Employment
640,858
Total employees (Census CBP)
Construction ·NAICS 23622
NAICS 23622 · IRS SOI 2023 · Census CBP
Commercial and Institutional Building Construction - Industry Benchmarks
$97,254/yr average annual pay, with 2,466 SBA loans on record for NAICS 23622.
- 6.3%
- Construction sector margin
- 641K
- Workers employed
- $97,254/yr
- Avg payroll / employee
- $1.1B
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 23622
California leads Commercial and Institutional 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)
- 641K
- Workers employed (Census CBP)
- $97,254/yr
- Avg payroll / employee
- $1.1B
- SBA lending, FY20–26
Benchmarking Insights for Commercial and Institutional Building Construction
Commercial and Institutional Building Construction sits inside Construction, a sector that runs a 6.3% net margin overall.
39,072 establishments employ 640,858 workers (16.4/location) at $97,254/yr average annual pay. California leads employment, followed by Texas and Florida.
Avg Payroll / Employee
$97,254/yr
Annual compensation
Establishments
39,072
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 22,335; establishment count increased by 67. 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)
- $62.3B
- Avg Employees per Establishment
- 16.4
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Commercial and Institutional Building Construction NAICS 236220 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| California | 78,055 |
| Texas | 57,797 |
| Florida | 37,502 |
| New York | 33,791 |
| Pennsylvania | 23,880 |
| Ohio | 20,882 |
| Illinois | 20,515 |
| Georgia | 20,447 |
| Michigan | 18,394 |
| Colorado | 17,680 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
2,466
Total Loan Volume
$1.1B
Avg Loan Size
$459K
Jobs Supported
26,284
Program Breakdown
7(a) 2,259 (92%)
504 207 (8%)
Top SBA Lender
JPMorgan Chase Bank, National Association
232 loans in this industry
New Business Share
15.4% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 296
2021 333
2022 326
2023 394
2024 468
2025 580
2026 69
Frequently Asked Questions
How profitable is Commercial and Institutional Building Construction?
IRS SOI doesn't publish margin data at the NAICS 23622 level. California leads this industry nationally. The broader Construction sector runs a 6.3% net margin (IRS SOI 2023).
How many businesses are in Commercial and Institutional Building Construction?
39,072 business establishments. Together they employ 640,858 workers.
What is the average payroll per employee in Commercial and Institutional Building Construction?
$97,254/yr average annual pay per employee. Businesses average 16.4 employees per establishment.
Which states have the most Commercial and Institutional Building Construction employment?
California leads with 78,055 workers. Texas (57,797) and Florida (37,502) round out the top three.
How much SBA lending does Commercial and Institutional Building Construction receive?
Commercial and Institutional Building Construction businesses received 2,466 SBA loans totaling $1.1 billion between FY2020 and FY2026. The average loan size was $459K. These loans supported 26,284 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 92% 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.
- Data Processing, Hosting, and Related Services 629,527
- Food Service Contractors 618,579
- Pharmacies and Drug Stores 691,152
Benchmarking Commercial and Institutional Building Construction
- No margin data, check the parent industry. Browse Construction
- 39,072 establishments, 640,858 workers. Payroll benchmarks
- 2,466 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 23622 · 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.