Agriculture, Forestry, Fishing and Hunting ·NAICS 115116

NAICS 115116 · IRS SOI 2023 · Census CBP

Farm Management Services - Industry Benchmarks

$76,687/yr average annual pay, with 71 SBA loans on record for NAICS 115116.

6.8%
Agriculture, Forestry, Fishing and Hunting sector margin
4K
Workers employed
$76,687/yr
Avg payroll / employee
$27M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 115116

California leads Farm Management Services 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)
4K
Workers employed (Census CBP)
$76,687/yr
Avg payroll / employee
$27M
SBA lending, FY20–26

Benchmarking Insights for Farm Management Services

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

684 establishments employ 4,250 workers (6.2/location) at $76,687/yr average annual pay. California leads employment, followed by Florida and Texas.

Employment

4,250

Total employees (Census CBP)

Avg Payroll / Employee

$76,687/yr

Annual compensation

Establishments

684

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 928; establishment count decreased by 54. 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)
$325.9M
Avg Employees per Establishment
6.2

Top States by Employment

State Employment
California 1,355
Florida 375
Texas 162
Missouri 22
Idaho 16
Kentucky 14
Mississippi 8
Nevada 3

Showing top 10 of 37 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

71

Total Loan Volume

$27M

Avg Loan Size

$374K

Jobs Supported

1,213

Program Breakdown

7(a) 66 (93%)
504 5 (7%)

Top SBA Lender

Wells Fargo Bank National Association

6 loans in this industry

New Business Share

33.8% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
11
2021
9
2022
9
2023
11
2024
16
2025
14
2026
1

Frequently Asked Questions

How profitable is Farm Management Services?
IRS SOI doesn't publish margin data at the NAICS 115116 level. California 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 Farm Management Services?
684 business establishments. Together they employ 4,250 workers.
What is the average payroll per employee in Farm Management Services?
$76,687/yr average annual pay per employee. Businesses average 6.2 employees per establishment.
Which states have the most Farm Management Services employment?
California leads with 1,355 workers. Florida (375) and Texas (162) round out the top three.
How much SBA lending does Farm Management Services receive?
Farm Management Services businesses received 71 SBA loans totaling $27 million between FY2020 and FY2026. The average loan size was $374K. These loans supported 1,213 jobs at origination. Most lending (93%) 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 6% 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 Farm Management Services

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 115116 · 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.