Manufacturing ·NAICS 31181

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 31181). Cross-checked against IRS SOI 2023 and Census County Business Patterns. Refreshed as new data lands.

Manufacturing (NAICS 31181) does not have profit margin data available in the current IRS SOI release. Census Bureau data identifies 12,298 business establishments employing 238,759 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 12,298 active establishments employing 238,759 workers, averaging 19.4 employees per location and paying $44,277/yr per employee annually. California leads the geographic distribution of employment, with New York and Texas 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 1,681 loans worth $803 million between FY2020 and FY2025, supporting 25,281 jobs at origination. The average ticket size — $477K — signals the typical capital gap operators bridge when expanding. The Huntington National Bank 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

238,759

Total employees (Census CBP)

Avg Payroll / Employee

$44,277/yr

Annual compensation

Establishments

12,298

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)
$10.6B
Avg Employees per Establishment
19.4

Sub-Industries

Industry Profit Margin
Manufacturing

NAICS 311811

N/A
Manufacturing

NAICS 311812

N/A
Manufacturing

NAICS 311813

N/A

Top States by Employment

State Employment
California 30,219
New York 17,365
Texas 16,345
Illinois 13,149
New Jersey 11,837
Pennsylvania 11,118
Florida 10,268
Georgia 10,150
Ohio 7,821
Indiana 7,732

Showing top 10 of 51 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

1,681

FY2020–2025

Total Loan Volume

$803M

7(a) + 504 programs

Avg Loan Size

$477K

Per approved loan

Jobs Supported

25,281

Reported at origination

Program Breakdown

7(a) Loans 1,537 loans (91%)
504 Loans 144 loans (9%)

Top SBA Lender

The Huntington National Bank

172 loans in this industry

New Business Share

45.3% of borrowers were new/startup businesses

Annual Lending Trend

FY2020
167 loans
FY2021
259 loans
FY2022
239 loans
FY2023
309 loans
FY2024
297 loans
FY2025
365 loans
FY2026
45 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 31181) 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 12,298 business establishments in Manufacturing (NAICS 31181) according to Census Bureau County Business Patterns 2023 data. These establishments collectively employ 238,759 workers.
What is the average payroll per employee in Manufacturing?
The average annual payroll per employee in Manufacturing is $44,277/yr, based on Census Bureau County Business Patterns data. Businesses in this industry average 19.4 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 30,219 workers. New York (17,365) and Texas (16,345) 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 1,681 SBA loans totaling $803 million between FY2020 and FY2025. The average loan size was $477K. These loans supported 25,281 jobs at origination. Most lending (91%) 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 31181 · 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