NAICS 72

Accommodation and Food Services in Greensboro-High Point, NC

Metro Market Score 49.3 (Challenging), ranked #111 of 298 metros. 1,772 establishments, 33,095 jobs.

Metro Market Score 49.3

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Challenging

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

⚡Rising Wages

At #111 of 298 metros, Greensboro-High Point's accommodation and food services sector scores 49.3 on the market index. Concentration (47.6), wage levels (40.3), and growth (57.0) all track close to the median. Local factors like lease costs and client access will matter more than macro signals.

Industry Concentration

47.6

LQ: 1.02

Rank #142 of 298 metros

Wage Competitiveness

40.3

$23,568 avg wage

Growth Trend

↑ 57.0

Employment growth index

Rank #129 of 298 metros

Wage Pressure

72.0

YoY wage change index

1,772 Accommodation and Food Services Firms in Greensboro-High Point

1,772

Establishments

+0.0% YoY

33,095

Total Employment

+0.6% YoY

$23,568

Average Annual Wage

+3.7% YoY

1.02

Location Quotient

Above national avg

Within North Carolina

#5 of 14

accommodation and food services metros in state

North Carolina state rank

#2 of 51

for accommodation and food services entry risk

vs State Median

-4.2

better than median (53.4)

Greensboro-High Point vs North Carolina Statewide

How this metro's accommodation and food services market compares to North Carolina overall. The state ranks #2/51 for entry risk.

Measure	Greensboro-High Point	NC Statewide
Overall Score	49.3 Challenging	23.4 Low
Score Type	Metro Market Score	Entry Risk Score
Rank	#111 of 298 metros	#2 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 Greensboro-High Point

Healthcare and Social Assistance 41.1 Construction 43.0 Administrative and Support Services 47.7 Information 49.0 Professional, Scientific, and Technical Services 49.9 Other Services 50.8 Retail Trade 56.3 Real Estate and Rental and Leasing 58.0 Finance and Insurance 72.1

Accommodation and Food Services in Other North Carolina Metros

Hickory-Lenoir-Morganton 30.8 #16/298 Durham-Chapel Hill 40.0 #49/298 Raleigh-Cary 42.8 #64/298 Burlington 45.6 #92/298 Wilmington 50.4 #117/298 Rocky Mount 52.0 #131/298 Winston-Salem 53.4 #142/298 Greenville 54.0 #149/298 Jacksonville 59.4 #179/298 Fayetteville 60.0 #184/298

+ 3 more metros. View all in North Carolina →

Accommodation and Food Services Metros With Similar Conditions

Metros within 5 points of Greensboro-High Point's 49.3 score. Useful when comparing markets with comparable entry profiles.

Niles, MI 49.4 #112/298 Casper, WY 49.4 #113/298 Erie, PA 49.0 #110/298 Dayton-Kettering-Beavercreek, OH 49.0 #109/298 Brownsville-Harlingen, TX 48.8 #108/298 Cleveland, OH 48.6 #107/298 Beaumont-Port Arthur, TX 48.6 #106/298 Mansfield, OH 49.9 #114/298 Boise City, ID 50.1 #115/298 Albany-Schenectady-Troy, NY 48.4 #105/298

Accommodation and Food Services in States Bordering North Carolina

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

South Carolina 29.2 #9/51 Tennessee 29.5 #13/51 Virginia 33.6 #16/51 Georgia 43.6 #35/51

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 Greensboro-High Point's accommodation and food services sector, the wage pressure component (72.0) 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Greensboro-High Point, NC MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment