NAICS 62

Healthcare and Social Assistance in Massachusetts: 2026 Market Risk Report

Entry risk 48.4 (Elevated), ranked #40 of 51 states. 70,466 establishments, 648,228 jobs.

Entry Risk Assessment

Entry Risk Score 48.4
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

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

Labor cost dynamics in Massachusetts healthcare and social assistance are elevated, with wage pressure at 64.2. This contributes to the state's overall entry risk ranking of #40 out of 51.

5-Year Firm Retention
62.8%
Percentile within industry
Rank #20 of 51 states
Growth Momentum
30.6
Scale of 0-100
Rank #38 of 51 states
Establishment Density
42.7
vs. national average
Rank #49 of 51 states
Market Volatility
33.7
Lower is more stable
Wage Pressure Index
64.2
Labor cost pressure

70,466 Establishments in Massachusetts

70,466
Establishments
-6.2% YoY
648,228
Total Employment
+1.9% YoY
$73,043
Average Annual Wage
+3.9% YoY

Massachusetts vs National Healthcare and Social Assistance Average

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

Metric MA National Difference
Entry Risk Score 48.4 40.5 +7.9
5-Year Retention 62.8% 51.0% +11.8
Growth Momentum 30.6 46.8 -16.1
Market Volatility 33.7 27.8 +5.9
Establishment Density 42.7 12.9 +29.8
Wage Pressure 64.2 49.0 +15.2

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

Massachusetts Ranks #40 of 51 for Healthcare and Social Assistance

Massachusetts ranks #40 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
#40 Massachusetts You 48.4 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 Massachusetts 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 Massachusetts's healthcare and social assistance market compares to bordering states.

Connecticut 30.9 #8/51 Rhode Island 36.0 #17/51 New Hampshire 36.6 #19/51 Vermont 36.7 #20/51 New York 48.2 #39/51

Other Industries in Massachusetts

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 →