Construction ·NAICS 23712

NAICS 23712 · IRS SOI 2023 · Census CBP

Oil and Gas Pipeline and Related Structures Construction - Industry Benchmarks

$88,525/yr average annual pay, with 50 SBA loans on record for NAICS 23712.

6.3%
Construction sector margin
168K
Workers employed
$88,525/yr
Avg payroll / employee
$39M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 23712

Texas leads Oil and Gas Pipeline and Related Structures 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)
168K
Workers employed (Census CBP)
$88,525/yr
Avg payroll / employee
$39M
SBA lending, FY20–26

Benchmarking Insights for Oil and Gas Pipeline and Related Structures Construction

Oil and Gas Pipeline and Related Structures Construction sits inside Construction, a sector that runs a 6.3% net margin overall.

2,156 establishments employ 167,820 workers (77.8/location) at $88,525/yr average annual pay. Texas leads employment, followed by California and Oklahoma.

Employment

167,820

Total employees (Census CBP)

Avg Payroll / Employee

$88,525/yr

Annual compensation

Establishments

2,156

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 8,060; establishment count decreased by 10. 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)
$14.9B
Avg Employees per Establishment
77.8

Sub-Industries

Industry Profit Margin
Oil and Gas Pipeline and Related Structures Construction

NAICS 237120

N/A

Top States by Employment

State Employment
Texas 53,681
California 7,377
Oklahoma 5,833
Ohio 3,894
Colorado 3,256
New Mexico 2,452
West Virginia 1,920
Washington 1,859
New Jersey 1,293
Kentucky 975

Showing top 10 of 50 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

50

Total Loan Volume

$39M

Avg Loan Size

$789K

Jobs Supported

1,236

Program Breakdown

7(a) 49 (98%)
504 1 (2%)

Top SBA Lender

The Huntington National Bank

8 loans in this industry

New Business Share

28.0% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
11
2021
5
2022
4
2023
8
2024
13
2025
8
2026
1

Frequently Asked Questions

How profitable is Oil and Gas Pipeline and Related Structures Construction?
IRS SOI doesn't publish margin data at the NAICS 23712 level. Texas leads this industry nationally. The broader Construction sector runs a 6.3% net margin (IRS SOI 2023).
How many businesses are in Oil and Gas Pipeline and Related Structures Construction?
2,156 business establishments. Together they employ 167,820 workers.
What is the average payroll per employee in Oil and Gas Pipeline and Related Structures Construction?
$88,525/yr average annual pay per employee. Businesses average 77.8 employees per establishment.
Which states have the most Oil and Gas Pipeline and Related Structures Construction employment?
Texas leads with 53,681 workers. California (7,377) and Oklahoma (5,833) round out the top three.
How much SBA lending does Oil and Gas Pipeline and Related Structures Construction receive?
Oil and Gas Pipeline and Related Structures Construction businesses received 50 SBA loans totaling $39 million between FY2020 and FY2026. The average loan size was $789K. These loans supported 1,236 jobs at origination. Most lending (98%) 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 74% 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.

Benchmarking Oil and Gas Pipeline and Related Structures 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 23712 · 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.