NAICS 62

Healthcare and Social Assistance in Pennsylvania: 2026 Market Risk Report

Entry risk 29.5 (Low), ranked #6 of 51 states. 51,953 establishments, 1,114,823 jobs.

Entry Risk Assessment

Entry Risk Score 29.5
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Low Risk

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

🛡️Stable Market

Pennsylvania exhibits structural stability in healthcare and social assistance, with volatility at 27.9 and firm retention ranking in the top 15. These metrics suggest lower cyclical risk compared to the national baseline.

5-Year Firm Retention
74.5%
Percentile within industry
Rank #14 of 51 states
Growth Momentum
43.1
Scale of 0-100
Rank #23 of 51 states
Establishment Density
8.1
vs. national average
Rank #23 of 51 states
Market Volatility
27.9
Lower is more stable
Wage Pressure Index
32.1
Labor cost pressure

51,953 Establishments in Pennsylvania

51,953
Establishments
+0.0% YoY
1,114,823
Total Employment
+4.3% YoY
$64,356
Average Annual Wage
+2.2% YoY

Pennsylvania vs National Healthcare and Social Assistance Average

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

Metric PA National Difference
Entry Risk Score 29.5 40.5 -11.0
5-Year Retention 74.5% 51.0% +23.5
Growth Momentum 43.1 46.8 -3.7
Market Volatility 27.9 27.8 +0.1
Establishment Density 8.1 12.9 -4.8
Wage Pressure 32.1 49.0 -16.9

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

Pennsylvania Ranks #6 of 51 for Healthcare and Social Assistance

Pennsylvania ranks #6 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
#6 Pennsylvania You 29.5 low

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 Pennsylvania 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 Pennsylvania's healthcare and social assistance market compares to bordering states.

Other Industries in Pennsylvania