NAICS 72

Accommodation and Food Services in Nevada: 2026 Market Risk Report

Entry risk 64.0 (High), ranked #49 of 51 states. 7,636 establishments, 314,414 jobs.

Entry Risk Assessment

Entry Risk Score 64.0
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
High Risk

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

⚡Volatile Market

The accommodation and food services sector in Nevada shows signs of market maturation: momentum index at 21.5 (bottom 10) combined with below-average firm retention (bottom 5). Net establishment formation is likely flat or negative.

5-Year Firm Retention
7.8%
Percentile within industry
Rank #48 of 51 states
Growth Momentum
21.5
Scale of 0-100
Rank #43 of 51 states
Establishment Density
22.6
vs. national average
Rank #27 of 51 states
Market Volatility
45.4
Lower is more stable
Wage Pressure Index
58.0
Labor cost pressure

7,636 Establishments in Nevada

7,636
Establishments
+1.6% YoY
314,414
Total Employment
+3.4% YoY
$42,670
Average Annual Wage
+4.9% YoY

Nevada vs National Accommodation and Food Services Average

How Nevada's accommodation and food services market compares to the national average across all 51 states.

Metric NV National Difference
Entry Risk Score 64.0 40.0 +24.0
5-Year Retention 7.8% 51.0% -43.2
Growth Momentum 21.5 41.1 -19.6
Market Volatility 45.4 23.9 +21.5
Establishment Density 22.6 27.0 -4.4
Wage Pressure 58.0 33.4 +24.6

Green = favorable vs national average. Red = less favorable. Metrics are relative within accommodation and food services only.

Nevada Ranks #49 of 51 for Accommodation and Food Services

Nevada ranks #49 out of 51 states for accommodation and food services market entry conditions.

Accommodation and Food Services Entry Risk by State

Rank State Risk Score Classification
#1 Delaware 19.8 low
#2 North Carolina 23.4 low
#3 New Mexico 24.5 low
#4 Idaho 26.2 low
#5 Wisconsin 28.2 low
#49 Nevada You 64.0 high
Entry Risk by State Alaska — 31.6 · #14 Alabama — 44.1 · #37 Arkansas — 36.9 · #26 Arizona — 46.9 · #40 California — 57.2 · #47 Colorado — 46.9 · #41 Connecticut — 37.3 · #27 District of Columbia — 81.4 · #51 Delaware — 19.8 · #1 Florida — 53.6 · #44 Georgia — 43.6 · #35 Hawaii — 66.1 · #50 Iowa — 39.0 · #29 Idaho — 26.2 · #4 Illinois — 39.5 · #30 Indiana — 37.9 · #28 Kansas — 34.2 · #18 Kentucky — 36.9 · #25 Louisiana — 43.8 · #36 Massachusetts — 28.4 · #7 Maryland — 31.7 · #15 Maine — 55.0 · #46 Michigan — 29.2 · #10 Minnesota — 34.9 · #19 Missouri — 47.2 · #42 Mississippi — 35.6 · #21 Montana — 46.1 · #39 North Carolina — 23.4 · #2 North Dakota — 29.5 · #12 Nebraska — 41.5 · #31 New Hampshire — 28.8 · #8 New Jersey — 43.3 · #34 New Mexico — 24.5 · #3 Nevada — 64.0 · #49 New York — 58.6 · #48 Ohio — 29.3 · #11 Oklahoma — 35.0 · #20 Oregon — 42.8 · #32 Pennsylvania — 36.8 · #24 Rhode Island — 28.3 · #6 South Carolina — 29.2 · #9 South Dakota — 36.7 · #23 Tennessee — 29.5 · #13 Texas — 46.0 · #38 Utah — 36.5 · #22 Virginia — 33.6 · #16 Vermont — 51.0 · #43 Washington — 42.9 · #33 Wisconsin — 28.2 · #5 West Virginia — 33.7 · #17 Wyoming — 55.0 · #45
Low Moderate Elevated High

Tap a state to view details

About Entry Risk Score: A weighted composite of firm retention, growth momentum, market volatility, establishment density, and wage pressure. Lower scores indicate more favorable conditions. Read full methodology →

Data Sources

Data period: 2024. Last updated: February 2026. Next refresh expected: Q2 2026 (BLS QCEW update).

Compare to Another State

How does Nevada stack up against other states for accommodation and food services?

Select a state above to see the comparison

Accommodation and Food Services in Neighboring States

How Nevada's accommodation and food services market compares to bordering states.

Idaho 26.2 #4/51 Utah 36.5 #22/51 Oregon 42.8 #32/51 Arizona 46.9 #40/51 California 57.2 #47/51

Other Industries in Nevada

Construction → Healthcare and Social Assistance → Retail Trade → Professional, Scientific, and Technical Services → Finance and Insurance → Real Estate and Rental and Leasing → Administrative and Support Services → Information → Other Services →