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 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

Within Iowa

#5 of 8

accommodation and food services metros in state

Iowa state rank

#29 of 51

for accommodation and food services entry risk

vs State Median

0.0

matches median (34.4)

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

Accommodation and Food Services Metros With Similar Conditions

Metros within 5 points of Cedar Rapids's 34.4 score. Useful when comparing markets with comparable entry profiles.

Provo-Orem-Lehi, UT 34.4 #27/298 Janesville-Beloit, WI 34.6 #29/298 Lansing-East Lansing, MI 34.6 #30/298 Reading, PA 34.0 #26/298 Des Moines-West Des Moines, IA 33.8 #25/298 Lima, OH 35.3 #31/298 Grand Rapids-Wyoming-Kentwood, MI 35.3 #32/298 Fargo, ND 35.3 #33/298 Kankakee, IL 35.5 #34/298 Hagerstown-Martinsburg, MD 35.8 #35/298

Accommodation and Food Services in States Bordering Iowa

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

Wisconsin 28.2 #5/51 Minnesota 34.9 #19/51 South Dakota 36.7 #23/51 Illinois 39.5 #30/51 Nebraska 41.5 #31/51 Missouri 47.2 #42/51

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 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Cedar Rapids, IA MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment