NAICS 72

Accommodation and Food Services in Cheyenne, WY

Metro Market Score 60.3 (Difficult), ranked #189 of 298 metros. 248 establishments, 4,649 jobs.

Metro Market Score 60.3

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

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

Market conditions for accommodation and food services in Cheyenne are tougher than average. The 60.3 market score reflects a combination of moderate wages, slowing employment, and moderate competition. Rank: #189 of 298 metros.

Industry Concentration

52.0

LQ: 1.06

Rank #155 of 298 metros

Wage Competitiveness

46.6

$24,274 avg wage

Growth Trend

↓ 27.9

Employment growth index

Rank #216 of 298 metros

Wage Pressure

70.0

YoY wage change index

248 Accommodation and Food Services Firms in Cheyenne

248

Establishments

+1.6% YoY

4,649

Total Employment

-1.0% YoY

$24,274

Average Annual Wage

+3.1% YoY

1.06

Location Quotient

Above national avg

Within Wyoming

#2 of 2

accommodation and food services metros in state

Wyoming state rank

#45 of 51

for accommodation and food services entry risk

vs State Median

0.0

matches median (60.3)

Cheyenne vs Wyoming Statewide

How this metro's accommodation and food services market compares to Wyoming overall. The state ranks #45/51 for entry risk.

Measure	Cheyenne	WY Statewide
Overall Score	60.3 Difficult	55.0 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#189 of 298 metros	#45 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 Cheyenne

Healthcare and Social Assistance 27.6 Administrative and Support Services 32.8 Real Estate and Rental and Leasing 38.6 Construction 43.5 Professional, Scientific, and Technical Services 44.3 Other Services 51.8 Retail Trade 57.1 Information 68.2 Finance and Insurance 70.1

Accommodation and Food Services in Other Wyoming Metros

Casper 49.4 #113/298

Accommodation and Food Services Metros With Similar Conditions

Metros within 5 points of Cheyenne's 60.3 score. Useful when comparing markets with comparable entry profiles.

Hartford-West Hartford-East Hartford, CT 60.4 #190/298 Cape Coral-Fort Myers, FL 60.2 #187/298 Jacksonville, FL 60.2 #188/298 Evansville, IN 60.2 #186/298 Burlington-South Burlington, VT 60.5 #191/298 Sherman-Denison, TX 60.5 #192/298 Harrisonburg, VA 60.1 #185/298 Dallas-Fort Worth-Arlington, TX 60.6 #193/298 Punta Gorda, FL 60.6 #194/298 Fayetteville, NC 60.0 #184/298

Accommodation and Food Services in States Bordering Wyoming

State-level entry risk for accommodation and food services in adjacent states. Use this to weigh cross-border options.

Idaho 26.2 #4/51 Utah 36.5 #22/51 South Dakota 36.7 #23/51 Nebraska 41.5 #31/51 Montana 46.1 #39/51 Colorado 46.9 #41/51

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 Cheyenne's accommodation and food services sector, the employment growth component (72.2) 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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Cheyenne, WY MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment