NAICS 72

Accommodation and Food Services in New Jersey: 2026 Market Risk Report

Entry risk 43.3 (Elevated), ranked #34 of 51 states. 21,777 establishments, 328,840 jobs.

Entry Risk Assessment

Entry Risk Score 43.3
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

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

The accommodation and food services sector in New Jersey is tracking close to the U.S. baseline, with no extreme signals in volatility, saturation, or wage pressure. Entry conditions are within the national median range.

5-Year Firm Retention
29.4%
Percentile within industry
Rank #37 of 51 states
Growth Momentum
↑ 58.6
Scale of 0-100
Rank #12 of 51 states
Establishment Density
17.5
vs. national average
Rank #23 of 51 states
Market Volatility
38.9
Lower is more stable
Wage Pressure Index
20.0
Labor cost pressure

21,777 Establishments in New Jersey

21,777
Establishments
+1.5% YoY
328,840
Total Employment
+1.2% YoY
$32,301
Average Annual Wage
+3.0% YoY

New Jersey vs National Accommodation and Food Services Average

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

Metric NJ National Difference
Entry Risk Score 43.3 40.0 +3.3
5-Year Retention 29.4% 51.0% -21.6
Growth Momentum 58.6 41.1 +17.5
Market Volatility 38.9 23.9 +15.0
Establishment Density 17.5 27.0 -9.5
Wage Pressure 20.0 33.4 -13.4

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

New Jersey Ranks #34 of 51 for Accommodation and Food Services

New Jersey ranks #34 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
#34 New Jersey You 43.3 elevated
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 New Jersey 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 New Jersey's accommodation and food services market compares to bordering states.

Delaware 19.8 #1/51 Pennsylvania 36.8 #24/51 New York 58.6 #48/51

Other Industries in New Jersey

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 →