Manufacturing ·NAICS 31511

NAICS 31511 · IRS SOI (C corp) · Census CBP 2023

Hosiery and Sock Mills - Industry Benchmarks

$37,320/yr average annual pay, with 1 SBA loans on record for NAICS 31511.

89
Establishments
6K
Workers employed
$37,320/yr
Avg payroll / employee
$1M
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 31511

North Carolina leads Hosiery and Sock Mills activity nationally, across 89 establishments employing 6K workers. IRS SOI doesn't publish margin data at this NAICS level.

89
Business establishments (Census)
6K
Workers employed (Census CBP)
$37,320/yr
Avg payroll / employee
$1M
SBA lending, FY20–26

Use Hosiery and Sock Mills's NAICS benchmark as a comparison point, not a forecast for one business.

Hosiery and Sock 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 (C corporation headline) and Census County Business Patterns 2023

Benchmarking Insights for Hosiery and Sock Mills

Hosiery and Sock Mills sits inside Manufacturing.

89 establishments employ 5,521 workers (62.0/location) at $37,320/yr average annual pay. North Carolina leads employment.

Employment

5,521

Total employees (Census CBP)

Avg Payroll / Employee

$37,320/yr

Annual compensation

Establishments

89

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 720; establishment count decreased by 9. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

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Workforce scale

Financial Detail

Annual Payroll (Total)
$206.0M
Avg Employees per Establishment
62.0

Sub-Industries

Industry Profit Margin
Hosiery and Sock Mills

NAICS 315110

N/A

Top States by Employment

State Employment
North Carolina 2,823

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

1

Total Loan Volume

$1M

Avg Loan Size

$1050K

Jobs Supported

12

Program Breakdown

7(a) 1 (100%)
504 0 (0%)

Top SBA Lender

Banesco USA

1 loans in this industry

New Business Share

0.0% of borrowers were new/startup businesses

Frequently Asked Questions

How many businesses are in Hosiery and Sock Mills?
89 business establishments. Together they employ 5,521 workers.
What is the average payroll per employee in Hosiery and Sock Mills?
$37,320/yr average annual pay per employee. Businesses average 62.0 employees per establishment.
Which states have the most Hosiery and Sock Mills employment?
North Carolina leads with 2,823 workers.
How much SBA lending does Hosiery and Sock Mills receive?
Hosiery and Sock Mills businesses received 1 SBA loans totaling $1 million between FY2020 and FY2026. The average loan size was $1050K. These loans supported 12 jobs at origination. Most lending (100%) 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 4% of that same 551-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 Hosiery and Sock 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 31511 · 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.

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.