Mining, Quarrying, and Oil and Gas Extraction ·NAICS 21211

NAICS 21211 · IRS SOI 2023 · Census CBP

Coal Mining - Industry Benchmarks

$106,318/yr average annual pay, with 4 SBA loans on record for NAICS 21211.

17.6%
Mining, Quarrying, and Oil and Gas Extraction sector margin
42K
Workers employed
$106,318/yr
Avg payroll / employee
$7M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 21211

West Virginia leads Coal Mining 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)
42K
Workers employed (Census CBP)
$106,318/yr
Avg payroll / employee
$7M
SBA lending, FY20–26

Benchmarking Insights for Coal Mining

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

491 establishments employ 42,347 workers (86.3/location) at $106,318/yr average annual pay. West Virginia leads employment, followed by Wyoming and Indiana.

Employment

42,347

Total employees (Census CBP)

Avg Payroll / Employee

$106,318/yr

Annual compensation

Establishments

491

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 2,506; establishment count decreased by 10. 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)
$4.5B
Avg Employees per Establishment
86.3

Sub-Industries

Industry Profit Margin
Anthracite Mining

NAICS 212113

N/A
Bituminous Coal and Lignite Surface Mining

NAICS 212111

N/A
Bituminous Coal Underground Mining

NAICS 212112

N/A

Top States by Employment

State Employment
West Virginia 13,109
Wyoming 4,030
Indiana 2,285
Alabama 2,251
Colorado 1,113
Texas 990

Showing top 10 of 19 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

4

Total Loan Volume

$7M

Avg Loan Size

$1663K

Jobs Supported

384

Program Breakdown

7(a) 4 (100%)
504 0 (0%)

Top SBA Lender

US Eagle FCU

1 loans in this industry

New Business Share

25.0% of borrowers were new/startup businesses

Annual Lending Trend (3 yrs)

2021
1
2022
2
2023
1

Frequently Asked Questions

How profitable is Coal Mining?
IRS SOI doesn't publish margin data at the NAICS 21211 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 Coal Mining?
491 business establishments. Together they employ 42,347 workers.
What is the average payroll per employee in Coal Mining?
$106,318/yr average annual pay per employee. Businesses average 86.3 employees per establishment.
Which states have the most Coal Mining employment?
West Virginia leads with 13,109 workers. Wyoming (4,030) and Indiana (2,285) round out the top three.
How much SBA lending does Coal Mining receive?
Coal Mining businesses received 4 SBA loans totaling $7 million between FY2020 and FY2026. The average loan size was $1663K. These loans supported 384 jobs at origination. Most lending (100%) 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 34% of that same 551-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 Coal Mining

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 21211 · 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.