Construction ·NAICS 2371

NAICS 2371 · IRS SOI 2023 · Census CBP

Utility System Construction - Industry Benchmarks

$87,180/yr average annual pay, with 877 SBA loans on record for NAICS 2371.

6.3%
Construction sector margin
627K
Workers employed
$87,180/yr
Avg payroll / employee
$490M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 2371

Texas leads Utility System 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)
627K
Workers employed (Census CBP)
$87,180/yr
Avg payroll / employee
$490M
SBA lending, FY20–26

Benchmarking Insights for Utility System Construction

Utility System Construction sits inside Construction, a sector that runs a 6.3% net margin overall.

20,109 establishments employ 627,151 workers (31.2/location) at $87,180/yr average annual pay. Texas leads employment, followed by California and Florida.

Employment

627,151

Total employees (Census CBP)

Avg Payroll / Employee

$87,180/yr

Annual compensation

Establishments

20,109

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 27,005; establishment count increased by 388. 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)
$54.7B
Avg Employees per Establishment
31.2

Sub-Industries

Industry Profit Margin
Oil and Gas Pipeline and Related Structures Construction

NAICS 23712

N/A
Power and Communication Line and Related Structures Construction

NAICS 23713

N/A
Water and Sewer Line and Related Structures Construction

NAICS 23711

N/A

Top States by Employment

State Employment
Texas 126,977
California 46,240
Florida 29,819
Pennsylvania 18,701
Minnesota 18,568
Illinois 16,406
Ohio 15,679
Georgia 14,165
Arizona 13,638
New York 13,582

Showing top 10 of 51 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

877

Total Loan Volume

$490M

Avg Loan Size

$558K

Jobs Supported

12,204

Program Breakdown

7(a) 813 (93%)
504 64 (7%)

Top SBA Lender

The Huntington National Bank

90 loans in this industry

New Business Share

32.5% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
107
2021
130
2022
101
2023
144
2024
185
2025
196
2026
14

Frequently Asked Questions

How profitable is Utility System Construction?
IRS SOI doesn't publish margin data at the NAICS 2371 level. Texas leads this industry nationally. The broader Construction sector runs a 6.3% net margin (IRS SOI 2023).
How many businesses are in Utility System Construction?
20,109 business establishments. Together they employ 627,151 workers.
What is the average payroll per employee in Utility System Construction?
$87,180/yr average annual pay per employee. Businesses average 31.2 employees per establishment.
Which states have the most Utility System Construction employment?
Texas leads with 126,977 workers. California (46,240) and Florida (29,819) round out the top three.
How much SBA lending does Utility System Construction receive?
Utility System Construction businesses received 877 SBA loans totaling $490 million between FY2020 and FY2026. The average loan size was $558K. These loans supported 12,204 jobs at origination. Most lending (93%) 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 78% 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 Utility System 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 2371 · 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.