Manufacturing ·NAICS 31611

NAICS 31611 · IRS SOI 2023 · Census CBP

Leather and Hide Tanning and Finishing - Industry Benchmarks

$57,486/yr average annual pay, with 14 SBA loans on record for NAICS 31611.

6.7%
Manufacturing sector margin
3K
Workers employed
$57,486/yr
Avg payroll / employee
$5M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 31611

New York leads Leather and Hide Tanning and Finishing 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)
3K
Workers employed (Census CBP)
$57,486/yr
Avg payroll / employee
$5M
SBA lending, FY20–26

Benchmarking Insights for Leather and Hide Tanning and Finishing

Leather and Hide Tanning and Finishing sits inside Manufacturing, a sector that runs a 6.7% net margin overall.

152 establishments employ 2,884 workers (19.0/location) at $57,486/yr average annual pay. New York leads employment, followed by Missouri and Wisconsin.

Employment

2,884

Total employees (Census CBP)

Avg Payroll / Employee

$57,486/yr

Annual compensation

Establishments

152

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 237; establishment count decreased by 15. 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)
$165.8M
Avg Employees per Establishment
19.0

Sub-Industries

Industry Profit Margin
Leather and Hide Tanning and Finishing

NAICS 316110

N/A

Top States by Employment

State Employment
New York 449
Missouri 384
Wisconsin 290
Illinois 198
Georgia 69
California 56
Montana 21
Utah 6
Alaska 2

Showing top 10 of 22 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

14

Total Loan Volume

$5M

Avg Loan Size

$358K

Jobs Supported

79

Program Breakdown

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

Top SBA Lender

The Huntington National Bank

3 loans in this industry

New Business Share

28.6% of borrowers were new/startup businesses

Annual Lending Trend (6 yrs)

2020
2
2021
2
2022
4
2023
2
2024
2
2025
2

Frequently Asked Questions

How profitable is Leather and Hide Tanning and Finishing?
IRS SOI doesn't publish margin data at the NAICS 31611 level. New York leads this industry nationally. The broader Manufacturing sector runs a 6.7% net margin (IRS SOI 2023).
How many businesses are in Leather and Hide Tanning and Finishing?
152 business establishments. Together they employ 2,884 workers.
What is the average payroll per employee in Leather and Hide Tanning and Finishing?
$57,486/yr average annual pay per employee. Businesses average 19.0 employees per establishment.
Which states have the most Leather and Hide Tanning and Finishing employment?
New York leads with 449 workers. Missouri (384) and Wisconsin (290) round out the top three.
How much SBA lending does Leather and Hide Tanning and Finishing receive?
Leather and Hide Tanning and Finishing businesses received 14 SBA loans totaling $5 million between FY2020 and FY2026. The average loan size was $358K. These loans supported 79 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 2% 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 Leather and Hide Tanning and Finishing

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 31611 · 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.

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.