Employment
5,228
Total employees (Census CBP)
Manufacturing ·NAICS 313240
NAICS 313240 · IRS SOI 2023 · Census CBP
Knit Fabric Mills - Industry Benchmarks
$46,516/yr average annual pay, with 6 SBA loans on record for NAICS 313240.
- 6.7%
- Manufacturing sector margin
- 5K
- Workers employed
- $46,516/yr
- Avg payroll / employee
- $6M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 313240
North Carolina leads Knit Fabric Mills activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Manufacturing sector runs a 6.7% net margin.
- 6.7%
- Manufacturing sector margin (IRS SOI)
- 5K
- Workers employed (Census CBP)
- $46,516/yr
- Avg payroll / employee
- $6M
- SBA lending, FY20–26
Benchmarking Insights for Knit Fabric Mills
Knit Fabric Mills sits inside Manufacturing, a sector that runs a 6.7% net margin overall.
102 establishments employ 5,228 workers (51.3/location) at $46,516/yr average annual pay. North Carolina leads employment, followed by California and Wisconsin.
Avg Payroll / Employee
$46,516/yr
Annual compensation
Establishments
102
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment decreased by 50; establishment count decreased by 7. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Workforce scale
Financial Detail
- Annual Payroll (Total)
- $243.2M
- Avg Employees per Establishment
- 51.3
Top States by Employment
| State | Employment |
|---|---|
| North Carolina | 2,661 |
| California | 583 |
| Wisconsin | 154 |
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
6
Total Loan Volume
$6M
Avg Loan Size
$983K
Jobs Supported
81
Program Breakdown
7(a) 5 (83%)
504 1 (17%)
Top SBA Lender
TD Bank, National Association
2 loans in this industry
New Business Share
16.7% of borrowers were new/startup businesses
Annual Lending Trend (3 yrs)
2020 2
2022 3
2026 1
Frequently Asked Questions
How profitable is Knit Fabric Mills?
IRS SOI doesn't publish margin data at the NAICS 313240 level. North Carolina leads this industry nationally. The broader Manufacturing sector runs a 6.7% net margin (IRS SOI 2023).
How many businesses are in Knit Fabric Mills?
102 business establishments. Together they employ 5,228 workers.
What is the average payroll per employee in Knit Fabric Mills?
$46,516/yr average annual pay per employee. Businesses average 51.3 employees per establishment.
Which states have the most Knit Fabric Mills employment?
North Carolina leads with 2,661 workers. California (583) and Wisconsin (154) round out the top three.
How much SBA lending does Knit Fabric Mills receive?
Knit Fabric Mills businesses received 6 SBA loans totaling $6 million between FY2020 and FY2026. The average loan size was $983K. These loans supported 81 jobs at origination. Most lending (83%) 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: Its Census employment total exceeds 6% of that same 801-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 workforce scale
Same NAICS detail level, ordered by the smallest difference in reported Census employment.
Benchmarking Knit Fabric Mills
- No margin data, check the parent industry. Browse Manufacturing
- 102 establishments, 5,228 workers. Payroll benchmarks
- 6 SBA loans on record. SBA lending 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 313240 · 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.