NAICS 72

Accommodation and Food Services in Monroe, MI

Metro Market Score 43.1 (Moderate), ranked #68 of 298 metros. 264 establishments, 4,278 jobs.

Metro Market Assessment

Metro Market Score 43.1
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

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

Monroe pairs above-average accommodation and food services concentration (69.1) with positive employment growth (trend: 61.7). The market is competitive but still expanding, leaving room for well-positioned new entrants.

Industry Concentration
69.1
LQ: 1.14
Rank #206 of 298 metros
Wage Competitiveness
4.7
$19,908 avg wage
Growth Trend
↑ 61.7
Employment growth index
Rank #115 of 298 metros
Wage Pressure
65.9
YoY wage change index

264 Accommodation and Food Services Firms in Monroe

264
Establishments
-8.3% YoY
4,278
Total Employment
+0.9% YoY
$19,908
Average Annual Wage
+1.9% YoY
1.14
Location Quotient
Above national avg

Monroe 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 Monroe MI Statewide
Overall Score 43.1 Moderate 29.2 Low
Score Type Metro Market Score Entry Risk Score
Rank #68 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 Monroe

Information 15.5 Finance and Insurance 17.3 Real Estate and Rental and Leasing 19.6 Healthcare and Social Assistance 27.3 Construction 45.3 Other Services 52.0 Retail Trade 55.1 Administrative and Support Services 72.5

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 Grand Rapids-Wyoming-Kentwood 35.3 #32/298 Saginaw 37.4 #41/298 Jackson 39.0 #45/298 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 Monroe's accommodation and food services sector, the industry concentration component (69.1) 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.