Mining, Quarrying, and Oil and Gas Extraction ·NAICS 212

NAICS 212 · IRS SOI 2023 · Census CBP

Mining (except Oil and Gas) - Industry Benchmarks

$93,689/yr average annual pay, with 196 SBA loans on record for NAICS 212.

17.6%
Mining, Quarrying, and Oil and Gas Extraction sector margin
174K
Workers employed
$93,689/yr
Avg payroll / employee
$175M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 212

West Virginia leads Mining (except Oil and Gas) activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Mining, Quarrying, and Oil and Gas Extraction sector runs a 17.6% net margin.

17.6%
Mining, Quarrying, and Oil and Gas Extraction sector margin (IRS SOI)
174K
Workers employed (Census CBP)
$93,689/yr
Avg payroll / employee
$175M
SBA lending, FY20–26

Benchmarking Insights for Mining (except Oil and Gas)

Mining (except Oil and Gas) sits inside Mining, Quarrying, and Oil and Gas Extraction, a sector that runs a 17.6% net margin overall.

6,121 establishments employ 173,729 workers (28.4/location) at $93,689/yr average annual pay. West Virginia leads employment, followed by Texas and Pennsylvania.

Employment

173,729

Total employees (Census CBP)

Avg Payroll / Employee

$93,689/yr

Annual compensation

Establishments

6,121

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 5,985; establishment count increased by 64. 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)
$16.3B
Avg Employees per Establishment
28.4

Sub-Industries

Industry Profit Margin
Coal Mining

NAICS 2121

-11.8%
Metal Ore Mining

NAICS 2122

9.9%
Nonmetallic Mineral Mining and Quarrying

NAICS 2123

2.0%

Top States by Employment

State Employment
West Virginia 13,762
Texas 10,375
Pennsylvania 8,103
California 6,433
Wyoming 5,921
Utah 5,693
Minnesota 5,105
Virginia 5,021
Indiana 4,847
Illinois 4,622

Showing top 10 of 50 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

196

Total Loan Volume

$175M

Avg Loan Size

$891K

Jobs Supported

2,729

Program Breakdown

7(a) 171 (87%)
504 25 (13%)

Top SBA Lender

Northeast Bank

20 loans in this industry

New Business Share

25.0% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
28
2021
43
2022
33
2023
22
2024
26
2025
42
2026
2

Frequently Asked Questions

How profitable is Mining (except Oil and Gas)?
IRS SOI doesn't publish margin data at the NAICS 212 level. West Virginia leads this industry nationally. The broader Mining, Quarrying, and Oil and Gas Extraction sector runs a 17.6% net margin (IRS SOI 2023).
How many businesses are in Mining (except Oil and Gas)?
6,121 business establishments. Together they employ 173,729 workers.
What is the average payroll per employee in Mining (except Oil and Gas)?
$93,689/yr average annual pay per employee. Businesses average 28.4 employees per establishment.
Which states have the most Mining (except Oil and Gas) employment?
West Virginia leads with 13,762 workers. Texas (10,375) and Pennsylvania (8,103) round out the top three.
How much SBA lending does Mining (except Oil and Gas) receive?
Mining (except Oil and Gas) businesses received 196 SBA loans totaling $175 million between FY2020 and FY2026. The average loan size was $891K. These loans supported 2,729 jobs at origination. Most lending (87%) 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.

Closest workforce scale

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

Benchmarking Mining (except Oil and Gas)

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 212 · 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.