Manufacturing ·NAICS 3151

NAICS 3151 · IRS SOI 2013 (C corp) · Census CBP 2023

Apparel Knitting Mills - Industry Benchmarks

$37,870/yr average annual pay, with 14 SBA loans on record for NAICS 3151.

3.5%
Net margin
8K
Workers employed
$37,870/yr
Avg payroll / employee
$8M
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 3151

Apparel Knitting Mills runs a 3.5% pre-tax net margin - below the national median - across 178 establishments employing 8K workers.

3.5%
Pre-tax net margin (IRS SOI)
8K
Workers employed (Census CBP)
$37,870/yr
Avg payroll / employee
$8M
SBA lending, FY20–26

Use Apparel Knitting Mills's NAICS benchmark as a comparison point, not a forecast for one business.

Apparel Knitting Mills 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 2013 (C corporation headline) and Census County Business Patterns 2023

Benchmarking Insights for Apparel Knitting Mills

Apparel Knitting Mills sits inside Manufacturing at a 3.5% net margin (below the national median), $9.0B in aggregate receipts across 237 returns, averaging $37.9B per establishment.

178 establishments employ 7,656 workers (43.0/location) at $37,870/yr average annual pay. North Carolina leads employment, followed by Tennessee and New York.

Apparel Knitting Mills sits in the 3rd percentile for employment and the 33rd percentile for net margin among 4-digit NAICS industries with reported data.

Profit Margin

3.5%

Net income ÷ total receipts (IRS SOI)

Total Receipts

$9.0B

Annual revenue (IRS SOI)

Net Income

$317.5M

Pre-tax net income

Employment

7,656

Total employees (Census CBP)

Avg Payroll / Employee

$37,870/yr

Annual compensation

Establishments

178

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 1,259; establishment count decreased by 18. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

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Where each dollar of Apparel Knitting Mills revenue goes

Workforce scale

Apparel Knitting Mills margin vs national reference points

Apparel Knitting Mills net margin 11.8%
Cross-industry median (5%)

p25/median/p75 = 3%/5%/7%

Business Structure Breakdown

Per-entity IRS SOI tables at their own vintages, shares only when every row shares one year (never mix 2013/2017/2022 populations).

C Corporation SOI 2013
237 returns 100%

Margin: 3.5% · Receipts: $9.0B

Financial Detail

Total Tax Returns Filed
237
Avg Receipts per Business
$37.9B
Annual Payroll (Total)
$289.9M
Avg Employees per Establishment
43.0

Sub-Industries

Industry Profit Margin
Hosiery and Sock Mills

NAICS 31511

 N/A
Other Apparel Knitting Mills

NAICS 31519

 N/A

Top States by Employment

State Employment
North Carolina 3,105
Tennessee 632
New York 103
Minnesota 98
Florida 70
Texas 19
Illinois 3

Showing top 10 of 14 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

14

Total Loan Volume

$8M

Avg Loan Size

$553K

Jobs Supported

83

Program Breakdown

7(a) 14 (100%)
504 0 (0%)

Top SBA Lender

Northeast Bank

3 loans in this industry

New Business Share

7.1% of borrowers were new/startup businesses

Annual Lending Trend (5 yrs)

2020
2
2022
2
2023
3
2024
2
2025
5

View SBA lending rankings →

Frequently Asked Questions

What is the average revenue for Apparel Knitting Mills?
$9.0B in total annual receipts across all Apparel Knitting Mills businesses. Average per business: $37.9B.
How profitable is Apparel Knitting Mills?
3.5% net profit margin, below the national median.
How many businesses are in Apparel Knitting Mills?
178 business establishments. Together they employ 7,656 workers.
What is the average payroll per employee in Apparel Knitting Mills?
$37,870/yr average annual pay per employee. Businesses average 43.0 employees per establishment.
Which states have the most Apparel Knitting Mills employment?
North Carolina leads with 3,105 workers. Tennessee (632) and New York (103) round out the top three.
How much SBA lending does Apparel Knitting Mills receive?
Apparel Knitting Mills businesses received 14 SBA loans totaling $8 million between FY2020 and FY2026. The average loan size was $553K. These loans supported 83 jobs at origination. Most lending (100%) came through the SBA 7(a) program.

Nationwide industries with similar benchmark drivers

Two IRS/Census peer sets for Apparel Knitting Mills, both at NAICS level 4 and excluding this code so the neighborhoods are not self-links.

According to Census County Business Patterns 2023, Apparel Knitting Mills ranks #251 of 259 U.S. industries at the 4-digit NAICS level by total employment. According to IRS SOI 2013 IRS Statistics of Income, its reported pre-tax net margin ranks #85 of 126 at that same detail level.

Similar reported net margin

Nearest peer industries by ABS(IRS pre-tax margin) (3.5% here).

Motor Vehicle Manufacturing 3.5% Chemical and Allied Products Merchant Wholesalers 3.5% Dairy Product Manufacturing 3.5%

Read with this industry: Understanding profit margins by industry · 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 3151 · CBP 2023 · IRS SOI 2013

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.