Utilities ·NAICS 221

NAICS 221 · IRS SOI 2023 · Census CBP

Utilities - Industry Benchmarks

$127,240/yr average annual pay, with 536 SBA loans on record for NAICS 221.

2.6%
Utilities sector margin
667K
Workers employed
$127,240/yr
Avg payroll / employee
$300M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 221

Texas leads Utilities activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Utilities sector runs a 2.6% net margin.

2.6%
Utilities sector margin (IRS SOI)
667K
Workers employed (Census CBP)
$127,240/yr
Avg payroll / employee
$300M
SBA lending, FY20–26

Benchmarking Insights for Utilities

Utilities sits inside Utilities, a sector that runs a 2.6% net margin overall.

20,379 establishments employ 667,277 workers (32.7/location) at $127,240/yr average annual pay. Texas leads employment, followed by New York and Florida.

Employment

667,277

Total employees (Census CBP)

Avg Payroll / Employee

$127,240/yr

Annual compensation

Establishments

20,379

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 22,063; establishment count decreased by 46. 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)
$84.9B
Avg Employees per Establishment
32.7

Sub-Industries

Industry Profit Margin
Electric Power Generation, Transmission and Distribution

NAICS 2211

0.0%
Natural Gas Distribution

NAICS 2212

-0.1%
Water, Sewage and Other Systems

NAICS 2213

2.4%

Top States by Employment

State Employment
Texas 61,731
New York 40,711
Florida 30,699
Illinois 27,143
Mississippi 8,946
Kansas 7,188
New Mexico 4,497
Tennessee 3,505
Alaska 2,283

Showing top 10 of 51 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

536

Total Loan Volume

$300M

Avg Loan Size

$559K

Jobs Supported

5,461

Program Breakdown

7(a) 494 (92%)
504 42 (8%)

Top SBA Lender

Wells Fargo Bank National Association

35 loans in this industry

New Business Share

33.4% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
63
2021
102
2022
88
2023
63
2024
102
2025
111
2026
7

Frequently Asked Questions

How profitable is Utilities?
IRS SOI doesn't publish margin data at the NAICS 221 level. Texas leads this industry nationally. The broader Utilities sector runs a 2.6% net margin (IRS SOI 2023).
How many businesses are in Utilities?
20,379 business establishments. Together they employ 667,277 workers.
What is the average payroll per employee in Utilities?
$127,240/yr average annual pay per employee. Businesses average 32.7 employees per establishment.
Which states have the most Utilities employment?
Texas leads with 61,731 workers. New York (40,711) and Florida (30,699) round out the top three.
How much SBA lending does Utilities receive?
Utilities businesses received 536 SBA loans totaling $300 million between FY2020 and FY2026. The average loan size was $559K. These loans supported 5,461 jobs at origination. Most lending (92%) 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 44% of that same 77-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 Utilities

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 221 · 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.