Employment
905,357
Total employees (Census CBP)
Construction ·NAICS 2361
NAICS 2361 · IRS SOI 2023 · Census CBP
Residential Building Construction - Industry Benchmarks
$71,083/yr average annual pay, with 10,264 SBA loans on record for NAICS 2361.
- 6.3%
- Construction sector margin
- 905K
- Workers employed
- $71,083/yr
- Avg payroll / employee
- $2.5B
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 2361
California leads Residential Building Construction activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Construction sector runs a 6.3% net margin.
- 6.3%
- Construction sector margin (IRS SOI)
- 905K
- Workers employed (Census CBP)
- $71,083/yr
- Avg payroll / employee
- $2.5B
- SBA lending, FY20–26
Benchmarking Insights for Residential Building Construction
Residential Building Construction sits inside Construction, a sector that runs a 6.3% net margin overall.
212,178 establishments employ 905,357 workers (4.3/location) at $71,083/yr average annual pay. California leads employment, followed by Florida and Texas.
Avg Payroll / Employee
$71,083/yr
Annual compensation
Establishments
212,178
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 22,838; establishment count increased by 2,722. 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)
- $64.4B
- Avg Employees per Establishment
- 4.3
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Residential Building Construction NAICS 23611 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| California | 125,779 |
| Florida | 70,824 |
| Texas | 67,347 |
| New York | 61,685 |
| Washington | 37,622 |
| North Carolina | 34,562 |
| Pennsylvania | 33,050 |
| Virginia | 26,597 |
| New Jersey | 24,036 |
| Arizona | 23,468 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
10,264
Total Loan Volume
$2.5B
Avg Loan Size
$242K
Jobs Supported
54,993
Program Breakdown
7(a) 9,874 (96%)
504 390 (4%)
Top SBA Lender
The Huntington National Bank
1,216 loans in this industry
New Business Share
23.1% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 1,024
2021 1,035
2022 1,312
2023 1,703
2024 2,252
2025 2,615
2026 323
Frequently Asked Questions
How profitable is Residential Building Construction?
IRS SOI doesn't publish margin data at the NAICS 2361 level. California leads this industry nationally. The broader Construction sector runs a 6.3% net margin (IRS SOI 2023).
How many businesses are in Residential Building Construction?
212,178 business establishments. Together they employ 905,357 workers.
What is the average payroll per employee in Residential Building Construction?
$71,083/yr average annual pay per employee. Businesses average 4.3 employees per establishment.
Which states have the most Residential Building Construction employment?
California leads with 125,779 workers. Florida (70,824) and Texas (67,347) round out the top three.
How much SBA lending does Residential Building Construction receive?
Residential Building Construction businesses received 10,264 SBA loans totaling $2.5 billion between FY2020 and FY2026. The average loan size was $242K. These loans supported 54,993 jobs at origination. Most lending (96%) 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 84% of that same 259-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 Residential Building Construction
- No margin data, check the parent industry. Browse Construction
- 212,178 establishments, 905,357 workers. Payroll benchmarks
- 10,264 SBA loans on record. SBA lending rankings
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 2361 · 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.
Read our methodology - how this data is sourced, computed, and verified.
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.