NAICS 52

Finance and Insurance in Texas: 2026 Market Risk Report

Entry risk 50.4 (Elevated), ranked #25 of 51 states. 48,624 establishments, 650,125 jobs.

Entry Risk Assessment

Entry Risk Score 50.4
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

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

Despite ranking top 10 in growth momentum, Texas presents structural entry friction. Wage pressure (50.5) and an overall risk score of 50.4 indicate that top-line growth may not translate to favorable unit economics for new establishments.

5-Year Firm Retention
11.8%
Percentile within industry
Rank #46 of 51 states
Growth Momentum
↑ 63.0
Scale of 0-100
Rank #6 of 51 states
Establishment Density
25.0
vs. national average
Rank #16 of 51 states
Market Volatility
1.7
Lower is more stable
Wage Pressure Index
50.5
Labor cost pressure

48,624 Establishments in Texas

48,624
Establishments
+1.2% YoY
650,125
Total Employment
+3.5% YoY
$119,659
Average Annual Wage
+4.0% YoY

Texas vs National Finance and Insurance Average

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

Metric TX National Difference
Entry Risk Score 50.4 51.9 -1.5
5-Year Retention 11.8% 51.0% -39.2
Growth Momentum 63.0 34.4 +28.6
Market Volatility 1.7 9.6 -7.9
Establishment Density 25.0 42.5 -17.5
Wage Pressure 50.5 66.8 -16.3

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

Texas Ranks #25 of 51 for Finance and Insurance

Texas ranks #25 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
#25 Texas You 50.4 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 Texas stack up against other states for finance and insurance?

Select a state above to see the comparison

Finance and Insurance in Neighboring States

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

Louisiana 42.0 #6/51 Arkansas 44.7 #7/51 New Mexico 53.1 #31/51 Oklahoma 64.9 #48/51

Other Industries in Texas

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 →