NAICS 72

Accommodation and Food Services in Evansville, IN

Metro Market Score 60.2 (Difficult), ranked #186 of 298 metros. 611 establishments, 12,111 jobs.

Metro Market Score 60.2

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

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

⚡Rising Wages

Evansville's accommodation and food services sector saw employment decline over the past year (growth trend: 3.4). That contraction, combined with a 60.2 market score, puts this metro in the lower half for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration

40.6

LQ: 0.99

Rank #121 of 298 metros

Wage Competitiveness

23.5

$21,572 avg wage

Growth Trend

↓ 3.4

Employment growth index

Rank #289 of 298 metros

Wage Pressure

75.8

YoY wage change index

611 Accommodation and Food Services Firms in Evansville

611

Establishments

-12.0% YoY

12,111

Total Employment

-10.6% YoY

$21,572

Average Annual Wage

+4.8% YoY

0.99

Location Quotient

Below national avg

Within Indiana

#7 of 8

accommodation and food services metros in state

Indiana state rank

#28 of 51

for accommodation and food services entry risk

vs State Median

+1.0

worse than median (59.1)

Evansville vs Indiana Statewide

How this metro's accommodation and food services market compares to Indiana overall. The state ranks #28/51 for entry risk.

Measure	Evansville	IN Statewide
Overall Score	60.2 Difficult	37.9 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#186 of 298 metros	#28 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 Evansville

Real Estate and Rental and Leasing 36.6 Information 36.9 Administrative and Support Services 58.0 Retail Trade 59.8 Other Services 63.6 Construction 66.1 Finance and Insurance 67.2

Accommodation and Food Services in Other Indiana Metros

Muncie 37.9 #42/298 Michigan City-La Porte 40.5 #51/298 Elkhart-Goshen 46.0 #93/298 Columbus 53.8 #148/298 South Bend-Mishawaka 59.1 #177/298 Bloomington 59.9 #183/298 Kokomo 61.9 #206/298

Accommodation and Food Services Metros With Similar Conditions

Metros within 5 points of Evansville's 60.2 score. Useful when comparing markets with comparable entry profiles.

Cape Coral-Fort Myers, FL 60.2 #187/298 Jacksonville, FL 60.2 #188/298 Harrisonburg, VA 60.1 #185/298 Cheyenne, WY 60.3 #189/298 Fayetteville, NC 60.0 #184/298 Hartford-West Hartford-East Hartford, CT 60.4 #190/298 Burlington-South Burlington, VT 60.5 #191/298 Bloomington, IN 59.9 #183/298 Sherman-Denison, TX 60.5 #192/298 Dallas-Fort Worth-Arlington, TX 60.6 #193/298

Accommodation and Food Services in States Bordering Indiana

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

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

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 Evansville's accommodation and food services sector, the employment growth component (96.6) 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 Evansville, IN MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment