Manufacturing ·NAICS 311421

2026 data Public-data reference. IRS SOI · Census CBP · 2023 Unknown margin

Manufacturing — Industry Benchmarks

Profit margins, payroll, employment, and SBA lending for Manufacturing (NAICS 311421). Cross-checked against IRS SOI 2023 and Census County Business Patterns. Refreshed as new data lands.

Manufacturing (NAICS 311421) does not have profit margin data available in the current IRS SOI release. Census Bureau data identifies 802 business establishments employing 44,903 workers nationwide.

Benchmarking Insights for Manufacturing

When you read the financial profile for Manufacturing, the number only becomes actionable when paired with scale. This industry sits inside the broader Manufacturing sector and reports N/A of aggregate annual receipts. Owners comparing their own books should read the margin as a midpoint — smaller operators typically run several points below the aggregate because fixed overhead (rent, software, insurance) consumes a larger share of lower revenue bases. Treat the industry figure as a ceiling calibrated by businesses that have already achieved operating leverage.

Labor economics tell the second half of the story. Census CBP shows 802 active establishments employing 44,903 workers, averaging 56.0 employees per location and paying $64,898/yr per employee annually. California leads the geographic distribution of employment, with Texas and Kentucky rounding out the top three concentrations. Headcount density matters because thin-margin industries only clear the cash-flow bar when establishments reach the staffing level where fixed costs amortize — a useful cross-check against the margin line above.

Capital access is the third lens. SBA 7(a) and 504 approvals for this industry totaled 54 loans worth $20 million between FY2020 and FY2025, supporting 473 jobs at origination. The average ticket size — $376K — signals the typical capital gap operators bridge when expanding. Newtek Bank, National Association ranks as the most active SBA lender serving this NAICS code. Use this alongside the IRS and Census figures to decide whether your own plan should target operational efficiency, workforce expansion, or financed growth.

Profit Margin

N/A

Net income ÷ total receipts (IRS SOI)

Total Receipts

N/A

Annual revenue (IRS SOI)

Net Income

N/A

Pre-tax net income

Employment

44,903

Total employees (Census CBP)

Avg Payroll / Employee

$64,898/yr

Annual compensation

Establishments

802

Business locations

Workforce scale

Establishment-size distribution and per-establishment headcount based on Census Statistics of US Businesses (SUSB) typical strata.

Financial Detail

Total Tax Returns Filed
N/A
Total Deductions
N/A
Avg Receipts per Business
N/A
Annual Payroll (Total)
$2.9B
Avg Employees per Establishment
56.0

Top States by Employment

State Employment
California 9,436
Texas 2,763
Kentucky 1,716
New Jersey 1,076
Oregon 850
Minnesota 668
Arkansas 184
New Mexico 140
Montana 107
Vermont 87

Showing top 10 of 42 states

SBA Lending Activity

FY2020–2025

Small Business Administration 7(a) and 504 loan data for this industry. Source: SBA FOIA dataset.

SBA Loans Approved

54

FY2020–2025

Total Loan Volume

$20M

7(a) + 504 programs

Avg Loan Size

$376K

Per approved loan

Jobs Supported

473

Reported at origination

Program Breakdown

7(a) Loans 51 loans (94%)
504 Loans 3 loans (6%)

Top SBA Lender

Newtek Bank, National Association

6 loans in this industry

New Business Share

13.0% of borrowers were new/startup businesses

Annual Lending Trend

FY2020
4 loans
FY2021
8 loans
FY2022
9 loans
FY2023
8 loans
FY2024
12 loans
FY2025
11 loans
FY2026
2 loans

SBA fiscal year runs Oct–Sep. FY2025 = partial year through Sep 2025.

Source: SBA 7(a) and 504 FOIA dataset · FY2020–FY2025 · View SBA lending rankings →

Frequently Asked Questions

What is the average revenue for Manufacturing?
Revenue data for Manufacturing (NAICS 311421) is not available in the current IRS SOI dataset.
How profitable is Manufacturing?
Profitability data for Manufacturing is not available in the current dataset.
How many businesses are in Manufacturing?
There are 802 business establishments in Manufacturing (NAICS 311421) according to Census Bureau County Business Patterns 2023 data. These establishments collectively employ 44,903 workers.
What is the average payroll per employee in Manufacturing?
The average annual payroll per employee in Manufacturing is $64,898/yr, based on Census Bureau County Business Patterns data. Businesses in this industry average 56.0 employees per establishment. This figure includes wages, salaries, and benefits reported by employers.
Which states have the most Manufacturing employment?
California leads in Manufacturing employment with 9,436 workers. Texas (2,763) and Kentucky (1,716) round out the top three. These figures come from the Census Bureau County Business Patterns 2023 survey.
How much SBA lending does Manufacturing receive?
Manufacturing businesses received 54 SBA loans totaling $20 million between FY2020 and FY2025. The average loan size was $376K. These loans supported 473 jobs at origination. Most lending (94%) came through the SBA 7(a) program.
Disclaimer: PlainBizBench provides publicly available IRS and Census data for informational purposes only. This is not financial, tax, or business advice. Consult a qualified accountant or financial advisor for business-specific guidance.

Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023

NAICS 311421 · Data year: 2023

Related

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainBizBench Editorial

Source: U.S. Census Bureau — County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2025