Employment
63,946
Total employees (Census CBP)
Manufacturing ·NAICS 3112
NAICS 3112 · IRS SOI 2023 · Census CBP
Grain and Oilseed Milling - Industry Benchmarks
$72,597/yr average annual pay, with 37 SBA loans on record for NAICS 3112.
- 6.7%
- Manufacturing sector margin
- 64K
- Workers employed
- $72,597/yr
- Avg payroll / employee
- $39M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 3112
Iowa leads Grain and Oilseed Milling activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Manufacturing sector runs a 6.7% net margin.
- 6.7%
- Manufacturing sector margin (IRS SOI)
- 64K
- Workers employed (Census CBP)
- $72,597/yr
- Avg payroll / employee
- $39M
- SBA lending, FY20–26
Benchmarking Insights for Grain and Oilseed Milling
Grain and Oilseed Milling sits inside Manufacturing, a sector that runs a 6.7% net margin overall.
927 establishments employ 63,946 workers (69.0/location) at $72,597/yr average annual pay. Iowa leads employment, followed by Indiana and Georgia.
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.
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 FY2020–2026SBA 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 profitable is Grain and Oilseed Milling?
IRS SOI doesn't publish margin data at the NAICS 3112 level. Iowa leads this industry nationally. The broader Manufacturing sector runs a 6.7% net margin (IRS SOI 2023).
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.
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 23% of that same 259-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 Grain and Oilseed Milling
- No margin data, check the parent industry. Browse Manufacturing
- 927 establishments, 63,946 workers. Payroll benchmarks
- 37 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 3112 · 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.