NAICS 52

Finance and Insurance in Pennsylvania: 2026 Market Risk Report

Entry risk 48.8 (Elevated), ranked #19 of 51 states. 20,540 establishments, 271,952 jobs.

Entry Risk Assessment

Entry Risk Score 48.8
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

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

⛔High Barrier to Entry

The finance and insurance sector in Pennsylvania 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
52.9%
Percentile within industry
Rank #25 of 51 states
Growth Momentum
28.4
Scale of 0-100
Rank #27 of 51 states
Establishment Density
20.2
vs. national average
Rank #10 of 51 states
Market Volatility
3.0
Lower is more stable
Wage Pressure Index
68.3
Labor cost pressure

20,540 Establishments in Pennsylvania

20,540
Establishments
+0.7% YoY
271,952
Total Employment
+0.1% YoY
$125,212
Average Annual Wage
+5.8% YoY

Pennsylvania vs National Finance and Insurance Average

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

Metric PA National Difference
Entry Risk Score 48.8 51.9 -3.1
5-Year Retention 52.9% 51.0% +1.9
Growth Momentum 28.4 34.4 -5.9
Market Volatility 3.0 9.6 -6.5
Establishment Density 20.2 42.5 -22.3
Wage Pressure 68.3 66.8 +1.5

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

Pennsylvania Ranks #19 of 51 for Finance and Insurance

Pennsylvania ranks #19 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
#19 Pennsylvania You 48.8 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 Pennsylvania stack up against other states for finance and insurance?

Select a state above to see the comparison

Finance and Insurance in Neighboring States

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

West Virginia 39.8 #2/51 Ohio 48.2 #14/51 Maryland 52.6 #30/51 New Jersey 53.2 #32/51 Delaware 57.7 #44/51 New York 65.4 #49/51

Other Industries in Pennsylvania

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 →