mewayz Data

Accommodation in Cleveland, OH — margin & metro benchmarks

The accommodation industry's national net profit margin is -13.0% (national, owner-operator basis — no metro-level margin exists in any public source). The Cleveland, OH metro has 259 accommodation establishments.

-13.0%net margin · owner-operator basis
National tax year 2023   Moderate confidence   source ↗
Owner-operator basis (IRS SOI sole proprietorships, TY2023): net income less deficit ÷ business receipts, at NAICS 721 (Accommodation). Sole-proprietor labor is not expensed, so this overstates corporate-style profit. Margin is national only (IRS SOI); never adjusted to look local — see methodology.

Accommodation in the Cleveland, OH metro

Local counts from Census County Business Patterns (2023), metro (CBSA) grain; wage from BLS QCEW 2024 (metro grain). BLS withheld this industry's metro-level wage for disclosure reasons, so it is shown as insufficient data here — the state-level wage is on the state page (never imputed).

MetricValue
Establishments (metro)259Metro 2023 source ↗
Employment (metro)5,651Metro 2023 source ↗
Annual payroll (metro)$200,888,000Metro 2023 source ↗
Average weekly wage (metro)Insufficient data
Multi-year metro trends and metro-to-metro comparison are available to subscribers. This page shows the current national margin plus current metro counts.

Frequently asked

How many accommodation businesses are in the Cleveland, OH metro?
259 establishments (Census County Business Patterns, 2023).
What profit margin do accommodation businesses make?
About -13.0% net margin nationally (owner-operator basis, IRS SOI) — no metro-level margin is published.
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