Transportation and Warehousing ·NAICS 4853

NAICS 4853 · IRS SOI 2023 · Census CBP

Taxi and Limousine Service - Industry Benchmarks

$49,844/yr average annual pay, with 531 SBA loans on record for NAICS 4853.

6.0%
Transportation and Warehousing sector margin
52K
Workers employed
$49,844/yr
Avg payroll / employee
$115M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 4853

New York leads Taxi and Limousine Service activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Transportation and Warehousing sector runs a 6.0% net margin.

6.0%
Transportation and Warehousing sector margin (IRS SOI)
52K
Workers employed (Census CBP)
$49,844/yr
Avg payroll / employee
$115M
SBA lending, FY20–26

Benchmarking Insights for Taxi and Limousine Service

Taxi and Limousine Service sits inside Transportation and Warehousing, a sector that runs a 6.0% net margin overall.

7,747 establishments employ 51,826 workers (6.7/location) at $49,844/yr average annual pay. New York leads employment, followed by California and Massachusetts.

Employment

51,826

Total employees (Census CBP)

Avg Payroll / Employee

$49,844/yr

Annual compensation

Establishments

7,747

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 4,429; establishment count increased by 360. 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)
$2.6B
Avg Employees per Establishment
6.7

Sub-Industries

Industry Profit Margin
Limousine Service

NAICS 48532

N/A
Taxi Service

NAICS 48531

N/A

Top States by Employment

State Employment
New York 7,710
California 7,128
Massachusetts 3,526
New Jersey 2,517
Florida 2,503
Texas 2,198
Illinois 1,817
Pennsylvania 1,507
Virginia 1,405
Ohio 1,326

Showing top 10 of 51 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

531

Total Loan Volume

$115M

Avg Loan Size

$216K

Jobs Supported

3,505

Program Breakdown

7(a) 511 (96%)
504 20 (4%)

Top SBA Lender

TD Bank, National Association

110 loans in this industry

New Business Share

26.0% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
47
2021
44
2022
63
2023
105
2024
135
2025
121
2026
16

Frequently Asked Questions

How profitable is Taxi and Limousine Service?
IRS SOI doesn't publish margin data at the NAICS 4853 level. New York leads this industry nationally. The broader Transportation and Warehousing sector runs a 6.0% net margin (IRS SOI 2023).
How many businesses are in Taxi and Limousine Service?
7,747 business establishments. Together they employ 51,826 workers.
What is the average payroll per employee in Taxi and Limousine Service?
$49,844/yr average annual pay per employee. Businesses average 6.7 employees per establishment.
Which states have the most Taxi and Limousine Service employment?
New York leads with 7,710 workers. California (7,128) and Massachusetts (3,526) round out the top three.
How much SBA lending does Taxi and Limousine Service receive?
Taxi and Limousine Service businesses received 531 SBA loans totaling $115 million between FY2020 and FY2026. The average loan size was $216K. These loans supported 3,505 jobs at origination. Most lending (96%) 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 20% of that same 259-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 Taxi and Limousine Service

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 4853 · 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.