Manufacturing ·NAICS 313

NAICS 313 · IRS SOI 2023 · Census CBP

Textile Mills - Industry Benchmarks

$52,239/yr average annual pay, with 101 SBA loans on record for NAICS 313.

2.8%
Net margin
80K
Workers employed
$52,239/yr
Avg payroll / employee
$47M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 313

Textile Mills runs a 2.8% pre-tax net margin - significantly below average, typical of high-volume, low-margin sectors - across 2K establishments employing 80K workers.

2.8%
Pre-tax net margin (IRS SOI)
80K
Workers employed (Census CBP)
$52,239/yr
Avg payroll / employee
$47M
SBA lending, FY20–26

Benchmarking Insights for Textile Mills

Textile Mills sits inside Manufacturing at a 2.8% net margin (significantly below average, typical of high-volume, low-margin sectors), $15.6B in aggregate receipts across 2,311 returns, averaging $6.7B per establishment.

1,703 establishments employ 79,765 workers (46.8/location) at $52,239/yr average annual pay. North Carolina leads employment, followed by South Carolina and Georgia.

Profit Margin

2.8%

Net income ÷ total receipts (IRS SOI)

Total Receipts

$15.6B

Annual revenue (IRS SOI)

Net Income

$442.0M

Pre-tax net income

Employment

79,765

Total employees (Census CBP)

Avg Payroll / Employee

$52,239/yr

Annual compensation

Establishments

1,703

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 3,975; establishment count decreased by 83. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

Where each dollar of Textile Mills revenue goes

Workforce scale

Textile Mills margin vs national reference points

Textile Mills net margin 9.5%
Cross-industry median (5%)

p25/median/p75 = 3%/5%/8%

Business Structure Breakdown

How businesses in this industry are legally structured (IRS SOI)

C Corporation
2,311 returns 100%

Margin: 2.8% · Receipts: $15.6B

Financial Detail

Total Tax Returns Filed
2,311
Avg Receipts per Business
$6.7B
Annual Payroll (Total)
$4.2B
Avg Employees per Establishment
46.8

Sub-Industries

Industry Profit Margin
Fabric Mills

NAICS 3132

 N/A
Fiber, Yarn, and Thread Mills

NAICS 3131

 N/A
Textile and Fabric Finishing and Fabric Coating Mills

NAICS 3133

 N/A

Top States by Employment

State Employment
North Carolina 23,872
South Carolina 11,455
Georgia 10,071
California 4,084
Tennessee 2,802
Massachusetts 1,937
Ohio 1,336
Rhode Island 1,213
Indiana 937
Illinois 887

Showing top 10 of 44 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

101

Total Loan Volume

$47M

Avg Loan Size

$466K

Jobs Supported

823

Program Breakdown

7(a) 95 (94%)
504 6 (6%)

Top SBA Lender

TD Bank, National Association

11 loans in this industry

New Business Share

28.7% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
13
2021
20
2022
13
2023
18
2024
16
2025
18
2026
3

View SBA lending rankings →

Frequently Asked Questions

What is the average revenue for Textile Mills?
$15.6B in total annual receipts across all Textile Mills businesses. Average per business: $6.7B.
How profitable is Textile Mills?
2.8% net profit margin, significantly below average, typical of high-volume, low-margin sectors.
How many businesses are in Textile Mills?
1,703 business establishments. Together they employ 79,765 workers.
What is the average payroll per employee in Textile Mills?
$52,239/yr average annual pay per employee. Businesses average 46.8 employees per establishment.
Which states have the most Textile Mills employment?
North Carolina leads with 23,872 workers. South Carolina (11,455) and Georgia (10,071) round out the top three.
How much SBA lending does Textile Mills receive?
Textile Mills businesses received 101 SBA loans totaling $47 million between FY2020 and FY2026. The average loan size was $466K. These loans supported 823 jobs at origination. Most lending (94%) 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: Textile Mills reports a higher net margin than 20% of the 79 IRS-tracked industries at the same NAICS detail level. Its Census employment total exceeds 10% of that same 77-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 reported net margins

Same NAICS detail level, ordered by the smallest difference in reported IRS pre-tax margin.

Closest workforce scale

Same NAICS detail level, ordered by the smallest difference in reported Census employment.

Benchmarking Textile Mills

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 313 · 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.

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.