NAICS 72

Accommodation and Food Services in Indiana: 2026 Market Risk Report

Entry risk 37.9 (Moderate), ranked #28 of 51 states. 14,530 establishments, 271,694 jobs.

Entry Risk Assessment

Entry Risk Score 37.9
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Moderate

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

The accommodation and food services sector in Indiana is tracking close to the U.S. baseline, with no extreme signals in volatility, saturation, or wage pressure. Entry conditions are within the national median range.

5-Year Firm Retention
51.0%
Percentile within industry
Rank #26 of 51 states
Growth Momentum
27.1
Scale of 0-100
Rank #36 of 51 states
Establishment Density
8.5
vs. national average
Rank #6 of 51 states
Market Volatility
9.8
Lower is more stable
Wage Pressure Index
44.0
Labor cost pressure

14,530 Establishments in Indiana

14,530
Establishments
+0.7% YoY
271,694
Total Employment
-0.4% YoY
$23,449
Average Annual Wage
+4.2% YoY

Indiana vs National Accommodation and Food Services Average

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

Metric IN National Difference
Entry Risk Score 37.9 40.0 -2.1
5-Year Retention 51.0% 51.0% -0.0
Growth Momentum 27.1 41.1 -14.0
Market Volatility 9.8 23.9 -14.0
Establishment Density 8.5 27.0 -18.5
Wage Pressure 44.0 33.4 +10.6

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

Indiana Ranks #28 of 51 for Accommodation and Food Services

Indiana ranks #28 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
#28 Indiana You 37.9 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 Indiana 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 Indiana's accommodation and food services market compares to bordering states.

Michigan 29.2 #10/51 Ohio 29.3 #11/51 Kentucky 36.9 #25/51 Illinois 39.5 #30/51

Other Industries in Indiana

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 →