NAICS 72

Accommodation and Food Services in Akron, OH

Metro Market Score 43.9 (Moderate), ranked #75 of 298 metros. 1,622 establishments, 27,941 jobs.

Metro Market Score 43.9

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Moderate

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

Akron's accommodation and food services market sits near the national metro median, ranking #75 of 298 with a market score of 43.9. No single metric stands out as an outlier, which means entry conditions depend more on your specific business model than on broad market forces.

Industry Concentration

37.3

LQ: 0.97

Rank #111 of 298 metros

Wage Competitiveness

27.2

$22,010 avg wage

Growth Trend

53.0

Employment growth index

Rank #141 of 298 metros

Wage Pressure

68.6

YoY wage change index

1,622 Accommodation and Food Services Firms in Akron

1,622

Establishments

+0.5% YoY

27,941

Total Employment

+0.3% YoY

$22,010

Average Annual Wage

+2.7% YoY

0.97

Location Quotient

Below national avg

Within Ohio

#3 of 11

accommodation and food services metros in state

Ohio state rank

#11 of 51

for accommodation and food services entry risk

vs State Median

-4.7

better than median (48.6)

Akron vs Ohio Statewide

How this metro's accommodation and food services market compares to Ohio overall. The state ranks #11/51 for entry risk.

Measure	Akron	OH Statewide
Overall Score	43.9 Moderate	29.3 Low
Score Type	Metro Market Score	Entry Risk Score
Rank	#75 of 298 metros	#11 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 Akron

Other Services 35.4 Healthcare and Social Assistance 46.4 Construction 49.8 Administrative and Support Services 52.1 Real Estate and Rental and Leasing 52.8 Professional, Scientific, and Technical Services 55.3 Retail Trade 56.7 Information 60.9 Finance and Insurance 67.2

Accommodation and Food Services in Other Ohio Metros

Springfield 32.4 #21/298 Lima 35.3 #31/298 Toledo 45.0 #85/298 Canton-Massillon 45.3 #88/298 Cleveland 48.6 #107/298 Dayton-Kettering-Beavercreek 49.0 #109/298 Mansfield 49.9 #114/298 Columbus 51.1 #123/298 Sandusky 65.3 #227/298 Youngstown-Warren 65.7 #230/298

Accommodation and Food Services Metros With Similar Conditions

Metros within 5 points of Akron's 43.9 score. Useful when comparing markets with comparable entry profiles.

Salem, OR 43.9 #74/298 Birmingham, AL 43.8 #73/298 Olympia-Lacey-Tumwater, WA 43.8 #72/298 Laredo, TX 43.7 #71/298 Salt Lake City-Murray, UT 44.2 #76/298 Beckley, WV 44.4 #77/298 Greeley, CO 44.4 #78/298 Lancaster, PA 43.4 #70/298 York-Hanover, PA 44.5 #79/298 Twin Falls, ID 43.4 #69/298

Accommodation and Food Services in States Bordering Ohio

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

Michigan 29.2 #10/51 West Virginia 33.7 #17/51 Pennsylvania 36.8 #24/51 Kentucky 36.9 #25/51 Indiana 37.9 #28/51

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 Akron's accommodation and food services sector, the employment growth component (47.0) 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 Akron, OH MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment