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 Assessment

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

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 →

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

Data period: 2024. Last updated: April 2026.