Employment
177,042
Total employees (Census CBP)
Construction ·NAICS 238350
NAICS 238350 · IRS SOI 2023 · Census CBP
Finish Carpentry Contractors - Industry Benchmarks
$59,399/yr average annual pay, with 1,301 SBA loans on record for NAICS 238350.
- 6.3%
- Construction sector margin
- 177K
- Workers employed
- $59,399/yr
- Avg payroll / employee
- $400M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 238350
California leads Finish Carpentry 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)
- 177K
- Workers employed (Census CBP)
- $59,399/yr
- Avg payroll / employee
- $400M
- SBA lending, FY20–26
Benchmarking Insights for Finish Carpentry Contractors
Finish Carpentry Contractors sits inside Construction, a sector that runs a 6.3% net margin overall.
32,219 establishments employ 177,042 workers (5.5/location) at $59,399/yr average annual pay. California leads employment, followed by Florida and New York.
Avg Payroll / Employee
$59,399/yr
Annual compensation
Establishments
32,219
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 8,612; establishment count increased by 50. 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)
- $10.5B
- Avg Employees per Establishment
- 5.5
Top States by Employment
| State | Employment |
|---|---|
| California | 19,812 |
| Florida | 19,111 |
| New York | 11,316 |
| Texas | 11,055 |
| Pennsylvania | 6,637 |
| Washington | 5,892 |
| Illinois | 5,514 |
| Arizona | 5,402 |
| Georgia | 5,359 |
| Ohio | 5,200 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
1,301
Total Loan Volume
$400M
Avg Loan Size
$307K
Jobs Supported
7,571
Program Breakdown
7(a) 1,210 (93%)
504 91 (7%)
Top SBA Lender
TD Bank, National Association
144 loans in this industry
New Business Share
23.5% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 144
2021 171
2022 176
2023 203
2024 277
2025 297
2026 33
Frequently Asked Questions
How profitable is Finish Carpentry Contractors?
IRS SOI doesn't publish margin data at the NAICS 238350 level. California leads this industry nationally. The broader Construction sector runs a 6.3% net margin (IRS SOI 2023).
How many businesses are in Finish Carpentry Contractors?
32,219 business establishments. Together they employ 177,042 workers.
What is the average payroll per employee in Finish Carpentry Contractors?
$59,399/yr average annual pay per employee. Businesses average 5.5 employees per establishment.
Which states have the most Finish Carpentry Contractors employment?
California leads with 19,812 workers. Florida (19,111) and New York (11,316) round out the top three.
How much SBA lending does Finish Carpentry Contractors receive?
Finish Carpentry Contractors businesses received 1,301 SBA loans totaling $400 million between FY2020 and FY2026. The average loan size was $307K. These loans supported 7,571 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 84% 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 Finish Carpentry Contractors
- No margin data, check the parent industry. Browse Construction
- 32,219 establishments, 177,042 workers. Payroll benchmarks
- 1,301 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 238350 · 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.