NAICS 72

Accommodation and Food Services in Grand Rapids-Wyoming-Kentwood, MI

Metro Market Score 35.3 (Moderate), ranked #32 of 298 metros. 2,024 establishments, 46,357 jobs.

Metro Market Assessment

Metro Market Score 35.3
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

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

📈Rapid Growth🌱Emerging Market

Grand Rapids-Wyoming-Kentwood ranks in the top quartile for accommodation and food services market conditions, driven by above-average employment growth. With a market score of 35.3, conditions are relatively favorable compared to most metros.

Industry Concentration
18.1
LQ: 0.86
Rank #54 of 298 metros
Wage Competitiveness
53.4
$25,161 avg wage
Growth Trend
↑ 86.6
Employment growth index
Rank #41 of 298 metros
Wage Pressure
67.2
YoY wage change index

2,024 Accommodation and Food Services Firms in Grand Rapids-Wyoming-Kentwood

2,024
Establishments
+0.3% YoY
46,357
Total Employment
+3.5% YoY
$25,161
Average Annual Wage
+2.3% YoY
0.86
Location Quotient
Below national avg

Grand Rapids-Wyoming-Kentwood vs Michigan Statewide

How this metro's accommodation and food services market compares to Michigan overall. The state ranks #10/51 for entry risk.

Measure Grand Rapids-Wyoming-Kentwood MI Statewide
Overall Score 35.3 Moderate 29.2 Low
Score Type Metro Market Score Entry Risk Score
Rank #32 of 298 metros #10 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 Grand Rapids-Wyoming-Kentwood

Real Estate and Rental and Leasing 30.2 Retail Trade 37.1 Healthcare and Social Assistance 40.7 Finance and Insurance 47.8 Information 48.9 Other Services 52.8

Accommodation and Food Services in Other Michigan Metros

Midland 25.8 #6/298 Battle Creek 28.1 #11/298 Lansing-East Lansing 34.6 #30/298 Saginaw 37.4 #41/298 Jackson 39.0 #45/298 Monroe 43.1 #68/298 Detroit-Warren-Dearborn 47.8 #101/298 Niles 49.4 #112/298 Flint 51.5 #126/298 Ann Arbor 59.3 #178/298

+ 3 more metros. View all in Michigan →

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 Grand Rapids-Wyoming-Kentwood's accommodation and food services sector, the wage pressure component (67.2) 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.