NAICS 62

Healthcare and Social Assistance in Florida: 2026 Market Risk Report

Entry risk 47.2 (Elevated), ranked #37 of 51 states. 92,214 establishments, 1,321,104 jobs.

Entry Risk Assessment

Entry Risk Score 47.2
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

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

5-Year Firm Retention
7.8%
Percentile within industry
Rank #48 of 51 states
Growth Momentum
84.6
Scale of 0-100
Rank #5 of 51 states
Establishment Density
9.7
vs. national average
Rank #31 of 51 states
Market Volatility
16.8
Lower is more stable
Wage Pressure Index
54.7
Labor cost pressure

92,214 Establishments in Florida

92,214
Establishments
+4.2% YoY
1,321,104
Total Employment
+3.8% YoY
$67,942
Average Annual Wage
+3.4% YoY

Florida vs National Healthcare and Social Assistance Average

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

Metric FL National Difference
Entry Risk Score 47.2 40.5 +6.7
5-Year Retention 7.8% 51.0% -43.2
Growth Momentum 84.6 46.8 +37.8
Market Volatility 16.8 27.8 -11.0
Establishment Density 9.7 12.9 -3.2
Wage Pressure 54.7 49.0 +5.7

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

Florida Ranks #37 of 51 for Healthcare and Social Assistance

Florida ranks #37 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
#37 Florida You 47.2 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 Florida 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 Florida's healthcare and social assistance market compares to bordering states.

Other Industries in Florida