NAICS 52

Finance and Insurance in Rhode Island: 2026 Market Risk Report

Entry risk 41.9 (Moderate), ranked #4 of 51 states. 2,352 establishments, 25,110 jobs.

Entry Risk Assessment

Entry Risk Score 41.9
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Moderate

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

🛡️Stable Market

Rhode Island exhibits structural stability in finance and insurance, with volatility at 28.8 and firm retention ranking in the top 10. These metrics suggest lower cyclical risk compared to the national baseline.

5-Year Firm Retention
84.3%
Percentile within industry
Rank #9 of 51 states
Growth Momentum
48.6
Scale of 0-100
Rank #13 of 51 states
Establishment Density
51.0
vs. national average
Rank #36 of 51 states
Market Volatility
28.8
Lower is more stable
Wage Pressure Index
65.3
Labor cost pressure

2,352 Establishments in Rhode Island

2,352
Establishments
+1.9% YoY
25,110
Total Employment
-0.8% YoY
$114,122
Average Annual Wage
+5.5% YoY

Rhode Island vs National Finance and Insurance Average

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

Metric RI National Difference
Entry Risk Score 41.9 51.9 -10.0
5-Year Retention 84.3% 51.0% +33.3
Growth Momentum 48.6 34.4 +14.2
Market Volatility 28.8 9.6 +19.2
Establishment Density 51.0 42.5 +8.5
Wage Pressure 65.3 66.8 -1.5

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

Rhode Island Ranks #4 of 51 for Finance and Insurance

Rhode Island ranks #4 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 You 41.9 moderate
#5 Maine 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 Rhode Island stack up against other states for finance and insurance?

Select a state above to see the comparison

Finance and Insurance in Neighboring States

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

Massachusetts 48.2 #15/51 Connecticut 73.7 #51/51

Other Industries in Rhode Island

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 →