NAICS 72

Accommodation and Food Services in Salt Lake City-Murray, UT

Metro Market Score 44.2 (Moderate), ranked #76 of 298 metros. 2,917 establishments, 58,997 jobs.

Metro Market Assessment

Metro Market Score 44.2
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🌱Emerging Market

Few accommodation and food services firms have established themselves in Salt Lake City-Murray yet. The concentration index of 6.0 is well below the metro median, while employment growth is positive (trend: 62.1). That combination points to a market still building out.

Industry Concentration
6.0
LQ: 0.79
Rank #18 of 298 metros
Wage Competitiveness
68.8
$27,895 avg wage
Growth Trend
↑ 62.1
Employment growth index
Rank #114 of 298 metros
Wage Pressure
70.7
YoY wage change index

2,917 Accommodation and Food Services Firms in Salt Lake City-Murray

2,917
Establishments
+4.2% YoY
58,997
Total Employment
+0.9% YoY
$27,895
Average Annual Wage
+3.3% YoY
0.79
Location Quotient
Below national avg

Salt Lake City-Murray vs Utah Statewide

How this metro's accommodation and food services market compares to Utah overall. The state ranks #22/51 for entry risk.

Measure Salt Lake City-Murray UT Statewide
Overall Score 44.2 Moderate 36.5 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #76 of 298 metros #22 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 Salt Lake City-Murray

Healthcare and Social Assistance 41.2 Other Services 52.2 Real Estate and Rental and Leasing 56.7 Construction 61.4 Finance and Insurance 61.8 Retail Trade 62.5 Information 67.8 Professional, Scientific, and Technical Services 69.4 Administrative and Support Services 72.8

Accommodation and Food Services in Other Utah Metros

Logan 24.5 #4/298 Provo-Orem-Lehi 34.4 #27/298 St. George 50.6 #118/298 Ogden 51.5 #129/298

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 Salt Lake City-Murray's accommodation and food services sector, the wage competitiveness component (68.8) 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.