Employment
25,339
Total employees (Census CBP)
Manufacturing ·NAICS 311942
NAICS 311942 · IRS SOI (C corp) · Census CBP 2023
Spice and Extract Manufacturing - Industry Benchmarks
$74,455/yr average annual pay, with 53 SBA loans on record for NAICS 311942.
- 473
- Establishments
- 25K
- Workers employed
- $74,455/yr
- Avg payroll / employee
- $28M
- SBA lending, FY20–26
Data updated August 2026
The verdict · NAICS 311942
Illinois leads Spice and Extract Manufacturing activity nationally, across 473 establishments employing 25K workers. IRS SOI doesn't publish margin data at this NAICS level.
- 473
- Business establishments (Census)
- 25K
- Workers employed (Census CBP)
- $74,455/yr
- Avg payroll / employee
- $28M
- SBA lending, FY20–26
Use Spice and Extract Manufacturing's NAICS benchmark as a comparison point, not a forecast for one business.
Spice and Extract 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 (C corporation headline) and Census County Business Patterns 2023
Benchmarking Insights for Spice and Extract Manufacturing
Spice and Extract Manufacturing sits inside Manufacturing.
473 establishments employ 25,339 workers (53.6/location) at $74,455/yr average annual pay. Illinois leads employment, followed by Wisconsin and Texas.
Spice and Extract Manufacturing sits in the 37th percentile for employment among 6-digit NAICS industries with reported data.
Avg Payroll / Employee
$74,455/yr
Annual compensation
Establishments
473
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 2,211; establishment count increased by 2. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Subscribe to this industry's release updates (RSS)Workforce scale
Financial Detail
- Annual Payroll (Total)
- $1.9B
- Avg Employees per Establishment
- 53.6
Top States by Employment
| State | Employment |
|---|---|
| Illinois | 3,796 |
| Wisconsin | 1,726 |
| Texas | 1,455 |
| Missouri | 1,272 |
| New Jersey | 1,105 |
| Louisiana | 590 |
| New York | 528 |
| Washington | 379 |
| Colorado | 282 |
| Tennessee | 89 |
Showing top 10 of 37 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
53
Total Loan Volume
$28M
Avg Loan Size
$529K
Jobs Supported
345
Program Breakdown
7(a) 46 (87%)
504 7 (13%)
Top SBA Lender
Wells Fargo Bank National Association
5 loans in this industry
New Business Share
34.0% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 10
2021 12
2022 9
2023 6
2024 8
2025 7
2026 1
Frequently Asked Questions
How many businesses are in Spice and Extract Manufacturing?
473 business establishments. Together they employ 25,339 workers.
What is the average payroll per employee in Spice and Extract Manufacturing?
$74,455/yr average annual pay per employee. Businesses average 53.6 employees per establishment.
Which states have the most Spice and Extract Manufacturing employment?
Illinois leads with 3,796 workers. Wisconsin (1,726) and Texas (1,455) round out the top three.
How much SBA lending does Spice and Extract Manufacturing receive?
Spice and Extract Manufacturing businesses received 53 SBA loans totaling $28 million between FY2020 and FY2026. The average loan size was $529K. These loans supported 345 jobs at origination. Most lending (87%) came through the SBA 7(a) program.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Spice and Extract Manufacturing, both at NAICS level 6 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Spice and Extract Manufacturing ranks #508 of 801 U.S. industries at the 6-digit NAICS level by total employment.
Similar workforce scale
Nearest peer industries by ABS(Census employment) (25,339 here).
Read with this industry: Industry employment trends · 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 311942 · CBP 2023 · IRS SOI
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
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.