NAICS 62

Healthcare and Social Assistance in California: 2026 Market Risk Report

Entry risk 54.6 (Elevated), ranked #49 of 51 states. 791,359 establishments, 2,804,931 jobs.

Entry Risk Assessment

Entry Risk Score 54.6
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

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

📈Growth Opportunity

California ranks top 15 in growth momentum while maintaining relatively low market saturation (bottom 5). This combination signals an underpenetrated market with expanding demand.

5-Year Firm Retention
31.4%
Percentile within industry
Rank #36 of 51 states
Growth Momentum
70.7
Scale of 0-100
Rank #12 of 51 states
Establishment Density
100.0
vs. national average
Rank #51 of 51 states
Market Volatility
15.8
Lower is more stable
Wage Pressure Index
20.8
Labor cost pressure

791,359 Establishments in California

791,359
Establishments
+13.5% YoY
2,804,931
Total Employment
+7.0% YoY
$65,394
Average Annual Wage
+1.6% YoY

California vs National Healthcare and Social Assistance Average

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

Metric CA National Difference
Entry Risk Score 54.6 40.5 +14.1
5-Year Retention 31.4% 51.0% -19.6
Growth Momentum 70.7 46.8 +23.9
Market Volatility 15.8 27.8 -12.0
Establishment Density 100.0 12.9 +87.1
Wage Pressure 20.8 49.0 -28.3

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

California Ranks #49 of 51 for Healthcare and Social Assistance

California ranks #49 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
#49 California You 54.6 elevated

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

Other Industries in California