Manufacturing ·NAICS 311221

NAICS 311221 · IRS SOI (C corp) · Census CBP 2023

Wet Corn Milling - Industry Benchmarks

$105,162/yr average annual pay, with 1 SBA loans on record for NAICS 311221.

70
Establishments
7K
Workers employed
$105,162/yr
Avg payroll / employee
$1M
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 311221

Illinois leads Wet Corn Milling activity nationally, across 70 establishments employing 7K workers. IRS SOI doesn't publish margin data at this NAICS level.

70
Business establishments (Census)
7K
Workers employed (Census CBP)
$105,162/yr
Avg payroll / employee
$1M
SBA lending, FY20–26

Use Wet Corn Milling's NAICS benchmark as a comparison point, not a forecast for one business.

Wet Corn 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 Wet Corn Milling

Wet Corn Milling sits inside Manufacturing.

70 establishments employ 7,467 workers (106.7/location) at $105,162/yr average annual pay. Illinois leads employment.

Wet Corn Milling sits in the 11th percentile for employment among 6-digit NAICS industries with reported data.

Employment

7,467

Total employees (Census CBP)

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.

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Workforce scale

Financial Detail

Annual Payroll (Total)
$785.2M
Avg Employees per Establishment
106.7

Top States by Employment

State Employment
Illinois 811
Nebraska 771

SBA Lending Activity

SBA FY2020–2026

SBA 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 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.

Nationwide industries with similar benchmark drivers

Two IRS/Census peer sets for Wet Corn Milling, both at NAICS level 6 and excluding this code so the neighborhoods are not self-links.

According to Census County Business Patterns 2023, Wet Corn Milling ranks #716 of 801 U.S. industries at the 6-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 311221 · 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.