NAICS 62

Healthcare and Social Assistance in Virginia: 2026 Market Risk Report

Entry risk 39.9 (Moderate), ranked #25 of 51 states. 52,106 establishments, 498,470 jobs.

Entry Risk Assessment

Entry Risk Score 39.9
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Moderate

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

📈Growth Opportunity💎Hidden Gem

The healthcare and social assistance sector in Virginia 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
51.0%
Percentile within industry
Rank #26 of 51 states
Growth Momentum
↑ 56.6
Scale of 0-100
Rank #16 of 51 states
Establishment Density
19.8
vs. national average
Rank #42 of 51 states
Market Volatility
19.1
Lower is more stable
Wage Pressure Index
54.7
Labor cost pressure

52,106 Establishments in Virginia

52,106
Establishments
+0.9% YoY
498,470
Total Employment
+4.7% YoY
$66,168
Average Annual Wage
+3.4% YoY

Virginia vs National Healthcare and Social Assistance Average

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

Metric VA National Difference
Entry Risk Score 39.9 40.5 -0.6
5-Year Retention 51.0% 51.0% -0.0
Growth Momentum 56.6 46.8 +9.8
Market Volatility 19.1 27.8 -8.7
Establishment Density 19.8 12.9 +6.9
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.

Virginia Ranks #25 of 51 for Healthcare and Social Assistance

Virginia ranks #25 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
#25 Virginia You 39.9 moderate
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 Virginia 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 Virginia's healthcare and social assistance market compares to bordering states.

District of Columbia 27.9 #5/51 North Carolina 33.0 #14/51 Maryland 36.8 #21/51 West Virginia 40.3 #27/51 Tennessee 47.4 #38/51 Kentucky 54.4 #48/51

Other Industries in Virginia

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 →