NAICS 52

Finance and Insurance in Nevada: 2026 Market Risk Report

Entry risk 55.6 (High), ranked #38 of 51 states. 5,037 establishments, 43,813 jobs.

Entry Risk Assessment

Entry Risk Score 55.6
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
High Risk

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

⛔High Barrier to Entry

Despite ranking top 5 in growth momentum, Nevada presents structural entry friction. Wage pressure (84.2) and an overall risk score of 55.6 indicate that top-line growth may not translate to favorable unit economics for new establishments.

5-Year Firm Retention
2.0%
Percentile within industry
Rank #51 of 51 states
Growth Momentum
↑ 100.0
Scale of 0-100
Rank #1 of 51 states
Establishment Density
22.5
vs. national average
Rank #14 of 51 states
Market Volatility
17.9
Lower is more stable
Wage Pressure Index
84.2
Labor cost pressure

5,037 Establishments in Nevada

5,037
Establishments
+0.2% YoY
43,813
Total Employment
+2.6% YoY
$106,621
Average Annual Wage
+7.4% YoY

Nevada vs National Finance and Insurance Average

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

Metric NV National Difference
Entry Risk Score 55.6 51.9 +3.7
5-Year Retention 2.0% 51.0% -49.0
Growth Momentum 100.0 34.4 +65.6
Market Volatility 17.9 9.6 +8.3
Establishment Density 22.5 42.5 -20.0
Wage Pressure 84.2 66.8 +17.4

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

Nevada Ranks #38 of 51 for Finance and Insurance

Nevada ranks #38 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
#38 Nevada You 55.6 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 Nevada stack up against other states for finance and insurance?

Select a state above to see the comparison

Finance and Insurance in Neighboring States

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

California 46.9 #12/51 Utah 51.9 #27/51 Arizona 52.6 #29/51 Idaho 56.2 #39/51 Oregon 56.7 #41/51

Other Industries in Nevada

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 →