NAICS 52

Finance and Insurance in Maine: 2026 Market Risk Report

Entry risk 42.0 (Elevated), ranked #5 of 51 states. 2,430 establishments, 23,242 jobs.

Entry Risk Assessment

Entry Risk Score 42.0
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

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

🛡️Stable Market

Maine exhibits structural stability in finance and insurance, with volatility at 6.6 and firm retention ranking in the top 10. These metrics suggest lower cyclical risk compared to the national baseline.

5-Year Firm Retention
88.2%
Percentile within industry
Rank #7 of 51 states
Growth Momentum
26.0
Scale of 0-100
Rank #29 of 51 states
Establishment Density
31.3
vs. national average
Rank #20 of 51 states
Market Volatility
6.6
Lower is more stable
Wage Pressure Index
73.3
Labor cost pressure

2,430 Establishments in Maine

2,430
Establishments
+1.5% YoY
23,242
Total Employment
-1.4% YoY
$106,194
Average Annual Wage
+6.3% YoY

Maine vs National Finance and Insurance Average

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

Metric ME National Difference
Entry Risk Score 42.0 51.9 -9.9
5-Year Retention 88.2% 51.0% +37.2
Growth Momentum 26.0 34.4 -8.4
Market Volatility 6.6 9.6 -3.0
Establishment Density 31.3 42.5 -11.2
Wage Pressure 73.3 66.8 +6.5

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

Maine Ranks #5 of 51 for Finance and Insurance

Maine ranks #5 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 You 42.0 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 Maine stack up against other states for finance and insurance?

Select a state above to see the comparison

Finance and Insurance in Neighboring States

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

New Hampshire 49.8 #22/51

Other Industries in Maine

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 →