Manufacturing ·NAICS 31199

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 31199). Cross-checked against IRS SOI 2023 and Census County Business Patterns. Refreshed as new data lands.

Manufacturing (NAICS 31199) does not have profit margin data available in the current IRS SOI release. Census Bureau data identifies 1,904 business establishments employing 105,458 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 1,904 active establishments employing 105,458 workers, averaging 55.4 employees per location and paying $54,391/yr per employee annually. California leads the geographic distribution of employment, with Texas and Illinois 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 489 loans worth $434 million between FY2020 and FY2025, supporting 8,890 jobs at origination. The average ticket size — $888K — 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

105,458

Total employees (Census CBP)

Avg Payroll / Employee

$54,391/yr

Annual compensation

Establishments

1,904

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)
$5.7B
Avg Employees per Establishment
55.4

Sub-Industries

Industry Profit Margin
Manufacturing

NAICS 311991

N/A
Manufacturing

NAICS 311999

N/A

Top States by Employment

State Employment
California 21,462
Texas 6,243
Illinois 5,742
Ohio 5,352
Minnesota 4,752
Wisconsin 3,864
Arizona 3,831
New York 3,552
Iowa 3,209
Pennsylvania 2,741

Showing top 10 of 49 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

489

FY2020–2025

Total Loan Volume

$434M

7(a) + 504 programs

Avg Loan Size

$888K

Per approved loan

Jobs Supported

8,890

Reported at origination

Program Breakdown

7(a) Loans 389 loans (80%)
504 Loans 100 loans (20%)

Top SBA Lender

The Huntington National Bank

20 loans in this industry

New Business Share

18.8% of borrowers were new/startup businesses

Annual Lending Trend

FY2020
62 loans
FY2021
83 loans
FY2022
73 loans
FY2023
73 loans
FY2024
106 loans
FY2025
80 loans
FY2026
12 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 31199) 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 1,904 business establishments in Manufacturing (NAICS 31199) according to Census Bureau County Business Patterns 2023 data. These establishments collectively employ 105,458 workers.
What is the average payroll per employee in Manufacturing?
The average annual payroll per employee in Manufacturing is $54,391/yr, based on Census Bureau County Business Patterns data. Businesses in this industry average 55.4 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 21,462 workers. Texas (6,243) and Illinois (5,742) 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 489 SBA loans totaling $434 million between FY2020 and FY2025. The average loan size was $888K. These loans supported 8,890 jobs at origination. Most lending (80%) 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 31199 · 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