NAICS 62

Healthcare and Social Assistance in Maryland: 2026 Market Risk Report

Entry risk 36.8 (Moderate), ranked #21 of 51 states. 21,536 establishments, 401,057 jobs.

Entry Risk Assessment

Entry Risk Score 36.8
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Moderate

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

The healthcare and social assistance sector in Maryland 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
56.9%
Percentile within industry
Rank #23 of 51 states
Growth Momentum
46.2
Scale of 0-100
Rank #22 of 51 states
Establishment Density
5.2
vs. national average
Rank #17 of 51 states
Market Volatility
37.1
Lower is more stable
Wage Pressure Index
41.5
Labor cost pressure

21,536 Establishments in Maryland

21,536
Establishments
+5.4% YoY
401,057
Total Employment
+5.9% YoY
$68,339
Average Annual Wage
+2.7% YoY

Maryland vs National Healthcare and Social Assistance Average

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

Metric MD National Difference
Entry Risk Score 36.8 40.5 -3.7
5-Year Retention 56.9% 51.0% +5.9
Growth Momentum 46.2 46.8 -0.6
Market Volatility 37.1 27.8 +9.3
Establishment Density 5.2 12.9 -7.7
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.

Maryland Ranks #21 of 51 for Healthcare and Social Assistance

Maryland ranks #21 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
#21 Maryland You 36.8 moderate
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 Maryland 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 Maryland's healthcare and social assistance market compares to bordering states.

District of Columbia 27.9 #5/51 Pennsylvania 29.5 #6/51 Virginia 39.9 #25/51 West Virginia 40.3 #27/51 Delaware 44.8 #33/51

Other Industries in Maryland

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 →