Transportation and Warehousing ·NAICS 4931

NAICS 4931 · IRS SOI (C corp) · Census CBP 2023

Warehousing and Storage - Industry Benchmarks

541 SBA loans on record, $633M in volume, for NAICS 4931.

22K
Establishments: N/A
Workers employed: N/A
Avg payroll / employee: $633M
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 4931

Pennsylvania leads Warehousing and Storage activity nationally, across 22K establishments employing N/A workers. IRS SOI doesn't publish margin data at this NAICS level.

22K
Business establishments (Census): N/A
Workers employed (Census CBP): N/A
Avg payroll / employee: $633M
SBA lending, FY20–26

Use Warehousing and Storage's NAICS benchmark as a comparison point, not a forecast for one business.

Warehousing and Storage 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 Warehousing and Storage

Warehousing and Storage sits inside Transportation and Warehousing.

21,521 establishments employ N/A workers. Pennsylvania leads employment, followed by Indiana and North Carolina.

Employment

N/A

Total employees (Census CBP)

Avg Payroll / Employee

N/A

Annual compensation

Establishments

21,521

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

establishment count increased by 1,542. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

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Financial Detail

Sub-Industries

Industry	Profit Margin	Employment	Avg Payroll/Emp
Farm Product Warehousing and Storage NAICS 49313	N/A	6,190	N/A
General Warehousing and Storage NAICS 49311	N/A	N/A	N/A
Other Warehousing and Storage NAICS 49319	N/A	N/A	N/A
Refrigerated Warehousing and Storage NAICS 49312	N/A	66,236	$56,905/yr

Top States by Employment

State	Employment	Establishments	Annual Payroll	Avg Payroll/Emp
Pennsylvania	92,955	908	$4.8B	$51,293/yr
Indiana	51,626	598	$2.6B	$51,027/yr
North Carolina	49,295	580	$2.2B	$43,617/yr
Virginia	33,443	439	$1.6B	$48,289/yr
Arizona	29,351	378	$1.6B	$54,972/yr
South Carolina	27,508	413	$1.3B	$47,761/yr
Massachusetts	19,606	302	$1.1B	$55,410/yr
Iowa	16,487	257	$852.8M	$51,724/yr
Utah	16,419	236	$850.6M	$51,803/yr
Mississippi	14,689	216	$716.2M	$48,758/yr

Showing top 10 of 51 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

541

Total Loan Volume

$633M

Avg Loan Size

$1170K

Jobs Supported

5,760

Program Breakdown

7(a) 387 (72%)

504 154 (28%)

Top SBA Lender

Bank Five Nine

19 loans in this industry

New Business Share

30.7% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020

2021

108

2022

2023

2024

2025

2026

View SBA lending rankings →

Frequently Asked Questions

How many businesses are in Warehousing and Storage?

21,521 business establishments.

What is the average payroll per employee in Warehousing and Storage?

Average payroll data for Warehousing and Storage is not available in the current Census CBP dataset.

Which states have the most Warehousing and Storage employment?

Pennsylvania leads with 92,955 workers. Indiana (51,626) and North Carolina (49,295) round out the top three.

How much SBA lending does Warehousing and Storage receive?

Warehousing and Storage businesses received 541 SBA loans totaling $633 million between FY2020 and FY2026. The average loan size was $1170K. These loans supported 5,760 jobs at origination. Most lending (72%) came through the SBA 7(a) program.

Benchmarking Warehousing and Storage

No margin data, check the parent industry. Browse Transportation and Warehousing
21,521 establishments, N/A workers. Payroll benchmarks
541 SBA loans on record. SBA lending 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 4931 · 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.

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 Accessed 2026-07-06

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.