Mining, Quarrying, and Oil and Gas Extraction ·NAICS 21231

NAICS 21231 · IRS SOI 2023 · Census CBP

Stone Mining and Quarrying - Industry Benchmarks

$79,030/yr average annual pay, with 67 SBA loans on record for NAICS 21231.

17.6%
Mining, Quarrying, and Oil and Gas Extraction sector margin
43K
Workers employed
$79,030/yr
Avg payroll / employee
$73M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 21231

Texas leads Stone Mining and Quarrying 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)
43K
Workers employed (Census CBP)
$79,030/yr
Avg payroll / employee
$73M
SBA lending, FY20–26

Benchmarking Insights for Stone Mining and Quarrying

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

2,440 establishments employ 43,124 workers (17.7/location) at $79,030/yr average annual pay. Texas leads employment, followed by Pennsylvania and North Carolina.

Employment

43,124

Total employees (Census CBP)

Avg Payroll / Employee

$79,030/yr

Annual compensation

Establishments

2,440

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 108; 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)
$3.4B
Avg Employees per Establishment
17.7

Sub-Industries

Industry Profit Margin
Crushed and Broken Granite Mining and Quarrying

NAICS 212313

N/A
Crushed and Broken Limestone Mining and Quarrying

NAICS 212312

N/A
Dimension Stone Mining and Quarrying

NAICS 212311

N/A
Other Crushed and Broken Stone Mining and Quarrying

NAICS 212319

N/A

Top States by Employment

State Employment
Texas 3,799
Pennsylvania 2,773
North Carolina 2,348
Virginia 2,032
Indiana 1,865
Iowa 1,705
Ohio 1,573
Oklahoma 1,550
New York 1,494
California 1,115

Showing top 10 of 48 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

67

Total Loan Volume

$73M

Avg Loan Size

$1093K

Jobs Supported

1,160

Program Breakdown

7(a) 55 (82%)
504 12 (18%)

Top SBA Lender

PS Bank

6 loans in this industry

New Business Share

31.3% of borrowers were new/startup businesses

Annual Lending Trend (6 yrs)

2020
11
2021
21
2022
12
2023
11
2024
7
2025
5

Frequently Asked Questions

How profitable is Stone Mining and Quarrying?
IRS SOI doesn't publish margin data at the NAICS 21231 level. Texas 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 Stone Mining and Quarrying?
2,440 business establishments. Together they employ 43,124 workers.
What is the average payroll per employee in Stone Mining and Quarrying?
$79,030/yr average annual pay per employee. Businesses average 17.7 employees per establishment.
Which states have the most Stone Mining and Quarrying employment?
Texas leads with 3,799 workers. Pennsylvania (2,773) and North Carolina (2,348) round out the top three.
How much SBA lending does Stone Mining and Quarrying receive?
Stone Mining and Quarrying businesses received 67 SBA loans totaling $73 million between FY2020 and FY2026. The average loan size was $1093K. These loans supported 1,160 jobs at origination. Most lending (82%) 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 35% 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 Stone Mining and Quarrying

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 21231 · 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.