NAICS 72

Accommodation and Food Services in Cleveland, TN

Metro Market Score 45.0 (Moderate), ranked #83 of 298 metros. 253 establishments, 4,704 jobs.

Metro Market Assessment

Metro Market Score 45.0
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

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

📈Rapid Growth⚡Rising Wages

Cleveland ranks in the upper half for accommodation and food services market conditions, driven by above-average employment growth. With a market score of 45.0, conditions are relatively favorable compared to most metros.

Industry Concentration
74.5
LQ: 1.19
Rank #222 of 298 metros
Wage Competitiveness
14.4
$20,808 avg wage
Growth Trend
↑ 79.5
Employment growth index
Rank #62 of 298 metros
Wage Pressure
83.3
YoY wage change index

253 Accommodation and Food Services Firms in Cleveland

253
Establishments
+5.9% YoY
4,704
Total Employment
+2.3% YoY
$20,808
Average Annual Wage
+7.0% YoY
1.19
Location Quotient
Above national avg

Cleveland vs Tennessee Statewide

How this metro's accommodation and food services market compares to Tennessee overall. The state ranks #13/51 for entry risk.

Measure Cleveland TN Statewide
Overall Score 45.0 Moderate 29.5 Low
Score Type Metro Market Score Entry Risk Score
Rank #83 of 298 metros #13 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 Cleveland

Real Estate and Rental and Leasing 15.9 Information 20.5 Finance and Insurance 32.1 Retail Trade 47.2 Professional, Scientific, and Technical Services 47.7 Other Services 52.3 Construction 57.5 Administrative and Support Services 60.4

Accommodation and Food Services in Other Tennessee Metros

Morristown 58.6 #173/298

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 Cleveland's accommodation and food services sector, the industry concentration component (74.5) 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.