Construction ·NAICS 23817

2026 data Public-data reference. IRS SOI · Census CBP · 2023 Unknown margin

Construction — Industry Benchmarks

Profit margins, payroll, employment, and SBA lending for Construction (NAICS 23817). Cross-checked against IRS SOI 2023 and Census County Business Patterns. Refreshed as new data lands.

Construction (NAICS 23817) does not have profit margin data available in the current IRS SOI release. Census Bureau data identifies 9,142 business establishments employing 41,885 workers nationwide.

Benchmarking Insights for Construction

When you read the financial profile for Construction, the number only becomes actionable when paired with scale. This industry sits inside the broader Construction sector and reports N/A of aggregate annual receipts. Owners comparing their own books should read the margin as a midpoint — smaller operators typically run several points below the aggregate because fixed overhead (rent, software, insurance) consumes a larger share of lower revenue bases. Treat the industry figure as a ceiling calibrated by businesses that have already achieved operating leverage.

Labor economics tell the second half of the story. Census CBP shows 9,142 active establishments employing 41,885 workers, averaging 4.6 employees per location and paying $58,783/yr per employee annually. Washington leads the geographic distribution of employment, with Florida and California rounding out the top three concentrations. Headcount density matters because thin-margin industries only clear the cash-flow bar when establishments reach the staffing level where fixed costs amortize — a useful cross-check against the margin line above.

Capital access is the third lens. SBA 7(a) and 504 approvals for this industry totaled 313 loans worth $74 million between FY2020 and FY2025, supporting 1,942 jobs at origination. The average ticket size — $236K — signals the typical capital gap operators bridge when expanding. The Huntington National Bank ranks as the most active SBA lender serving this NAICS code. Use this alongside the IRS and Census figures to decide whether your own plan should target operational efficiency, workforce expansion, or financed growth.

Profit Margin

N/A

Net income ÷ total receipts (IRS SOI)

Total Receipts

N/A

Annual revenue (IRS SOI)

Net Income

N/A

Pre-tax net income

Employment

41,885

Total employees (Census CBP)

Avg Payroll / Employee

$58,783/yr

Annual compensation

Establishments

9,142

Business locations

Workforce scale

Establishment-size distribution and per-establishment headcount based on Census Statistics of US Businesses (SUSB) typical strata.

Financial Detail

Total Tax Returns Filed
N/A
Total Deductions
N/A
Avg Receipts per Business
N/A
Annual Payroll (Total)
$2.5B
Avg Employees per Establishment
4.6

Sub-Industries

Industry Profit Margin
Construction

NAICS 238170

N/A

Top States by Employment

State Employment
Washington 3,075
Florida 2,592
California 2,506
Oregon 1,885
Texas 1,836
New York 1,667
Wisconsin 1,615
Minnesota 1,583
North Carolina 1,548
Pennsylvania 1,531

Showing top 10 of 50 states

SBA Lending Activity

FY2020–2025

Small Business Administration 7(a) and 504 loan data for this industry. Source: SBA FOIA dataset.

SBA Loans Approved

313

FY2020–2025

Total Loan Volume

$74M

7(a) + 504 programs

Avg Loan Size

$236K

Per approved loan

Jobs Supported

1,942

Reported at origination

Program Breakdown

7(a) Loans 312 loans (100%)
504 Loans 1 loans (0%)

Top SBA Lender

The Huntington National Bank

43 loans in this industry

New Business Share

35.5% of borrowers were new/startup businesses

Annual Lending Trend

FY2020
32 loans
FY2021
33 loans
FY2022
55 loans
FY2023
45 loans
FY2024
80 loans
FY2025
58 loans
FY2026
10 loans

SBA fiscal year runs Oct–Sep. FY2025 = partial year through Sep 2025.

Source: SBA 7(a) and 504 FOIA dataset · FY2020–FY2025 · View SBA lending rankings →

Frequently Asked Questions

What is the average revenue for Construction?
Revenue data for Construction (NAICS 23817) is not available in the current IRS SOI dataset.
How profitable is Construction?
Profitability data for Construction is not available in the current dataset.
How many businesses are in Construction?
There are 9,142 business establishments in Construction (NAICS 23817) according to Census Bureau County Business Patterns 2023 data. These establishments collectively employ 41,885 workers.
What is the average payroll per employee in Construction?
The average annual payroll per employee in Construction is $58,783/yr, based on Census Bureau County Business Patterns data. Businesses in this industry average 4.6 employees per establishment. This figure includes wages, salaries, and benefits reported by employers.
Which states have the most Construction employment?
Washington leads in Construction employment with 3,075 workers. Florida (2,592) and California (2,506) round out the top three. These figures come from the Census Bureau County Business Patterns 2023 survey.
How much SBA lending does Construction receive?
Construction businesses received 313 SBA loans totaling $74 million between FY2020 and FY2025. The average loan size was $236K. These loans supported 1,942 jobs at origination. Most lending (100%) came through the SBA 7(a) program.
Disclaimer: PlainBizBench provides publicly available IRS and Census data for informational purposes only. This is not financial, tax, or business advice. Consult a qualified accountant or financial advisor for business-specific guidance.

Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023

NAICS 23817 · Data year: 2023

Related

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainBizBench Editorial

Source: U.S. Census Bureau — County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2025