NAICS 72

Accommodation and Food Services in Kokomo, IN

Metro Market Score 61.9 (Difficult), ranked #206 of 298 metros. 210 establishments, 4,137 jobs.

Metro Market Score 61.9

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

Kokomo scores 61.9 on the Metro Market Score for accommodation and food services, placing it in the lower half. High wage costs, strong existing competition, or slowing growth contribute to tougher entry conditions compared to most metros.

Industry Concentration

84.6

LQ: 1.27

Rank #252 of 298 metros

Wage Competitiveness

5.7

$19,967 avg wage

Growth Trend

↓ 26.5

Employment growth index

Rank #220 of 298 metros

Wage Pressure

86.3

YoY wage change index

210 Accommodation and Food Services Firms in Kokomo

210

Establishments

+4.0% YoY

4,137

Total Employment

-1.1% YoY

$19,967

Average Annual Wage

+7.9% YoY

1.27

Location Quotient

Above national avg

Within Indiana

#8 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

+2.7

worse than median (59.1)

Kokomo 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	Kokomo	IN Statewide
Overall Score	61.9 Difficult	37.9 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#206 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 Kokomo

Real Estate and Rental and Leasing 20.5 Information 27.0 Healthcare and Social Assistance 34.6 Professional, Scientific, and Technical Services 35.5 Administrative and Support Services 43.2 Finance and Insurance 44.3 Retail Trade 48.8 Other Services 52.7 Construction 56.5

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 Evansville 60.2 #186/298

Accommodation and Food Services Metros With Similar Conditions

Metros within 5 points of Kokomo's 61.9 score. Useful when comparing markets with comparable entry profiles.

Goldsboro, NC 61.8 #205/298 Hot Springs, AR 62.0 #207/298 Lexington-Fayette, KY 61.6 #204/298 Miami-Fort Lauderdale-West Palm Beach, FL 61.6 #203/298 Redding, CA 62.2 #208/298 Kennewick-Richland, WA 62.2 #209/298 Lafayette, LA 62.3 #210/298 Austin-Round Rock-San Marcos, TX 62.4 #211/298 Reno, NV 61.3 #202/298 Lakeland-Winter Haven, FL 62.6 #212/298

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 Kokomo's accommodation and food services sector, the employment growth component (73.5) 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 Kokomo, IN MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment