NAICS 3118 · IRS SOI 2013 (C corp) · Census CBP 2023

Bakeries and Tortilla Manufacturing - Industry Benchmarks

$46,744/yr average annual pay, with 1,839 SBA loans on record for NAICS 3118.

4.3%
Net margin: 318K
Workers employed: $46,744/yr
Avg payroll / employee: $900M
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 3118

Bakeries and Tortilla Manufacturing runs a 4.3% pre-tax net margin - below the national median - across 14K establishments employing 318K workers.

4.3%
Pre-tax net margin (IRS SOI): 318K
Workers employed (Census CBP): $46,744/yr
Avg payroll / employee: $900M
SBA lending, FY20–26

Use Bakeries and Tortilla Manufacturing's NAICS benchmark as a comparison point, not a forecast for one business.

Bakeries and Tortilla 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 Bakeries and Tortilla Manufacturing

Bakeries and Tortilla Manufacturing sits inside Manufacturing at a 4.3% net margin (below the national median), $49.4B in aggregate receipts across 3,572 returns, averaging $13.8B per establishment.

13,577 establishments employ 318,225 workers (23.4/location) at $46,744/yr average annual pay. California leads employment, followed by Texas and Illinois.

Bakeries and Tortilla Manufacturing sits in the 66th percentile for employment and the 40th percentile for net margin among 4-digit NAICS industries with reported data.

Profit Margin

4.3%

Net income ÷ total receipts (IRS SOI)

Total Receipts

$49.4B

Annual revenue (IRS SOI)

Net Income

$2.1B

Pre-tax net income

Employment

318,225

Total employees (Census CBP)

Avg Payroll / Employee

$46,744/yr

Annual compensation

Establishments

13,577

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 13,493; establishment count increased by 367. 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 Bakeries and Tortilla Manufacturing revenue goes

Receipts decomposition, IRS Statistics of Income 2023 aggregate for Bakeries and Tortilla Manufacturing

Workforce scale

Establishment size, Bakeries and Tortilla Manufacturing (Census SUSB)

Bakeries and Tortilla Manufacturing margin vs national reference points

Bakeries and Tortilla Manufacturing net margin 14.2%

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

3,572 returns 100%

Margin: 4.3% · Receipts: $49.4B

Financial Detail

Total Tax Returns Filed: 3,572
Avg Receipts per Business: $13.8B
Annual Payroll (Total): $14.9B
Avg Employees per Establishment: 23.4

Sub-Industries

Industry	Profit Margin	Employment	Avg Payroll/Emp
Bread and Bakery Product Manufacturing NAICS 31181	N/A	238,759	$44,277/yr
Cookie, Cracker, and Pasta Manufacturing NAICS 31182	N/A	58,388	$56,852/yr
Tortilla Manufacturing NAICS 31183	N/A	21,078	N/A

Top States by Employment

State	Employment	Establishments	Annual Payroll	Avg Payroll/Emp
California	39,695	2,021	$1.8B	$46,215/yr
Texas	22,738	1,112	$957.6M	$42,115/yr
Illinois	20,623	631	$1.1B	$54,330/yr
New York	20,451	1,262	$862.9M	$42,194/yr
New Jersey	15,523	646	$727.0M	$46,835/yr
Georgia	13,227	349	$651.8M	$49,277/yr
Ohio	11,766	445	$558.1M	$47,436/yr
Florida	11,526	684	$501.7M	$43,526/yr
North Carolina	10,496	383	N/A	N/A
Indiana	9,346	216	$419.9M	$44,932/yr

Showing top 10 of 51 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

1,839

Total Loan Volume

$900M

Avg Loan Size

$489K

Jobs Supported

27,566

Program Breakdown

7(a) 1,680 (91%)

504 159 (9%)

Top SBA Lender

The Huntington National Bank

188 loans in this industry

New Business Share

44.4% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020

191

2021

271

2022

264

2023

334

2024

325

2025

405

2026

View SBA lending rankings →

Frequently Asked Questions

What is the average revenue for Bakeries and Tortilla Manufacturing?

$49.4B in total annual receipts across all Bakeries and Tortilla Manufacturing businesses. Average per business: $13.8B.

How profitable is Bakeries and Tortilla Manufacturing?

4.3% net profit margin, below the national median.

How many businesses are in Bakeries and Tortilla Manufacturing?

13,577 business establishments. Together they employ 318,225 workers.

What is the average payroll per employee in Bakeries and Tortilla Manufacturing?

$46,744/yr average annual pay per employee. Businesses average 23.4 employees per establishment.

Which states have the most Bakeries and Tortilla Manufacturing employment?

California leads with 39,695 workers. Texas (22,738) and Illinois (20,623) round out the top three.

How much SBA lending does Bakeries and Tortilla Manufacturing receive?

Bakeries and Tortilla Manufacturing businesses received 1,839 SBA loans totaling $900 million between FY2020 and FY2026. The average loan size was $489K. These loans supported 27,566 jobs at origination. Most lending (91%) came through the SBA 7(a) program.

Nationwide industries with similar benchmark drivers

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

According to Census County Business Patterns 2023, Bakeries and Tortilla Manufacturing ranks #89 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 #75 of 126 at that same detail level.

Similar reported net margin

Nearest peer industries by ABS(IRS pre-tax margin) (4.3% here).

Other Specialty Trade Contractors 4.2% Advertising, Public Relations, and Related Services 4.3% Architectural, Engineering, and Related Services 4.2%

Similar workforce scale

Nearest peer industries by ABS(Census employment) (318,225 here).

Pharmaceutical and Medicine Manufacturing 321,068 Highway, Street, and Bridge Construction 314,940 Other General Purpose Machinery Manufacturing 322,023

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 3118 · 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.