The status of federally managed fisheries in the United States is well monitored, but the condition of other marine fisheries, whether state‐managed, territory‐managed or unmanaged, is less understood and often unknown. We used expert surveys to characterize the management systems of non‐federally managed fisheries in US coastal marine states and overseas territories. For 311 fisheries, we estimated an overall Fisheries Management Index (FMI) and a qualitative stock status score. These measures were positively correlated, and while a wide range of research, management, enforcement and socioeconomic criteria were partially met (FMI ≥ 0.5) for 66% of fisheries, stock status was considered as partially acceptable (score ≥ 0.5) for only 45% of fisheries and acceptable (score = 1) for only 16% of fisheries. Higher FMI was typically observed in fisheries with greater commercial landed weight, value, or greater recreational catches. Fisheries from continental states had higher FMI than those from overseas territories. Invertebrates and diadromous fish species had higher FMI on average compared to those of marine fishes. Extrapolating results for surveyed fisheries to nearly 2000 non‐federally managed US fisheries while stratifying by state and importance designation (based on commercial, recreational, cultural or ecological importance), we estimate a mean overall FMI of 0.48, and estimate that only 19% of fisheries have a reliable estimate of stock status available; both measures are lower than similar estimates for federally managed fisheries. Funding or capacity constraints and information or data limitations were identified as common challenges faced by state agencies in managing fisheries under their jurisdiction.