NAICS 72

Accommodation and Food Services in Olympia-Lacey-Tumwater, WA

Metro Market Score 43.8 (Moderate), ranked #72 of 298 metros. 614 establishments, 9,606 jobs.

Metro Market Assessment

Metro Market Score 43.8
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

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

💰High-Cost Market📈Rapid Growth🌱Emerging Market

Olympia-Lacey-Tumwater ranks in the top quartile for accommodation and food services market conditions, driven by above-average employment growth. With a market score of 43.8, conditions are relatively favorable compared to most metros.

Industry Concentration
12.8
LQ: 0.82
Rank #38 of 298 metros
Wage Competitiveness
80.2
$29,776 avg wage
Growth Trend
77.2
Employment growth index
Rank #69 of 298 metros
Wage Pressure
68.6
YoY wage change index

614 Accommodation and Food Services Firms in Olympia-Lacey-Tumwater

614
Establishments
+5.7% YoY
9,606
Total Employment
+2.1% YoY
$29,776
Average Annual Wage
+2.7% YoY
0.82
Location Quotient
Below national avg

Olympia-Lacey-Tumwater vs Washington Statewide

How this metro's accommodation and food services market compares to Washington overall. The state ranks #33/51 for entry risk.

Measure Olympia-Lacey-Tumwater WA Statewide
Overall Score 43.8 Moderate 42.9 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #72 of 298 metros #33 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 Olympia-Lacey-Tumwater

Accommodation and Food Services in Other Washington 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 Olympia-Lacey-Tumwater's accommodation and food services sector, the wage competitiveness 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.