Employment
82,184
Total employees (Census CBP)
Construction ·NAICS 238120
NAICS 238120 · IRS SOI 2023 · Census CBP
Structural Steel and Precast Concrete Contractors - Industry Benchmarks
$75,210/yr average annual pay, with 228 SBA loans on record for NAICS 238120.
- 6.3%
- Construction sector margin
- 82K
- Workers employed
- $75,210/yr
- Avg payroll / employee
- $114M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 238120
California leads Structural Steel and Precast Concrete Contractors 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)
- 82K
- Workers employed (Census CBP)
- $75,210/yr
- Avg payroll / employee
- $114M
- SBA lending, FY20–26
Benchmarking Insights for Structural Steel and Precast Concrete Contractors
Structural Steel and Precast Concrete Contractors sits inside Construction, a sector that runs a 6.3% net margin overall.
4,005 establishments employ 82,184 workers (20.5/location) at $75,210/yr average annual pay. California leads employment, followed by Texas and Florida.
Avg Payroll / Employee
$75,210/yr
Annual compensation
Establishments
4,005
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 2,711; establishment count increased by 33. 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)
- $6.2B
- Avg Employees per Establishment
- 20.5
Top States by Employment
| State | Employment |
|---|---|
| California | 11,211 |
| Texas | 9,996 |
| Florida | 4,240 |
| New York | 3,390 |
| Arizona | 2,950 |
| Ohio | 2,859 |
| Virginia | 2,480 |
| Georgia | 2,459 |
| Washington | 2,443 |
| North Carolina | 2,364 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
228
Total Loan Volume
$114M
Avg Loan Size
$498K
Jobs Supported
2,932
Program Breakdown
7(a) 202 (89%)
504 26 (11%)
Top SBA Lender
U.S. Bank, National Association
20 loans in this industry
New Business Share
15.4% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 31
2021 22
2022 26
2023 43
2024 51
2025 49
2026 6
Frequently Asked Questions
How profitable is Structural Steel and Precast Concrete Contractors?
IRS SOI doesn't publish margin data at the NAICS 238120 level. California leads this industry nationally. The broader Construction sector runs a 6.3% net margin (IRS SOI 2023).
How many businesses are in Structural Steel and Precast Concrete Contractors?
4,005 business establishments. Together they employ 82,184 workers.
What is the average payroll per employee in Structural Steel and Precast Concrete Contractors?
$75,210/yr average annual pay per employee. Businesses average 20.5 employees per establishment.
Which states have the most Structural Steel and Precast Concrete Contractors employment?
California leads with 11,211 workers. Texas (9,996) and Florida (4,240) round out the top three.
How much SBA lending does Structural Steel and Precast Concrete Contractors receive?
Structural Steel and Precast Concrete Contractors businesses received 228 SBA loans totaling $114 million between FY2020 and FY2026. The average loan size was $498K. These loans supported 2,932 jobs at origination. Most lending (89%) 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 68% of that same 801-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 Structural Steel and Precast Concrete Contractors
- No margin data, check the parent industry. Browse Construction
- 4,005 establishments, 82,184 workers. Payroll benchmarks
- 228 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 238120 · 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.