NAICS 62

Healthcare and Social Assistance in Alabama: 2026 Market Risk Report

Entry risk 43.6 (Elevated), ranked #31 of 51 states. 20,646 establishments, 231,581 jobs.

Entry Risk Assessment

Entry Risk Score 43.6
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

ⓘ Lower is better. Relative to national healthcare and social assistance average.

Alabama's healthcare and social assistance market shows elevated cyclicality, with a volatility index of 100.0. Employment and establishment counts have historically shown larger year-over-year variance than the national average.

5-Year Firm Retention
68.6%
Percentile within industry
Rank #17 of 51 states
Growth Momentum
26.7
Scale of 0-100
Rank #42 of 51 states
Establishment Density
8.8
vs. national average
Rank #27 of 51 states
Market Volatility
100.0
Lower is more stable
Wage Pressure Index
41.5
Labor cost pressure

20,646 Establishments in Alabama

20,646
Establishments
+2.4% YoY
231,581
Total Employment
+1.9% YoY
$59,973
Average Annual Wage
+2.7% YoY

Alabama vs National Healthcare and Social Assistance Average

How Alabama's healthcare and social assistance market compares to the national average across all 51 states.

Metric AL National Difference
Entry Risk Score 43.6 40.5 +3.1
5-Year Retention 68.6% 51.0% +17.6
Growth Momentum 26.7 46.8 -20.1
Market Volatility 100.0 27.8 +72.2
Establishment Density 8.8 12.9 -4.2
Wage Pressure 41.5 49.0 -7.5

Green = favorable vs national average. Red = less favorable. Metrics are relative within healthcare and social assistance only.

Alabama Ranks #31 of 51 for Healthcare and Social Assistance

Alabama ranks #31 out of 51 states for healthcare and social assistance market entry conditions.

Healthcare and Social Assistance Entry Risk by State

Rank State Risk Score Classification
#1 Utah 22.9 low
#2 Nebraska 23.7 low
#3 North Dakota 26.2 low
#4 Iowa 26.7 low
#5 District of Columbia 27.9 low
#31 Alabama You 43.6 elevated
Entry Risk by State Alaska — 50.3 · #44 Alabama — 43.6 · #31 Arkansas — 39.5 · #24 Arizona — 44.1 · #32 California — 54.6 · #49 Colorado — 46.7 · #35 Connecticut — 30.9 · #8 District of Columbia — 27.9 · #5 Delaware — 44.8 · #33 Florida — 47.2 · #37 Georgia — 43.3 · #28 Hawaii — 50.2 · #43 Iowa — 26.7 · #4 Idaho — 29.8 · #7 Illinois — 43.6 · #30 Indiana — 31.2 · #10 Kansas — 34.0 · #15 Kentucky — 54.4 · #48 Louisiana — 34.6 · #16 Massachusetts — 48.4 · #40 Maryland — 36.8 · #21 Maine — 49.9 · #42 Michigan — 52.5 · #46 Minnesota — 31.0 · #9 Missouri — 55.6 · #51 Mississippi — 38.3 · #23 Montana — 33.0 · #13 North Carolina — 33.0 · #14 North Dakota — 26.2 · #3 Nebraska — 23.7 · #2 New Hampshire — 36.6 · #19 New Jersey — 45.1 · #34 New Mexico — 53.1 · #47 Nevada — 37.2 · #22 New York — 48.2 · #39 Ohio — 40.2 · #26 Oklahoma — 49.7 · #41 Oregon — 55.6 · #50 Pennsylvania — 29.5 · #6 Rhode Island — 36.0 · #17 South Carolina — 31.5 · #12 South Dakota — 31.4 · #11 Tennessee — 47.4 · #38 Texas — 46.8 · #36 Utah — 22.9 · #1 Virginia — 39.9 · #25 Vermont — 36.7 · #20 Washington — 52.3 · #45 Wisconsin — 43.4 · #29 West Virginia — 40.3 · #27 Wyoming — 36.4 · #18
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 Alabama stack up against other states for healthcare and social assistance?

Select a state above to see the comparison

Healthcare and Social Assistance in Neighboring States

How Alabama's healthcare and social assistance market compares to bordering states.

Mississippi 38.3 #23/51 Georgia 43.3 #28/51 Florida 47.2 #37/51 Tennessee 47.4 #38/51

Other Industries in Alabama

Construction → Retail Trade → Accommodation and Food Services → Professional, Scientific, and Technical Services → Finance and Insurance → Real Estate and Rental and Leasing → Administrative and Support Services → Information → Other Services →