IL

Illinois: 2026 Business Market Risk & Industry Survival

Rank #36 of 51 state markets. 10 industries tracked. Population: 12,812,508.

Illinois ranks #36 out of 51 state markets by average entry risk (46.3). Accommodation and Food Services carries the lowest risk at 39.5 (Moderate), while Other Services is the most challenging at 50.5 (Elevated). The 11.0-point spread signals moderate variation across sectors. Healthcare and Social Assistance is the largest tracked employer with 838,041 jobs.

Illinois: 46.3 Average Entry Risk

295,142
Total Establishments
Across tracked industries
3,668,594
Total Employment
Across tracked industries
46.3
Average Entry Risk
Across all industries

Illinois at a Glance

Best Industries for New Entrants in Illinois

Industries with the lowest entry risk in Illinois.

Entry Risk by Industry in Illinois

Compare market entry conditions across industries in Illinois. Rank indicates position vs. all 50 states.

Illinois Industry Data: 295,142 Establishments

Industry Entry Risk Rank Establishments Employment Avg Wage
Accommodation and Food Services NAICS 72 39.5 #30/51 28,646 504,756 $31,130
Professional, Scientific, and Technical Services NAICS 54 42.6 #33/51 60,564 441,983 $126,277
Healthcare and Social Assistance NAICS 62 43.6 #30/51 37,695 838,041 $64,306
Real Estate and Rental and Leasing NAICS 53 44.3 #33/51 13,943 79,786 $89,068
Finance and Insurance NAICS 52 46.2 #10/51 20,134 297,859 $155,722
Retail Trade NAICS 44-45 48.1 #39/51 35,202 571,407 $41,802
Information NAICS 51 48.5 #38/51 9,550 91,097 $143,190
Construction NAICS 23 49.1 #34/51 32,693 236,852 $90,842
Administrative and Support Services NAICS 56 50.5 #46/51 21,715 401,753 $60,597
Other Services NAICS 81 50.5 #39/51 35,000 205,060 $57,410

Largest Industries in Illinois by Employment

How Illinois Compares to Neighboring States

Average entry risk across all tracked industries. Lower scores indicate better conditions for new businesses.

State Avg Entry Risk vs IL
Illinois 46.3
Wisconsin 33.9 -12.4
Iowa 35.5 -10.8
Indiana 38.4 -7.9
Kentucky 39.4 -6.9
Missouri 47.8 +1.5