NAICS 72

Accommodation and Food Services in Laredo, TX

Metro Market Score 43.7 (Moderate), ranked #71 of 298 metros. 445 establishments, 10,986 jobs.

Metro Market Assessment

Metro Market Score 43.7
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

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

Rising Wages

Employment in Laredo's accommodation and food services sector grew faster than most metros last year, pushing its growth trend index to 69.1. Combined with a 43.7 market score, this metro sits in the top quartile for overall conditions.

Industry Concentration
64.1
LQ: 1.12
Rank #191 of 298 metros
Wage Competitiveness
17.1
$21,006 avg wage
Growth Trend
69.1
Employment growth index
Rank #93 of 298 metros
Wage Pressure
70.7
YoY wage change index

445 Accommodation and Food Services Firms in Laredo

445
Establishments
+0.5% YoY
10,986
Total Employment
+1.4% YoY
$21,006
Average Annual Wage
+3.3% YoY
1.12
Location Quotient
Above national avg
Within Texas
#4 of 16
accommodation and food services metros in state
Texas state rank
#38 of 51
for accommodation and food services entry risk
vs State Median
-7.7
better than median (51.4)

Laredo vs Texas Statewide

How this metro's accommodation and food services market compares to Texas overall. The state ranks #38/51 for entry risk.

Measure Laredo TX Statewide
Overall Score 43.7 Moderate 46.0 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #71 of 298 metros #38 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 Laredo

Accommodation and Food Services in Other Texas Metros

Accommodation and Food Services Metros With Similar Conditions

Metros within 5 points of Laredo's 43.7 score. Useful when comparing markets with comparable entry profiles.

Accommodation and Food Services in States Bordering Texas

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

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 Laredo's accommodation and food services sector, the industry concentration component (64.1) 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.