NAICS 44-45

Retail Trade in Nevada: 2026 Market Risk Report

Entry risk 37.0 (Moderate), ranked #3 of 51 states. 8,374 establishments, 147,970 jobs.

Best retail trade metro in Nevada
Las Vegas-Henderson-North Las Vegas 60.4 #257/378 nationwide · 5,973 firms

Entry Risk Assessment

Entry Risk Score 37.0
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Moderate

ⓘ Lower is better. Relative to national retail trade average.

Nevada's retail trade sector shows high establishment density (top 5 nationally) paired with firm retention in the bottom 5. This combination indicates elevated competitive pressure on new market entrants.

5-Year Firm Retention
7.8%
Percentile within industry
Rank #48 of 51 states
Growth Momentum
↑ 94.3
Scale of 0-100
Rank #2 of 51 states
Establishment Density
13.2
vs. national average
Rank #3 of 51 states
Market Volatility
27.4
Lower is more stable
Wage Pressure Index
38.7
Labor cost pressure

8,374 Establishments in Nevada

8,374
Establishments
+0.2% YoY
147,970
Total Employment
-0.9% YoY
$42,833
Average Annual Wage
+3.1% YoY

Retail Trade in Nevada Metro Areas

2 metro areas with retail trade data in Nevada. Lower Metro Market Score = more favorable conditions.

Las Vegas-Henderson-North Las Vegas 60.4 #257/378 · 5,973 firms Carson City 72.9 #354/378 · 194 firms

Nevada vs National Retail Trade Average

How Nevada's retail trade market compares to the national average across all 51 states.

Metric NV National Difference
Entry Risk Score 37.0 44.6 -7.6
5-Year Retention 7.8% 51.0% -43.2
Growth Momentum 94.3 42.9 +51.4
Market Volatility 27.4 24.4 +3.0
Establishment Density 13.2 49.0 -35.8
Wage Pressure 38.7 30.5 +8.2

Green = favorable vs national average. Red = less favorable. Metrics are relative within retail trade only.

Nevada Ranks #3 of 51 for Retail Trade

Nevada ranks #3 out of 51 states for retail trade market entry conditions.

Retail Trade Entry Risk by State

Rank State Risk Score Classification
#1 Wisconsin 33.3 moderate
#2 Nebraska 35.9 moderate
#3 Nevada You 37.0 moderate
#4 Massachusetts 37.1 moderate
#5 Alaska 37.2 moderate
Entry Risk by State Alaska — 37.2 · #5 Alabama — 46.4 · #36 Arkansas — 51.8 · #44 Arizona — 44.9 · #32 California — 44.0 · #28 Colorado — 42.9 · #23 Connecticut — 44.7 · #31 District of Columbia — 58.0 · #50 Delaware — 41.8 · #19 Florida — 51.0 · #43 Georgia — 47.5 · #38 Hawaii — 56.1 · #48 Iowa — 40.8 · #16 Idaho — 40.1 · #12 Illinois — 48.1 · #39 Indiana — 39.8 · #10 Kansas — 40.4 · #14 Kentucky — 46.4 · #36 Louisiana — 52.3 · #46 Massachusetts — 37.1 · #4 Maryland — 43.6 · #26 Maine — 44.1 · #29 Michigan — 40.5 · #15 Minnesota — 39.6 · #9 Missouri — 50.6 · #42 Mississippi — 59.2 · #51 Montana — 45.8 · #34 North Carolina — 43.4 · #25 North Dakota — 49.9 · #41 Nebraska — 35.9 · #2 New Hampshire — 48.7 · #40 New Jersey — 43.7 · #27 New Mexico — 39.9 · #11 Nevada — 37.0 · #3 New York — 57.2 · #49 Ohio — 39.2 · #8 Oklahoma — 46.3 · #35 Oregon — 42.9 · #24 Pennsylvania — 38.1 · #6 Rhode Island — 42.3 · #21 South Carolina — 44.3 · #30 South Dakota — 38.9 · #7 Tennessee — 42.8 · #22 Texas — 41.6 · #17 Utah — 40.3 · #13 Virginia — 41.6 · #17 Vermont — 52.1 · #45 Washington — 42.0 · #20 Wisconsin — 33.3 · #1 West Virginia — 52.8 · #47 Wyoming — 44.9 · #33
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 Nevada stack up against other states for retail trade?

Select a state above to see the comparison

Retail Trade in Neighboring States

How Nevada's retail trade market compares to bordering states.

Idaho 40.1 #12/51 Utah 40.3 #13/51 Oregon 42.9 #24/51 California 44.0 #28/51 Arizona 44.9 #32/51

Other Industries in Nevada

Construction → Healthcare and Social Assistance → 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 →