NAICS 52

Finance and Insurance in Alabama: 2026 Market Risk Report

Entry risk 48.4 (Elevated), ranked #18 of 51 states. 9,807 establishments, 75,088 jobs.

Entry Risk Assessment

Entry Risk Score 48.4
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

ⓘ Lower is better. Relative to national finance and insurance average.

The finance and insurance sector in Alabama is tracking close to the U.S. baseline, with no extreme signals in volatility, saturation, or wage pressure. Entry conditions are within the national median range.

5-Year Firm Retention
51.0%
Percentile within industry
Rank #26 of 51 states
Growth Momentum
20.6
Scale of 0-100
Rank #34 of 51 states
Establishment Density
40.5
vs. national average
Rank #27 of 51 states
Market Volatility
1.2
Lower is more stable
Wage Pressure Index
46.5
Labor cost pressure

9,807 Establishments in Alabama

9,807
Establishments
+2.4% YoY
75,088
Total Employment
+0.3% YoY
$96,846
Average Annual Wage
+3.6% YoY

Alabama vs National Finance and Insurance Average

How Alabama's finance and insurance market compares to the national average across all 51 states.

Metric AL National Difference
Entry Risk Score 48.4 51.9 -3.5
5-Year Retention 51.0% 51.0% -0.0
Growth Momentum 20.6 34.4 -13.8
Market Volatility 1.2 9.6 -8.4
Establishment Density 40.5 42.5 -2.0
Wage Pressure 46.5 66.8 -20.3

Green = favorable vs national average. Red = less favorable. Metrics are relative within finance and insurance only.

Alabama Ranks #18 of 51 for Finance and Insurance

Alabama ranks #18 out of 51 states for finance and insurance market entry conditions.

Finance and Insurance Entry Risk by State

Rank State Risk Score Classification
#1 Hawaii 37.0 moderate
#2 West Virginia 39.8 moderate
#3 Kentucky 40.0 moderate
#4 Rhode Island 41.9 moderate
#5 Maine 42.0 elevated
#18 Alabama You 48.4 elevated
Entry Risk by State Alaska — 49.7 · #21 Alabama — 48.4 · #18 Arkansas — 44.7 · #7 Arizona — 52.6 · #29 California — 46.9 · #12 Colorado — 67.3 · #50 Connecticut — 73.7 · #51 District of Columbia — 47.9 · #13 Delaware — 57.7 · #44 Florida — 61.9 · #46 Georgia — 56.4 · #40 Hawaii — 37.0 · #1 Iowa — 54.3 · #35 Idaho — 56.2 · #39 Illinois — 46.2 · #10 Indiana — 45.4 · #9 Kansas — 57.0 · #42 Kentucky — 40.0 · #3 Louisiana — 42.0 · #6 Massachusetts — 48.2 · #15 Maryland — 52.6 · #30 Maine — 42.0 · #5 Michigan — 49.8 · #23 Minnesota — 46.6 · #11 Missouri — 57.7 · #43 Mississippi — 54.5 · #36 Montana — 59.0 · #45 North Carolina — 48.4 · #17 North Dakota — 52.1 · #28 Nebraska — 49.4 · #20 New Hampshire — 49.8 · #22 New Jersey — 53.2 · #32 New Mexico — 53.1 · #31 Nevada — 55.6 · #38 New York — 65.4 · #49 Ohio — 48.2 · #14 Oklahoma — 64.9 · #48 Oregon — 56.7 · #41 Pennsylvania — 48.8 · #19 Rhode Island — 41.9 · #4 South Carolina — 48.4 · #16 South Dakota — 50.1 · #24 Tennessee — 53.4 · #33 Texas — 50.4 · #25 Utah — 51.9 · #27 Virginia — 50.8 · #26 Vermont — 53.6 · #34 Washington — 55.5 · #37 Wisconsin — 45.3 · #8 West Virginia — 39.8 · #2 Wyoming — 62.0 · #47
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 Alabama stack up against other states for finance and insurance?

Select a state above to see the comparison

Finance and Insurance in Neighboring States

How Alabama's finance and insurance market compares to bordering states.

Tennessee 53.4 #33/51 Mississippi 54.5 #36/51 Georgia 56.4 #40/51 Florida 61.9 #46/51

Other Industries in Alabama

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