Manufacturing ·NAICS 3112

NAICS 3112 · IRS SOI (C corp) · Census CBP 2023

Grain and Oilseed Milling - Industry Benchmarks

$72,597/yr average annual pay, with 37 SBA loans on record for NAICS 3112.

927
Establishments
64K
Workers employed
$72,597/yr
Avg payroll / employee
$39M
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 3112

Iowa leads Grain and Oilseed Milling activity nationally, across 927 establishments employing 64K workers. IRS SOI doesn't publish margin data at this NAICS level.

927
Business establishments (Census)
64K
Workers employed (Census CBP)
$72,597/yr
Avg payroll / employee
$39M
SBA lending, FY20–26

Use Grain and Oilseed Milling's NAICS benchmark as a comparison point, not a forecast for one business.

Grain and Oilseed Milling is reported here with financial measures from IRS Statistics of Income and workforce measures from Census County Business Patterns. The page keeps those source systems distinct, shows unavailable fields rather than estimating them, and links the underlying industry context so readers can compare the same NAICS activity before interpreting a margin or payroll figure.

Source: IRS SOI (C corporation headline) and Census County Business Patterns 2023

Benchmarking Insights for Grain and Oilseed Milling

Grain and Oilseed Milling sits inside Manufacturing.

927 establishments employ 63,946 workers (69.0/location) at $72,597/yr average annual pay. Iowa leads employment, followed by Indiana and Georgia.

Grain and Oilseed Milling sits in the 23rd percentile for employment among 4-digit NAICS industries with reported data.

Employment

63,946

Total employees (Census CBP)

Avg Payroll / Employee

$72,597/yr

Annual compensation

Establishments

927

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 4,636; establishment count decreased by 17. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

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Workforce scale

Financial Detail

Annual Payroll (Total)
$4.6B
Avg Employees per Establishment
69.0

Sub-Industries

Industry Profit Margin
Breakfast Cereal Manufacturing

NAICS 31123

N/A
Flour Milling and Malt Manufacturing

NAICS 31121

N/A
Starch and Vegetable Fats and Oils Manufacturing

NAICS 31122

N/A

Top States by Employment

State Employment
Iowa 6,863
Indiana 3,111
Georgia 2,998
Ohio 2,391
Kansas 1,600
New Jersey 1,148
Louisiana 818
North Dakota 684
Kentucky 639
Oklahoma 587

Showing top 10 of 43 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

37

Total Loan Volume

$39M

Avg Loan Size

$1053K

Jobs Supported

455

Program Breakdown

7(a) 30 (81%)
504 7 (19%)

Top SBA Lender

Newtek Bank, National Association

9 loans in this industry

New Business Share

21.6% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
4
2021
10
2022
3
2023
3
2024
3
2025
13
2026
1

Frequently Asked Questions

How many businesses are in Grain and Oilseed Milling?
927 business establishments. Together they employ 63,946 workers.
What is the average payroll per employee in Grain and Oilseed Milling?
$72,597/yr average annual pay per employee. Businesses average 69.0 employees per establishment.
Which states have the most Grain and Oilseed Milling employment?
Iowa leads with 6,863 workers. Indiana (3,111) and Georgia (2,998) round out the top three.
How much SBA lending does Grain and Oilseed Milling receive?
Grain and Oilseed Milling businesses received 37 SBA loans totaling $39 million between FY2020 and FY2026. The average loan size was $1053K. These loans supported 455 jobs at origination. Most lending (81%) came through the SBA 7(a) program.

Nationwide industries with similar benchmark drivers

Two IRS/Census peer sets for Grain and Oilseed Milling, both at NAICS level 4 and excluding this code so the neighborhoods are not self-links.

According to Census County Business Patterns 2023, Grain and Oilseed Milling ranks #199 of 259 U.S. industries at the 4-digit NAICS level by total employment.

Read with this industry: Industry employment trends · Manufacturing · 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 3112 · CBP 2023 · IRS SOI

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.