NAICS 52

Finance and Insurance in Tennessee: 2026 Market Risk Report

Entry risk 53.4 (Elevated), ranked #33 of 51 states. 14,025 establishments, 125,670 jobs.

Entry Risk Assessment

Entry Risk Score 53.4
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

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

The finance and insurance sector in Tennessee 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
35.3%
Percentile within industry
Rank #34 of 51 states
Growth Momentum
38.8
Scale of 0-100
Rank #19 of 51 states
Establishment Density
44.8
vs. national average
Rank #30 of 51 states
Market Volatility
6.5
Lower is more stable
Wage Pressure Index
57.4
Labor cost pressure

14,025 Establishments in Tennessee

14,025
Establishments
+4.6% YoY
125,670
Total Employment
+0.5% YoY
$109,492
Average Annual Wage
+4.7% YoY

Tennessee vs National Finance and Insurance Average

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

Metric TN National Difference
Entry Risk Score 53.4 51.9 +1.5
5-Year Retention 35.3% 51.0% -15.7
Growth Momentum 38.8 34.4 +4.4
Market Volatility 6.5 9.6 -3.1
Establishment Density 44.8 42.5 +2.3
Wage Pressure 57.4 66.8 -9.4

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

Tennessee Ranks #33 of 51 for Finance and Insurance

Tennessee ranks #33 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
#33 Tennessee You 53.4 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 Tennessee stack up against other states for finance and insurance?

Select a state above to see the comparison

Finance and Insurance in Neighboring States

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

Kentucky 40.0 #3/51 Arkansas 44.7 #7/51 North Carolina 48.4 #17/51 Alabama 48.4 #18/51 Virginia 50.8 #26/51 Mississippi 54.5 #36/51 Georgia 56.4 #40/51 Missouri 57.7 #43/51

Other Industries in Tennessee

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 →