Manufacturing ·NAICS 311520

NAICS 311520 · IRS SOI 2023 · Census CBP

Ice Cream and Frozen Dessert Manufacturing - Industry Benchmarks

$60,218/yr average annual pay, with 206 SBA loans on record for NAICS 311520.

6.7%
Manufacturing sector margin
24K
Workers employed
$60,218/yr
Avg payroll / employee
$93M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 311520

New York leads Ice Cream and Frozen Dessert 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)
24K
Workers employed (Census CBP)
$60,218/yr
Avg payroll / employee
$93M
SBA lending, FY20–26

Benchmarking Insights for Ice Cream and Frozen Dessert Manufacturing

Ice Cream and Frozen Dessert Manufacturing sits inside Manufacturing, a sector that runs a 6.7% net margin overall.

514 establishments employ 24,435 workers (47.5/location) at $60,218/yr average annual pay. New York leads employment, followed by Michigan and Minnesota.

Employment

24,435

Total employees (Census CBP)

Avg Payroll / Employee

$60,218/yr

Annual compensation

Establishments

514

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 1,035; establishment count increased by 26. 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)
$1.5B
Avg Employees per Establishment
47.5

Top States by Employment

State Employment
New York 1,648
Michigan 751
Minnesota 728
Florida 652
Oregon 533
Alabama 503
New Jersey 196
Virginia 82

Showing top 10 of 32 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

206

Total Loan Volume

$93M

Avg Loan Size

$452K

Jobs Supported

3,186

Program Breakdown

7(a) 185 (90%)
504 21 (10%)

Top SBA Lender

The Huntington National Bank

16 loans in this industry

New Business Share

42.7% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
15
2021
20
2022
30
2023
39
2024
48
2025
49
2026
5

Frequently Asked Questions

How profitable is Ice Cream and Frozen Dessert Manufacturing?
IRS SOI doesn't publish margin data at the NAICS 311520 level. New York leads this industry nationally. The broader Manufacturing sector runs a 6.7% net margin (IRS SOI 2023).
How many businesses are in Ice Cream and Frozen Dessert Manufacturing?
514 business establishments. Together they employ 24,435 workers.
What is the average payroll per employee in Ice Cream and Frozen Dessert Manufacturing?
$60,218/yr average annual pay per employee. Businesses average 47.5 employees per establishment.
Which states have the most Ice Cream and Frozen Dessert Manufacturing employment?
New York leads with 1,648 workers. Michigan (751) and Minnesota (728) round out the top three.
How much SBA lending does Ice Cream and Frozen Dessert Manufacturing receive?
Ice Cream and Frozen Dessert Manufacturing businesses received 206 SBA loans totaling $93 million between FY2020 and FY2026. The average loan size was $452K. These loans supported 3,186 jobs at origination. Most lending (90%) 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 35% 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 Ice Cream and Frozen Dessert Manufacturing

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 311520 · 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.

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.