NAICS 62

Healthcare and Social Assistance in Illinois: 2026 Market Risk Report

Entry risk 43.6 (Elevated), ranked #30 of 51 states. 37,695 establishments, 838,041 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.

High Barrier to Entry

The healthcare and social assistance sector in Illinois 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
37.3%
Percentile within industry
Rank #33 of 51 states
Growth Momentum
43.0
Scale of 0-100
Rank #24 of 51 states
Establishment Density
2.1
vs. national average
Rank #3 of 51 states
Market Volatility
13.0
Lower is more stable
Wage Pressure Index
56.6
Labor cost pressure

37,695 Establishments in Illinois

37,695
Establishments
+4.7% YoY
838,041
Total Employment
+3.3% YoY
$64,306
Average Annual Wage
+3.5% YoY

Illinois vs National Healthcare and Social Assistance Average

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

Metric IL National Difference
Entry Risk Score 43.6 40.5 +3.1
5-Year Retention 37.3% 51.0% -13.8
Growth Momentum 43.0 46.8 -3.8
Market Volatility 13.0 27.8 -14.8
Establishment Density 2.1 12.9 -10.8
Wage Pressure 56.6 49.0 +7.6

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

Illinois Ranks #30 of 51 for Healthcare and Social Assistance

Illinois ranks #30 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
#30 Illinois You 43.6 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 Illinois 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 Illinois's healthcare and social assistance market compares to bordering states.

Other Industries in Illinois