NAICS 62

Healthcare and Social Assistance in Utah: 2026 Market Risk Report

Entry risk 22.9 (Low), ranked #1 of 51 states. 13,740 establishments, 185,503 jobs.

Entry Risk Assessment

Entry Risk Score 22.9
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Low Risk

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

📈Growth Opportunity

Utah presents favorable entry conditions for healthcare and social assistance: low overall risk (22.9), limited market saturation (bottom half), and firm retention in the top 15. The combination is uncommon across the national dataset.

5-Year Firm Retention
80.4%
Percentile within industry
Rank #11 of 51 states
Growth Momentum
↑ 89.4
Scale of 0-100
Rank #2 of 51 states
Establishment Density
9.3
vs. national average
Rank #29 of 51 states
Market Volatility
35.3
Lower is more stable
Wage Pressure Index
56.6
Labor cost pressure

13,740 Establishments in Utah

13,740
Establishments
+6.1% YoY
185,503
Total Employment
+3.6% YoY
$57,617
Average Annual Wage
+3.5% YoY

Utah vs National Healthcare and Social Assistance Average

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

Metric UT National Difference
Entry Risk Score 22.9 40.5 -17.6
5-Year Retention 80.4% 51.0% +29.4
Growth Momentum 89.4 46.8 +42.6
Market Volatility 35.3 27.8 +7.5
Establishment Density 9.3 12.9 -3.6
Wage Pressure 56.6 49.0 +7.6

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

Utah Ranks #1 of 51 for Healthcare and Social Assistance

Utah ranks #1 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 You 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
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 Utah 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 Utah's healthcare and social assistance market compares to bordering states.

Idaho 29.8 #7/51 Wyoming 36.4 #18/51 Nevada 37.2 #22/51 Arizona 44.1 #32/51 Colorado 46.7 #35/51 New Mexico 53.1 #47/51

Other Industries in Utah

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 →