NAICS 62

Healthcare and Social Assistance in New Jersey: 2026 Market Risk Report

Entry risk 45.1 (Elevated), ranked #34 of 51 states. 57,380 establishments, 656,246 jobs.

Entry Risk Assessment

Entry Risk Score 45.1
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

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

The healthcare and social assistance sector in New Jersey 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
43.1%
Percentile within industry
Rank #30 of 51 states
Growth Momentum
47.5
Scale of 0-100
Rank #21 of 51 states
Establishment Density
20.6
vs. national average
Rank #45 of 51 states
Market Volatility
43.5
Lower is more stable
Wage Pressure Index
41.5
Labor cost pressure

57,380 Establishments in New Jersey

57,380
Establishments
+6.7% YoY
656,246
Total Employment
+4.8% YoY
$68,461
Average Annual Wage
+2.7% YoY

New Jersey vs National Healthcare and Social Assistance Average

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

Metric NJ National Difference
Entry Risk Score 45.1 40.5 +4.6
5-Year Retention 43.1% 51.0% -7.9
Growth Momentum 47.5 46.8 +0.7
Market Volatility 43.5 27.8 +15.7
Establishment Density 20.6 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.

New Jersey Ranks #34 of 51 for Healthcare and Social Assistance

New Jersey ranks #34 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
#34 New Jersey You 45.1 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 New Jersey 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 New Jersey's healthcare and social assistance market compares to bordering states.

Pennsylvania 29.5 #6/51 Delaware 44.8 #33/51 New York 48.2 #39/51

Other Industries in New Jersey

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 →