Employment
7,467
Total employees (Census CBP)
Manufacturing ·NAICS 311221
NAICS 311221 · IRS SOI 2023 · Census CBP
Wet Corn Milling - Industry Benchmarks
$105,162/yr average annual pay, with 1 SBA loans on record for NAICS 311221.
- 6.7%
- Manufacturing sector margin
- 7K
- Workers employed
- $105,162/yr
- Avg payroll / employee
- $1M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 311221
Illinois leads Wet Corn 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)
- 7K
- Workers employed (Census CBP)
- $105,162/yr
- Avg payroll / employee
- $1M
- SBA lending, FY20–26
Benchmarking Insights for Wet Corn Milling
Wet Corn Milling sits inside Manufacturing, a sector that runs a 6.7% net margin overall.
70 establishments employ 7,467 workers (106.7/location) at $105,162/yr average annual pay. Illinois leads employment.
Avg Payroll / Employee
$105,162/yr
Annual compensation
Establishments
70
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment decreased by 248; 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)
- $785.2M
- Avg Employees per Establishment
- 106.7
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
1
Total Loan Volume
$1M
Avg Loan Size
$719K
Jobs Supported
24
Program Breakdown
7(a) 1 (100%)
504 0 (0%)
Top SBA Lender
The First National Bank of Ballinger
1 loans in this industry
New Business Share
0.0% of borrowers were new/startup businesses
Frequently Asked Questions
How profitable is Wet Corn Milling?
IRS SOI doesn't publish margin data at the NAICS 311221 level. Illinois leads this industry nationally. The broader Manufacturing sector runs a 6.7% net margin (IRS SOI 2023).
How many businesses are in Wet Corn Milling?
70 business establishments. Together they employ 7,467 workers.
What is the average payroll per employee in Wet Corn Milling?
$105,162/yr average annual pay per employee. Businesses average 106.7 employees per establishment.
Which states have the most Wet Corn Milling employment?
Illinois leads with 811 workers.
How much SBA lending does Wet Corn Milling receive?
Wet Corn Milling businesses received 1 SBA loans totaling $1 million between FY2020 and FY2026. The average loan size was $719K. These loans supported 24 jobs at origination. Most lending (100%) 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 11% 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 Wet Corn Milling
- No margin data, check the parent industry. Browse Manufacturing
- 70 establishments, 7,467 workers. Payroll benchmarks
- 1 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 311221 · 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.