NAICS 72

Accommodation and Food Services in Sherman-Denison, TX

Metro Market Score 60.5 (Difficult), ranked #192 of 298 metros. 251 establishments, 5,164 jobs.

Metro Market Assessment

Metro Market Score 60.5
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

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

Sherman-Denison's accommodation and food services sector saw employment decline over the past year (growth trend: 19.8). That contraction, combined with a 60.5 market score, puts this metro in the lower half for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration
60.4
LQ: 1.09
Rank #180 of 298 metros
Wage Competitiveness
32.2
$22,659 avg wage
Growth Trend
19.8
Employment growth index
Rank #240 of 298 metros
Wage Pressure
66.5
YoY wage change index

251 Accommodation and Food Services Firms in Sherman-Denison

251
Establishments
+1.2% YoY
5,164
Total Employment
-1.9% YoY
$22,659
Average Annual Wage
+2.1% YoY
1.09
Location Quotient
Above national avg
Within Texas
#13 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
+9.1
worse than median (51.4)

Sherman-Denison 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 Sherman-Denison TX Statewide
Overall Score 60.5 Difficult 46.0 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #192 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 Sherman-Denison

Accommodation and Food Services in Other Texas Metros

Accommodation and Food Services Metros With Similar Conditions

Metros within 5 points of Sherman-Denison's 60.5 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 Sherman-Denison's accommodation and food services sector, the employment growth component (80.2) 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.