NAICS 72

Accommodation and Food Services in Virginia: 2026 Market Risk Report

Entry risk 33.6 (Moderate), ranked #16 of 51 states. 19,174 establishments, 345,714 jobs.

Entry Risk Assessment

Entry Risk Score 33.6
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Moderate

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

🛡️Stable Market

Virginia exhibits structural stability in accommodation and food services, with volatility at 22.6 and firm retention ranking in the top half. These metrics suggest lower cyclical risk compared to the national baseline.

5-Year Firm Retention
66.7%
Percentile within industry
Rank #18 of 51 states
Growth Momentum
26.3
Scale of 0-100
Rank #38 of 51 states
Establishment Density
12.0
vs. national average
Rank #11 of 51 states
Market Volatility
22.6
Lower is more stable
Wage Pressure Index
34.0
Labor cost pressure

19,174 Establishments in Virginia

19,174
Establishments
+0.1% YoY
345,714
Total Employment
+0.5% YoY
$28,038
Average Annual Wage
+3.7% YoY

Virginia vs National Accommodation and Food Services Average

How Virginia's accommodation and food services market compares to the national average across all 51 states.

Metric VA National Difference
Entry Risk Score 33.6 40.0 -6.4
5-Year Retention 66.7% 51.0% +15.7
Growth Momentum 26.3 41.1 -14.8
Market Volatility 22.6 23.9 -1.3
Establishment Density 12.0 27.0 -15.0
Wage Pressure 34.0 33.4 +0.6

Green = favorable vs national average. Red = less favorable. Metrics are relative within accommodation and food services only.

Virginia Ranks #16 of 51 for Accommodation and Food Services

Virginia ranks #16 out of 51 states for accommodation and food services market entry conditions.

Accommodation and Food Services Entry Risk by State

Rank State Risk Score Classification
#1 Delaware 19.8 low
#2 North Carolina 23.4 low
#3 New Mexico 24.5 low
#4 Idaho 26.2 low
#5 Wisconsin 28.2 low
#16 Virginia You 33.6 moderate
Entry Risk by State Alaska — 31.6 · #14 Alabama — 44.1 · #37 Arkansas — 36.9 · #26 Arizona — 46.9 · #40 California — 57.2 · #47 Colorado — 46.9 · #41 Connecticut — 37.3 · #27 District of Columbia — 81.4 · #51 Delaware — 19.8 · #1 Florida — 53.6 · #44 Georgia — 43.6 · #35 Hawaii — 66.1 · #50 Iowa — 39.0 · #29 Idaho — 26.2 · #4 Illinois — 39.5 · #30 Indiana — 37.9 · #28 Kansas — 34.2 · #18 Kentucky — 36.9 · #25 Louisiana — 43.8 · #36 Massachusetts — 28.4 · #7 Maryland — 31.7 · #15 Maine — 55.0 · #46 Michigan — 29.2 · #10 Minnesota — 34.9 · #19 Missouri — 47.2 · #42 Mississippi — 35.6 · #21 Montana — 46.1 · #39 North Carolina — 23.4 · #2 North Dakota — 29.5 · #12 Nebraska — 41.5 · #31 New Hampshire — 28.8 · #8 New Jersey — 43.3 · #34 New Mexico — 24.5 · #3 Nevada — 64.0 · #49 New York — 58.6 · #48 Ohio — 29.3 · #11 Oklahoma — 35.0 · #20 Oregon — 42.8 · #32 Pennsylvania — 36.8 · #24 Rhode Island — 28.3 · #6 South Carolina — 29.2 · #9 South Dakota — 36.7 · #23 Tennessee — 29.5 · #13 Texas — 46.0 · #38 Utah — 36.5 · #22 Virginia — 33.6 · #16 Vermont — 51.0 · #43 Washington — 42.9 · #33 Wisconsin — 28.2 · #5 West Virginia — 33.7 · #17 Wyoming — 55.0 · #45
Low Moderate Elevated High

Tap a state to view details

About Entry Risk Score: A weighted composite of firm retention, growth momentum, market volatility, establishment density, and wage pressure. Lower scores indicate more favorable conditions. Read full methodology →

Data Sources

Data period: 2024. Last updated: February 2026. Next refresh expected: Q2 2026 (BLS QCEW update).

Compare to Another State

How does Virginia stack up against other states for accommodation and food services?

Select a state above to see the comparison

Accommodation and Food Services in Neighboring States

How Virginia's accommodation and food services market compares to bordering states.

North Carolina 23.4 #2/51 Tennessee 29.5 #13/51 Maryland 31.7 #15/51 West Virginia 33.7 #17/51 Kentucky 36.9 #25/51 District of Columbia 81.4 #51/51

Other Industries in Virginia

Construction → Healthcare and Social Assistance → Retail Trade → Professional, Scientific, and Technical Services → Finance and Insurance → Real Estate and Rental and Leasing → Administrative and Support Services → Information → Other Services →