Agriculture, Forestry, Fishing and Hunting ·NAICS 114111

NAICS 114111 · IRS SOI 2023 · Census CBP

Finfish Fishing - Industry Benchmarks

$99,463/yr average annual pay, with 60 SBA loans on record for NAICS 114111.

6.8%
Agriculture, Forestry, Fishing and Hunting sector margin
3K
Workers employed
$99,463/yr
Avg payroll / employee
$12M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 114111

North Carolina leads Finfish Fishing activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Agriculture, Forestry, Fishing and Hunting sector runs a 6.8% net margin.

6.8%
Agriculture, Forestry, Fishing and Hunting sector margin (IRS SOI)
3K
Workers employed (Census CBP)
$99,463/yr
Avg payroll / employee
$12M
SBA lending, FY20–26

Benchmarking Insights for Finfish Fishing

Finfish Fishing sits inside Agriculture, Forestry, Fishing and Hunting, a sector that runs a 6.8% net margin overall.

1,436 establishments employ 2,739 workers (1.9/location) at $99,463/yr average annual pay. North Carolina leads employment, followed by Maryland and Connecticut.

Employment

2,739

Total employees (Census CBP)

Avg Payroll / Employee

$99,463/yr

Annual compensation

Establishments

1,436

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 517; establishment count decreased by 112. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

Workforce scale

Financial Detail

Annual Payroll (Total)
$272.4M
Avg Employees per Establishment
1.9

Top States by Employment

State Employment
North Carolina 23
Maryland 8
Connecticut 5
Arizona 1

Showing top 10 of 32 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

60

Total Loan Volume

$12M

Avg Loan Size

$201K

Jobs Supported

278

Program Breakdown

7(a) 54 (90%)
504 6 (10%)

Top SBA Lender

Wells Fargo Bank National Association

5 loans in this industry

New Business Share

31.7% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
10
2021
9
2022
17
2023
7
2024
9
2025
7
2026
1

Frequently Asked Questions

How profitable is Finfish Fishing?
IRS SOI doesn't publish margin data at the NAICS 114111 level. North Carolina leads this industry nationally. The broader Agriculture, Forestry, Fishing and Hunting sector runs a 6.8% net margin (IRS SOI 2023).
How many businesses are in Finfish Fishing?
1,436 business establishments. Together they employ 2,739 workers.
What is the average payroll per employee in Finfish Fishing?
$99,463/yr average annual pay per employee. Businesses average 1.9 employees per establishment.
Which states have the most Finfish Fishing employment?
North Carolina leads with 23 workers. Maryland (8) and Connecticut (5) round out the top three.
How much SBA lending does Finfish Fishing receive?
Finfish Fishing businesses received 60 SBA loans totaling $12 million between FY2020 and FY2026. The average loan size was $201K. These loans supported 278 jobs at origination. Most lending (90%) came through the SBA 7(a) program.

Comparable industry benchmarks

These links are calculated from the current national dataset. They are comparison paths, not recommendations or evidence that businesses operate alike.

How this ranks: Its Census employment total exceeds 3% of that same 801-industry cohort. Calculated by ranking this industry's reported value against every other industry at the same NAICS digit-level, not the whole dataset: comparing a 6-digit detail industry to a 2-digit sector would mix incompatible scales.

Closest workforce scale

Same NAICS detail level, ordered by the smallest difference in reported Census employment.

Benchmarking Finfish Fishing

Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.

Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023

NAICS 114111 · Data year: 2023

According to the U.S. Census Bureau, which released its 2023 County Business Patterns dataset in June 2025, PlainBizBench benchmarks 2,002 U.S. industries against Internal Revenue Service Statistics of Income data. See our methodology for the full compilation process.

Source: U.S. Census Bureau, County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2023

Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates profit-margin, payroll, entity-type, and SBA-lending benchmarks for this industry, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.

Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.