NAICS 72

Accommodation and Food Services in Cedar Rapids, IA

Metro Market Score 34.4 (Favorable), ranked #28 of 298 metros. 610 establishments, 10,306 jobs.

Metro Market Assessment

Metro Market Score 34.4
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

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

🌱Emerging Market

Cedar Rapids has a relatively low concentration of accommodation and food services firms (index: 11.7) paired with positive employment growth. This suggests an underpenetrated market where demand may outpace current supply.

Industry Concentration
11.7
LQ: 0.82
Rank #35 of 298 metros
Wage Competitiveness
21.5
$21,372 avg wage
Growth Trend
↑ 59.4
Employment growth index
Rank #122 of 298 metros
Wage Pressure
69.6
YoY wage change index

610 Accommodation and Food Services Firms in Cedar Rapids

610
Establishments
+0.3% YoY
10,306
Total Employment
+0.8% YoY
$21,372
Average Annual Wage
+3.0% YoY
0.82
Location Quotient
Below national avg

Cedar Rapids vs Iowa Statewide

How this metro's accommodation and food services market compares to Iowa overall. The state ranks #29/51 for entry risk.

Measure Cedar Rapids IA Statewide
Overall Score 34.4 Favorable 39.0 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #28 of 298 metros #29 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 Cedar Rapids

Real Estate and Rental and Leasing 26.2 Retail Trade 45.2 Construction 49.8 Other Services 57.9 Information 70.9 Finance and Insurance 75.8

Accommodation and Food Services in Other Iowa Metros

Dubuque 24.7 #5/298 Ames 26.3 #7/298 Waterloo-Cedar Falls 32.7 #22/298 Des Moines-West Des Moines 33.8 #25/298 Sioux City 42.9 #65/298 Iowa City 44.5 #80/298 Davenport-Moline-Rock Island 57.3 #167/298

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 Cedar Rapids's accommodation and food services sector, the wage pressure component (69.6) 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

Data period: 2024. Last updated: April 2026.