NAICS 3115 · IRS SOI 2013 (C corp) · Census CBP 2023

Dairy Product Manufacturing - Industry Benchmarks

$66,106/yr average annual pay, with 274 SBA loans on record for NAICS 3115.

3.5%
Net margin: 164K
Workers employed: $66,106/yr
Avg payroll / employee: $170M
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 3115

Dairy Product Manufacturing runs a 3.5% pre-tax net margin - below the national median - across 2K establishments employing 164K workers.

3.5%
Pre-tax net margin (IRS SOI): 164K
Workers employed (Census CBP): $66,106/yr
Avg payroll / employee: $170M
SBA lending, FY20–26

Use Dairy Product Manufacturing's NAICS benchmark as a comparison point, not a forecast for one business.

Dairy Product Manufacturing 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 2013 (C corporation headline) and Census County Business Patterns 2023

Benchmarking Insights for Dairy Product Manufacturing

Dairy Product Manufacturing sits inside Manufacturing at a 3.5% net margin (below the national median), $62.8B in aggregate receipts across 1,226 returns, averaging $51.2B per establishment.

1,750 establishments employ 164,416 workers (94.0/location) at $66,106/yr average annual pay. Wisconsin leads employment, followed by California and New York.

Dairy Product Manufacturing sits in the 45th percentile for employment and the 30th percentile for net margin among 4-digit NAICS industries with reported data.

Profit Margin

3.5%

Net income ÷ total receipts (IRS SOI)

Total Receipts

$62.8B

Annual revenue (IRS SOI)

Net Income

$2.2B

Pre-tax net income

Employment

164,416

Total employees (Census CBP)

Avg Payroll / Employee

$66,106/yr

Annual compensation

Establishments

1,750

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 1,821; establishment count increased by 30. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

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Where each dollar of Dairy Product Manufacturing revenue goes

Receipts decomposition, IRS Statistics of Income 2023 aggregate for Dairy Product Manufacturing

Workforce scale

Establishment size, Dairy Product Manufacturing (Census SUSB)

Dairy Product Manufacturing margin vs national reference points

Dairy Product Manufacturing net margin 11.5%

Cross-industry median (5%)

p25/median/p75 = 3%/5%/7%

Business Structure Breakdown

Per-entity IRS SOI tables at their own vintages, shares only when every row shares one year (never mix 2013/2017/2022 populations).

C Corporation SOI 2013

1,226 returns 100%

Margin: 3.5% · Receipts: $62.8B

Financial Detail

Total Tax Returns Filed: 1,226
Avg Receipts per Business: $51.2B
Annual Payroll (Total): $10.9B
Avg Employees per Establishment: 94.0

Sub-Industries

Industry	Profit Margin	Employment	Avg Payroll/Emp
Dairy Product (except Frozen) Manufacturing NAICS 31151	N/A	139,981	$67,133/yr
Ice Cream and Frozen Dessert Manufacturing NAICS 31152	N/A	24,435	$60,218/yr

Top States by Employment

State	Employment	Establishments	Annual Payroll	Avg Payroll/Emp
Wisconsin	28,286	228	$1.9B	$65,719/yr
California	19,347	233	$1.4B	$74,104/yr
New York	11,391	122	$730.2M	$64,106/yr
Texas	8,231	77	$479.3M	$58,232/yr
Pennsylvania	8,085	87	$434.3M	$53,722/yr
Illinois	5,527	93	$389.5M	$70,470/yr
Michigan	5,264	58	$364.6M	$69,267/yr
Idaho	4,773	30	$304.8M	$63,860/yr
Virginia	2,544	18	$182.5M	$71,737/yr
New Jersey	2,417	61	$150.4M	$62,206/yr

Showing top 10 of 47 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

274

Total Loan Volume

$170M

Avg Loan Size

$619K

Jobs Supported

5,091

Program Breakdown

7(a) 234 (85%)

504 40 (15%)

Top SBA Lender

The Huntington National Bank

17 loans in this industry

New Business Share

36.1% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020

2021

2022

2023

2024

2025

2026

View SBA lending rankings →

Frequently Asked Questions

What is the average revenue for Dairy Product Manufacturing?

$62.8B in total annual receipts across all Dairy Product Manufacturing businesses. Average per business: $51.2B.

How profitable is Dairy Product Manufacturing?

3.5% net profit margin, below the national median.

How many businesses are in Dairy Product Manufacturing?

1,750 business establishments. Together they employ 164,416 workers.

What is the average payroll per employee in Dairy Product Manufacturing?

$66,106/yr average annual pay per employee. Businesses average 94.0 employees per establishment.

Which states have the most Dairy Product Manufacturing employment?

Wisconsin leads with 28,286 workers. California (19,347) and New York (11,391) round out the top three.

How much SBA lending does Dairy Product Manufacturing receive?

Dairy Product Manufacturing businesses received 274 SBA loans totaling $170 million between FY2020 and FY2026. The average loan size was $619K. These loans supported 5,091 jobs at origination. Most lending (85%) came through the SBA 7(a) program.

Nationwide industries with similar benchmark drivers

Two IRS/Census peer sets for Dairy Product Manufacturing, both at NAICS level 4 and excluding this code so the neighborhoods are not self-links.

According to Census County Business Patterns 2023, Dairy Product Manufacturing ranks #143 of 259 U.S. industries at the 4-digit NAICS level by total employment. According to IRS SOI 2013 IRS Statistics of Income, its reported pre-tax net margin ranks #88 of 126 at that same detail level.

Similar reported net margin

Nearest peer industries by ABS(IRS pre-tax margin) (3.5% here).

Chemical and Allied Products Merchant Wholesalers 3.5% Motor Vehicle Manufacturing 3.5% Apparel Knitting Mills 3.5%

Similar workforce scale

Nearest peer industries by ABS(Census employment) (164,416 here).

Specialty Food Stores 166,164 Fruit and Vegetable Preserving and Specialty Food Manufacturing 166,936 Remediation and Other Waste Management Services 168,215

Read with this industry: Understanding profit margins by industry · 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 3115 · CBP 2023 · IRS SOI 2013

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 Accessed 2026-07-06

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.