NAICS 54

Professional, Scientific, and Technical Services in Indiana: 2026 Market Risk Report

Entry risk 56.7 (High), ranked #50 of 51 states. 26,710 establishments, 149,119 jobs.

Entry Risk Assessment

Entry Risk Score 56.7
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
High Risk

ⓘ Lower is better. Relative to national professional, scientific, and technical services average.

⛔High Barrier to Entry

Labor cost dynamics in Indiana professional, scientific, and technical services are elevated, with wage pressure at 100.0. This contributes to the state's overall entry risk ranking of #50 out of 51.

5-Year Firm Retention
49.0%
Percentile within industry
Rank #27 of 51 states
Growth Momentum
30.8
Scale of 0-100
Rank #26 of 51 states
Establishment Density
0.6
vs. national average
Rank #3 of 51 states
Market Volatility
15.7
Lower is more stable
Wage Pressure Index
100.0
Labor cost pressure

26,710 Establishments in Indiana

26,710
Establishments
+3.2% YoY
149,119
Total Employment
+1.1% YoY
$97,941
Average Annual Wage
+12.2% YoY

Indiana vs National Professional, Scientific, and Technical Services Average

How Indiana's professional, scientific, and technical services market compares to the national average across all 51 states.

Metric IN National Difference
Entry Risk Score 56.7 40.5 +16.2
5-Year Retention 49.0% 51.0% -2.0
Growth Momentum 30.8 37.2 -6.4
Market Volatility 15.7 21.8 -6.1
Establishment Density 0.6 12.6 -12.0
Wage Pressure 100.0 34.0 +66.0

Green = favorable vs national average. Red = less favorable. Metrics are relative within professional, scientific, and technical services only.

Indiana Ranks #50 of 51 for Professional, Scientific, and Technical Services

Indiana ranks #50 out of 51 states for professional, scientific, and technical services market entry conditions.

Professional, Scientific, and Technical Services Entry Risk by State

Rank State Risk Score Classification
#1 Alabama 29.4 low
#2 Iowa 31.1 moderate
#3 Nebraska 31.6 moderate
#4 South Dakota 32.9 moderate
#5 Mississippi 33.4 moderate
#50 Indiana You 56.7 high
Entry Risk by State Alaska — 38.0 · #21 Alabama — 29.4 · #1 Arkansas — 37.3 · #18 Arizona — 41.2 · #28 California — 51.2 · #48 Colorado — 46.4 · #46 Connecticut — 45.1 · #41 District of Columbia — 44.8 · #40 Delaware — 38.9 · #24 Florida — 38.2 · #22 Georgia — 43.5 · #38 Hawaii — 33.8 · #7 Iowa — 31.1 · #2 Idaho — 34.9 · #11 Illinois — 42.6 · #33 Indiana — 56.7 · #50 Kansas — 44.7 · #39 Kentucky — 35.7 · #14 Louisiana — 36.4 · #15 Massachusetts — 41.5 · #29 Maryland — 38.4 · #23 Maine — 40.2 · #26 Michigan — 41.2 · #27 Minnesota — 49.2 · #47 Missouri — 45.5 · #45 Mississippi — 33.4 · #5 Montana — 43.4 · #37 North Carolina — 37.8 · #20 North Dakota — 34.8 · #10 Nebraska — 31.6 · #3 New Hampshire — 37.5 · #19 New Jersey — 45.4 · #44 New Mexico — 59.3 · #51 Nevada — 42.6 · #34 New York — 52.4 · #49 Ohio — 36.9 · #17 Oklahoma — 45.4 · #43 Oregon — 45.2 · #42 Pennsylvania — 33.7 · #6 Rhode Island — 35.3 · #13 South Carolina — 34.7 · #9 South Dakota — 32.9 · #4 Tennessee — 39.4 · #25 Texas — 42.2 · #30 Utah — 42.2 · #31 Virginia — 42.3 · #32 Vermont — 43.0 · #35 Washington — 43.3 · #36 Wisconsin — 35.0 · #12 West Virginia — 34.4 · #8 Wyoming — 36.5 · #16
Low Moderate Elevated High

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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 Indiana stack up against other states for professional, scientific, and technical services?

Select a state above to see the comparison

Professional, Scientific, and Technical Services in Neighboring States

How Indiana's professional, scientific, and technical services market compares to bordering states.

Kentucky 35.7 #14/51 Ohio 36.9 #17/51 Michigan 41.2 #27/51 Illinois 42.6 #33/51

Other Industries in Indiana

Construction → Healthcare and Social Assistance → Retail Trade → Accommodation and Food Services → Finance and Insurance → Real Estate and Rental and Leasing → Administrative and Support Services → Information → Other Services →