NAICS 72

Accommodation and Food Services in Springfield, OH

Metro Market Score 32.4 (Favorable), ranked #21 of 298 metros. 248 establishments, 4,629 jobs.

Metro Market Score 32.4

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Favorable

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

📈Rapid Growth⚡Rising Wages

Employment in Springfield's accommodation and food services sector grew faster than most metros last year, pushing its growth trend index to 94.0. Combined with a 32.4 market score, this metro sits in the top 10% for overall conditions.

Industry Concentration

56.0

LQ: 1.08

Rank #167 of 298 metros

Wage Competitiveness

8.1

$20,213 avg wage

Growth Trend

↑ 94.0

Employment growth index

Rank #19 of 298 metros

Wage Pressure

73.0

YoY wage change index

248 Accommodation and Food Services Firms in Springfield

248

Establishments

+8.8% YoY

4,629

Total Employment

+5.2% YoY

$20,213

Average Annual Wage

+4.0% YoY

1.08

Location Quotient

Above national avg

Within Ohio

#1 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

-16.2

better than median (48.6)

Springfield 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	Springfield	OH Statewide
Overall Score	32.4 Favorable	29.3 Low
Score Type	Metro Market Score	Entry Risk Score
Rank	#21 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 Springfield

Professional, Scientific, and Technical Services 24.6 Construction 28.4 Real Estate and Rental and Leasing 36.0 Information 47.9 Retail Trade 48.5 Healthcare and Social Assistance 52.6 Finance and Insurance 56.8 Other Services 61.5 Administrative and Support Services 66.6

Accommodation and Food Services in Other Ohio Metros

Lima 35.3 #31/298 Akron 43.9 #75/298 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 Springfield's 32.4 score. Useful when comparing markets with comparable entry profiles.

Williamsport, PA 32.3 #20/298 Waterloo-Cedar Falls, IA 32.7 #22/298 Dalton, GA 32.8 #23/298 Mankato, MN 32.8 #24/298 Appleton, WI 32.0 #19/298 McAllen-Edinburg-Mission, TX 32.0 #18/298 Racine-Mount Pleasant, WI 31.7 #17/298 Des Moines-West Des Moines, IA 33.8 #25/298 Reading, PA 34.0 #26/298 Hickory-Lenoir-Morganton, NC 30.8 #16/298

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 Springfield's accommodation and food services sector, the wage pressure component (73.0) 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 Springfield, OH MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment