NAICS 72

Accommodation and Food Services in Springfield, MA

Metro Market Score 65.4 (Difficult), ranked #228 of 298 metros. 815 establishments, 15,958 jobs.

Metro Market Assessment

Metro Market Score 65.4
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

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

Springfield's accommodation and food services sector saw employment decline over the past year (growth trend: 1.0). That contraction, combined with a 65.4 market score, puts this metro in the bottom quartile for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration
21.5
LQ: 0.87
Rank #64 of 298 metros
Wage Competitiveness
69.8
$27,982 avg wage
Growth Trend
1.0
Employment growth index
Rank #296 of 298 metros
Wage Pressure
64.5
YoY wage change index

815 Accommodation and Food Services Firms in Springfield

815
Establishments
-32.4% YoY
15,958
Total Employment
-26.0% YoY
$27,982
Average Annual Wage
+1.5% YoY
0.87
Location Quotient
Below national avg
Within Massachusetts
#3 of 6
accommodation and food services metros in state
Massachusetts state rank
#7 of 51
for accommodation and food services entry risk
vs State Median
-0.8
better than median (66.2)

Springfield vs Massachusetts Statewide

How this metro's accommodation and food services market compares to Massachusetts overall. The state ranks #7/51 for entry risk.

Measure Springfield MA Statewide
Overall Score 65.4 Difficult 28.4 Low
Score Type Metro Market Score Entry Risk Score
Rank #228 of 298 metros #7 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 Springfield

Accommodation and Food Services in Other Massachusetts Metros

Accommodation and Food Services Metros With Similar Conditions

Metros within 5 points of Springfield's 65.4 score. Useful when comparing markets with comparable entry profiles.

Accommodation and Food Services in States Bordering Massachusetts

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

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 Springfield's accommodation and food services sector, the employment growth component (99.0) 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.