Manufacturing ·NAICS 316

NAICS 316 · IRS SOI 2013 (C corp) · Census CBP 2023

Leather and Allied Product Manufacturing - Industry Benchmarks

$45,182/yr average annual pay, with 99 SBA loans on record for NAICS 316.

4.5%
Net margin
23K
Workers employed
$45,182/yr
Avg payroll / employee
$34M
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 316

Leather and Allied Product Manufacturing runs a 4.5% pre-tax net margin - below the national median - across 986 establishments employing 23K workers.

4.5%
Pre-tax net margin (IRS SOI)
23K
Workers employed (Census CBP)
$45,182/yr
Avg payroll / employee
$34M
SBA lending, FY20–26

Use Leather and Allied Product Manufacturing's NAICS benchmark as a comparison point, not a forecast for one business.

Leather and Allied Product Manufacturing 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 Leather and Allied Product Manufacturing

Leather and Allied Product Manufacturing sits inside Manufacturing at a 4.5% net margin (below the national median), $10.8B in aggregate receipts across 1,477 returns, averaging $7.3B per establishment.

986 establishments employ 22,970 workers (23.3/location) at $45,182/yr average annual pay. Texas leads employment, followed by California and Wisconsin.

Leather and Allied Product Manufacturing sits in the 3rd percentile for employment and the 45th percentile for net margin among 3-digit NAICS industries with reported data.

Profit Margin

4.5%

Net income ÷ total receipts (IRS SOI)

Total Receipts

$10.8B

Annual revenue (IRS SOI)

Net Income

$485.6M

Pre-tax net income

Employment

22,970

Total employees (Census CBP)

Avg Payroll / Employee

$45,182/yr

Annual compensation

Establishments

986

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 2,136; establishment count decreased by 90. 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 Leather and Allied Product Manufacturing revenue goes

Workforce scale

Leather and Allied Product Manufacturing margin vs national reference points

Leather and Allied Product Manufacturing net margin 14.9%
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
1,477 returns 100%

Margin: 4.5% · Receipts: $10.8B

Financial Detail

Total Tax Returns Filed
1,477
Avg Receipts per Business
$7.3B
Annual Payroll (Total)
$1.0B
Avg Employees per Establishment
23.3

Sub-Industries

Industry Profit Margin
Footwear Manufacturing

NAICS 3162

 N/A
Leather and Hide Tanning and Finishing

NAICS 3161

 N/A
Other Leather and Allied Product Manufacturing

NAICS 3169

 N/A

Top States by Employment

State Employment
Texas 4,506
California 2,138
Wisconsin 1,139
Illinois 973
New York 918
Missouri 894
Pennsylvania 758
New Hampshire 238
Colorado 163
Utah 151

Showing top 10 of 44 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

99

Total Loan Volume

$34M

Avg Loan Size

$340K

Jobs Supported

475

Program Breakdown

7(a) 88 (89%)
504 11 (11%)

Top SBA Lender

The Huntington National Bank

6 loans in this industry

New Business Share

20.2% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
16
2021
14
2022
10
2023
12
2024
20
2025
25
2026
2

View SBA lending rankings →

Frequently Asked Questions

What is the average revenue for Leather and Allied Product Manufacturing?
$10.8B in total annual receipts across all Leather and Allied Product Manufacturing businesses. Average per business: $7.3B.
How profitable is Leather and Allied Product Manufacturing?
4.5% net profit margin, below the national median.
How many businesses are in Leather and Allied Product Manufacturing?
986 business establishments. Together they employ 22,970 workers.
What is the average payroll per employee in Leather and Allied Product Manufacturing?
$45,182/yr average annual pay per employee. Businesses average 23.3 employees per establishment.
Which states have the most Leather and Allied Product Manufacturing employment?
Texas leads with 4,506 workers. California (2,138) and Wisconsin (1,139) round out the top three.
How much SBA lending does Leather and Allied Product Manufacturing receive?
Leather and Allied Product Manufacturing businesses received 99 SBA loans totaling $34 million between FY2020 and FY2026. The average loan size was $340K. These loans supported 475 jobs at origination. Most lending (89%) came through the SBA 7(a) program.

Nationwide industries with similar benchmark drivers

Two IRS/Census peer sets for Leather and Allied Product Manufacturing, both at NAICS level 3 and excluding this code so the neighborhoods are not self-links.

According to Census County Business Patterns 2023, Leather and Allied Product Manufacturing ranks #75 of 77 U.S. industries at the 3-digit NAICS level by total employment. According to IRS SOI 2013 IRS Statistics of Income, its reported pre-tax net margin ranks #41 of 75 at that same detail level.

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 316 · 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.