Manufacturing ·NAICS 324191

NAICS 324191 · IRS SOI 2023 · Census CBP

Petroleum Lubricating Oil and Grease Manufacturing - Industry Benchmarks

$89,037/yr average annual pay, with 23 SBA loans on record for NAICS 324191.

283
Establishments
14K
Workers employed
$89,037/yr
Avg payroll / employee
$24M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 324191

Louisiana leads Petroleum Lubricating Oil and Grease Manufacturing activity nationally, across 283 establishments employing 14K workers. IRS SOI doesn't publish margin data at this NAICS level.

283
Business establishments (Census)
14K
Workers employed (Census CBP)
$89,037/yr
Avg payroll / employee
$24M
SBA lending, FY20–26

Benchmarking Insights for Petroleum Lubricating Oil and Grease Manufacturing

Petroleum Lubricating Oil and Grease Manufacturing sits inside Manufacturing.

283 establishments employ 13,925 workers (49.2/location) at $89,037/yr average annual pay. Louisiana leads employment, followed by Kansas and California.

Employment

13,925

Total employees (Census CBP)

Avg Payroll / Employee

$89,037/yr

Annual compensation

Establishments

283

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 1,600; establishment count decreased by 1. 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)
$1.2B
Avg Employees per Establishment
49.2

Top States by Employment

State Employment
Louisiana 1,104
Kansas 841
California 559
Pennsylvania 535
New Jersey 469
Missouri 436
Arkansas 316
New York 207
Minnesota 72
Colorado 20

Showing top 10 of 24 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

23

Total Loan Volume

$24M

Avg Loan Size

$1032K

Jobs Supported

206

Program Breakdown

7(a) 17 (74%)
504 6 (26%)

Top SBA Lender

BayFirst National Bank

3 loans in this industry

New Business Share

8.7% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
6
2021
3
2022
1
2023
6
2024
4
2025
1
2026
2

Frequently Asked Questions

How many businesses are in Petroleum Lubricating Oil and Grease Manufacturing?
283 business establishments. Together they employ 13,925 workers.
What is the average payroll per employee in Petroleum Lubricating Oil and Grease Manufacturing?
$89,037/yr average annual pay per employee. Businesses average 49.2 employees per establishment.
Which states have the most Petroleum Lubricating Oil and Grease Manufacturing employment?
Louisiana leads with 1,104 workers. Kansas (841) and California (559) round out the top three.
How much SBA lending does Petroleum Lubricating Oil and Grease Manufacturing receive?
Petroleum Lubricating Oil and Grease Manufacturing businesses received 23 SBA loans totaling $24 million between FY2020 and FY2026. The average loan size was $1032K. These loans supported 206 jobs at origination. Most lending (74%) 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 22% 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 Petroleum Lubricating Oil and Grease Manufacturing

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 324191 · 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.