NAICS 62

Healthcare and Social Assistance in West Virginia: 2026 Market Risk Report

Entry risk 40.3 (Moderate), ranked #27 of 51 states. 10,440 establishments, 134,192 jobs.

Entry Risk Assessment

Entry Risk Score 40.3
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Moderate

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

🛡️Stable Market

West Virginia exhibits structural stability in healthcare and social assistance, with volatility at 25.9 and firm retention ranking in the top half. These metrics suggest lower cyclical risk compared to the national baseline.

5-Year Firm Retention
70.6%
Percentile within industry
Rank #16 of 51 states
Growth Momentum
25.4
Scale of 0-100
Rank #44 of 51 states
Establishment Density
18.6
vs. national average
Rank #40 of 51 states
Market Volatility
25.9
Lower is more stable
Wage Pressure Index
58.5
Labor cost pressure

10,440 Establishments in West Virginia

10,440
Establishments
+8.0% YoY
134,192
Total Employment
+6.1% YoY
$61,059
Average Annual Wage
+3.6% YoY

West Virginia vs National Healthcare and Social Assistance Average

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

Metric WV National Difference
Entry Risk Score 40.3 40.5 -0.2
5-Year Retention 70.6% 51.0% +19.6
Growth Momentum 25.4 46.8 -21.4
Market Volatility 25.9 27.8 -1.9
Establishment Density 18.6 12.9 +5.7
Wage Pressure 58.5 49.0 +9.5

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

West Virginia Ranks #27 of 51 for Healthcare and Social Assistance

West Virginia ranks #27 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
#27 West Virginia You 40.3 moderate

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

Other Industries in West Virginia