessment

Entry Risk Score 39.5
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Moderate

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

⛔High Barrier to Entry🛡️Stable Market

Illinois exhibits structural stability in accommodation and food services, with volatility at 32.7 and firm retention ranking in the top 10. These metrics suggest lower cyclical risk compared to the national baseline.

5-Year Firm Retention
82.3%
Percentile within industry
Rank #10 of 51 states
Growth Momentum
27.5
Scale of 0-100
Rank #35 of 51 states
Establishment Density
12.7
vs. national average
Rank #13 of 51 states
Market Volatility
32.7
Lower is more stable
Wage Pressure Index
100.0
Labor cost pressure

28,646 Establishments in Illinois

28,646
Establishments
+2.6% YoY
504,756
Total Employment
+0.6% YoY
$31,130
Average Annual Wage
+7.0% YoY

Illinois vs National Accommodation and Food Services Average

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

Metric IL National Difference
Entry Risk Score 39.5 40.0 -0.5
5-Year Retention 82.3% 51.0% +31.3
Growth Momentum 27.5 41.1 -13.6
Market Volatility 32.7 23.9 +8.8
Establishment Density 12.7 27.0 -14.3
Wage Pressure 100.0 33.4 +66.6

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

Illinois Ranks #30 of 51 for Accommodation and Food Services

Illinois ranks #30 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
#30 Illinois You 39.5 moderate
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 Illinois 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 Illinois's accommodation and food services market compares to bordering states.

Wisconsin 28.2 #5/51 Kentucky 36.9 #25/51 Indiana 37.9 #28/51 Iowa 39.0 #29/51 Missouri 47.2 #42/51

Other Industries in Illinois

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 →