NAICS 52

Finance and Insurance in Florida: 2026 Market Risk Report

Entry risk 61.9 (High), ranked #46 of 51 states. 45,168 establishments, 455,374 jobs.

Entry Risk Assessment

Entry Risk Score 61.9
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
High Risk

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

📈Growth Opportunity

Despite ranking top 5 in growth momentum, Florida presents structural entry friction. Wage pressure (100.0) and an overall risk score of 61.9 indicate that top-line growth may not translate to favorable unit economics for new establishments.

5-Year Firm Retention
5.9%
Percentile within industry
Rank #49 of 51 states
Growth Momentum
↑ 95.4
Scale of 0-100
Rank #2 of 51 states
Establishment Density
48.5
vs. national average
Rank #33 of 51 states
Market Volatility
4.3
Lower is more stable
Wage Pressure Index
100.0
Labor cost pressure

45,168 Establishments in Florida

45,168
Establishments
+0.4% YoY
455,374
Total Employment
-0.1% YoY
$127,428
Average Annual Wage
+9.0% YoY

Florida vs National Finance and Insurance Average

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

Metric FL National Difference
Entry Risk Score 61.9 51.9 +10.0
5-Year Retention 5.9% 51.0% -45.1
Growth Momentum 95.4 34.4 +61.0
Market Volatility 4.3 9.6 -5.3
Establishment Density 48.5 42.5 +6.0
Wage Pressure 100.0 66.8 +33.2

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

Florida Ranks #46 of 51 for Finance and Insurance

Florida ranks #46 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
#46 Florida You 61.9 high
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 Florida stack up against other states for finance and insurance?

Select a state above to see the comparison

Finance and Insurance in Neighboring States

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

Alabama 48.4 #18/51 Georgia 56.4 #40/51

Other Industries in Florida

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 →