NAICS 72

Accommodation and Food Services in Lynchburg, VA

Metro Market Score 52.7 (Challenging), ranked #134 of 298 metros. 509 establishments, 9,557 jobs.

Metro Market Assessment

Metro Market Score 52.7
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

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

Lynchburg's accommodation and food services market sits near the national metro median, ranking #134 of 298 with a market score of 52.7. No single metric stands out as an outlier, which means entry conditions depend more on your specific business model than on broad market forces.

Industry Concentration
58.4
LQ: 1.09
Rank #174 of 298 metros
Wage Competitiveness
22.1
$21,489 avg wage
Growth Trend
35.6
Employment growth index
Rank #193 of 298 metros
Wage Pressure
66.2
YoY wage change index

509 Accommodation and Food Services Firms in Lynchburg

509
Establishments
+0.0% YoY
9,557
Total Employment
-0.4% YoY
$21,489
Average Annual Wage
+2.0% YoY
1.09
Location Quotient
Above national avg

Lynchburg vs Virginia Statewide

How this metro's accommodation and food services market compares to Virginia overall. The state ranks #16/51 for entry risk.

Measure Lynchburg VA Statewide
Overall Score 52.7 Challenging 33.6 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #134 of 298 metros #16 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 Lynchburg

Accommodation and Food Services in Other Virginia Metros

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 Lynchburg's accommodation and food services sector, the employment growth component (64.4) 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.