Employment
28,529
Total employees (Census CBP)
Manufacturing ·NAICS 31122
NAICS 31122 · IRS SOI 2023 · Census CBP
Starch and Vegetable Fats and Oils Manufacturing - Industry Benchmarks
$77,292/yr average annual pay, with 13 SBA loans on record for NAICS 31122.
- 6.7%
- Manufacturing sector margin
- 29K
- Workers employed
- $77,292/yr
- Avg payroll / employee
- $7M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 31122
Iowa leads Starch and Vegetable Fats and Oils Manufacturing 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)
- 29K
- Workers employed (Census CBP)
- $77,292/yr
- Avg payroll / employee
- $7M
- SBA lending, FY20–26
Benchmarking Insights for Starch and Vegetable Fats and Oils Manufacturing
Starch and Vegetable Fats and Oils Manufacturing sits inside Manufacturing, a sector that runs a 6.7% net margin overall.
369 establishments employ 28,529 workers (77.3/location) at $77,292/yr average annual pay. Iowa leads employment, followed by Indiana and Nebraska.
Avg Payroll / Employee
$77,292/yr
Annual compensation
Establishments
369
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 3,052; establishment count was unchanged by 0. 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)
- $2.2B
- Avg Employees per Establishment
- 77.3
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Fats and Oils Refining and Blending NAICS 311225 | N/A |
| Soybean and Other Oilseed Processing NAICS 311224 | N/A |
| Wet Corn Milling NAICS 311221 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| Iowa | 3,859 |
| Indiana | 1,673 |
| Nebraska | 1,121 |
| Kansas | 878 |
| Missouri | 835 |
| North Dakota | 455 |
| Kentucky | 400 |
| South Dakota | 216 |
| Idaho | 80 |
Showing top 10 of 34 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
13
Total Loan Volume
$7M
Avg Loan Size
$561K
Jobs Supported
127
Program Breakdown
7(a) 12 (92%)
504 1 (8%)
Top SBA Lender
Zions Bank, A Division of
1 loans in this industry
New Business Share
38.5% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 2
2021 5
2022 1
2023 2
2024 1
2025 1
2026 1
Frequently Asked Questions
How profitable is Starch and Vegetable Fats and Oils Manufacturing?
IRS SOI doesn't publish margin data at the NAICS 31122 level. Iowa leads this industry nationally. The broader Manufacturing sector runs a 6.7% net margin (IRS SOI 2023).
How many businesses are in Starch and Vegetable Fats and Oils Manufacturing?
369 business establishments. Together they employ 28,529 workers.
What is the average payroll per employee in Starch and Vegetable Fats and Oils Manufacturing?
$77,292/yr average annual pay per employee. Businesses average 77.3 employees per establishment.
Which states have the most Starch and Vegetable Fats and Oils Manufacturing employment?
Iowa leads with 3,859 workers. Indiana (1,673) and Nebraska (1,121) round out the top three.
How much SBA lending does Starch and Vegetable Fats and Oils Manufacturing receive?
Starch and Vegetable Fats and Oils Manufacturing businesses received 13 SBA loans totaling $7 million between FY2020 and FY2026. The average loan size was $561K. These loans supported 127 jobs at origination. Most lending (92%) 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 24% of that same 551-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 Starch and Vegetable Fats and Oils Manufacturing
- No margin data, check the parent industry. Browse Manufacturing
- 369 establishments, 28,529 workers. Payroll benchmarks
- 13 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 31122 · 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.