NAICS 62

Healthcare and Social Assistance in Tennessee: 2026 Market Risk Report

Entry risk 47.4 (Elevated), ranked #38 of 51 states. 24,295 establishments, 420,698 jobs.

Entry Risk Assessment

Entry Risk Score 47.4
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 Tennessee 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
25.5%
Percentile within industry
Rank #39 of 51 states
Growth Momentum
↑ 50.7
Scale of 0-100
Rank #20 of 51 states
Establishment Density
5.3
vs. national average
Rank #19 of 51 states
Market Volatility
22.0
Lower is more stable
Wage Pressure Index
54.7
Labor cost pressure

24,295 Establishments in Tennessee

24,295
Establishments
+5.1% YoY
420,698
Total Employment
+4.0% YoY
$68,477
Average Annual Wage
+3.4% YoY

Tennessee vs National Healthcare and Social Assistance Average

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

Metric TN National Difference
Entry Risk Score 47.4 40.5 +6.9
5-Year Retention 25.5% 51.0% -25.5
Growth Momentum 50.7 46.8 +3.9
Market Volatility 22.0 27.8 -5.8
Establishment Density 5.3 12.9 -7.6
Wage Pressure 54.7 49.0 +5.7

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

Tennessee Ranks #38 of 51 for Healthcare and Social Assistance

Tennessee ranks #38 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
#38 Tennessee You 47.4 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 Tennessee 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 Tennessee's healthcare and social assistance market compares to bordering states.

North Carolina 33.0 #14/51 Mississippi 38.3 #23/51 Arkansas 39.5 #24/51 Virginia 39.9 #25/51 Georgia 43.3 #28/51 Alabama 43.6 #31/51 Kentucky 54.4 #48/51 Missouri 55.6 #51/51

Other Industries in Tennessee

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 →