Construction ·NAICS 2362

NAICS 2362 · IRS SOI 2023 · Census CBP

Nonresidential Building Construction - Industry Benchmarks

$96,783/yr average annual pay, with 2,960 SBA loans on record for NAICS 2362.

6.3%
Construction sector margin
716K
Workers employed
$96,783/yr
Avg payroll / employee
$1.4B
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 2362

California leads Nonresidential 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)
716K
Workers employed (Census CBP)
$96,783/yr
Avg payroll / employee
$1.4B
SBA lending, FY20–26

Benchmarking Insights for Nonresidential Building Construction

Nonresidential Building Construction sits inside Construction, a sector that runs a 6.3% net margin overall.

42,452 establishments employ 716,082 workers (16.9/location) at $96,783/yr average annual pay. California leads employment, followed by Texas and Florida.

Employment

716,082

Total employees (Census CBP)

Avg Payroll / Employee

$96,783/yr

Annual compensation

Establishments

42,452

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 22,430; establishment count increased by 274. 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)
$69.3B
Avg Employees per Establishment
16.9

Sub-Industries

Industry Profit Margin
Commercial and Institutional Building Construction

NAICS 23622

N/A
Industrial Building Construction

NAICS 23621

N/A

Top States by Employment

State Employment
California 81,838
Texas 66,104
Florida 40,773
New York 35,109
Pennsylvania 26,604
Ohio 24,191
Illinois 23,420
Georgia 23,117
Michigan 21,007
Missouri 19,353

Showing top 10 of 51 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

2,960

Total Loan Volume

$1.4B

Avg Loan Size

$486K

Jobs Supported

32,745

Program Breakdown

7(a) 2,655 (90%)
504 305 (10%)

Top SBA Lender

JPMorgan Chase Bank, National Association

238 loans in this industry

New Business Share

15.0% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
347
2021
407
2022
395
2023
450
2024
573
2025
702
2026
86

Frequently Asked Questions

How profitable is Nonresidential Building Construction?
IRS SOI doesn't publish margin data at the NAICS 2362 level. California leads this industry nationally. The broader Construction sector runs a 6.3% net margin (IRS SOI 2023).
How many businesses are in Nonresidential Building Construction?
42,452 business establishments. Together they employ 716,082 workers.
What is the average payroll per employee in Nonresidential Building Construction?
$96,783/yr average annual pay per employee. Businesses average 16.9 employees per establishment.
Which states have the most Nonresidential Building Construction employment?
California leads with 81,838 workers. Texas (66,104) and Florida (40,773) round out the top three.
How much SBA lending does Nonresidential Building Construction receive?
Nonresidential Building Construction businesses received 2,960 SBA loans totaling $1.4 billion between FY2020 and FY2026. The average loan size was $486K. These loans supported 32,745 jobs at origination. Most lending (90%) 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 80% 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 Nonresidential Building Construction

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 2362 · 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.