Information ·NAICS 51223

NAICS 51223 · IRS SOI 2023 · Census CBP

Music Publishers - Industry Benchmarks

33 SBA loans on record, $6M in volume, for NAICS 51223.

9.1%
Information sector margin
N/A
Workers employed
N/A
Avg payroll / employee
$6M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 51223

California leads Music Publishers activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Information sector runs a 9.1% net margin.

9.1%
Information sector margin (IRS SOI)
N/A
Workers employed (Census CBP)
N/A
Avg payroll / employee
$6M
SBA lending, FY20–26

Benchmarking Insights for Music Publishers

Music Publishers sits inside Information, a sector that runs a 9.1% net margin overall.

833 establishments employ N/A workers. California leads employment, followed by Tennessee and Arizona.

Employment

N/A

Total employees (Census CBP)

Avg Payroll / Employee

N/A

Annual compensation

Establishments

833

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

establishment count decreased by 53. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

Financial Detail

Annual Payroll (Total)
$598.2M

Sub-Industries

Industry Profit Margin
Music Publishers

NAICS 512230

 N/A

Top States by Employment

State Employment
California 1,348
Tennessee 1,211
Arizona 8
Louisiana 4
Connecticut 3
Indiana 3
Utah 3

Showing top 10 of 31 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

33

Total Loan Volume

$6M

Avg Loan Size

$183K

Jobs Supported

91

Program Breakdown

7(a) 29 (88%)
504 4 (12%)

Top SBA Lender

TD Bank, National Association

6 loans in this industry

New Business Share

15.2% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
2
2021
4
2022
6
2023
5
2024
5
2025
10
2026
1

View SBA lending rankings →

Frequently Asked Questions

How profitable is Music Publishers?
IRS SOI doesn't publish margin data at the NAICS 51223 level. California leads this industry nationally. The broader Information sector runs a 9.1% net margin (IRS SOI 2023).
How many businesses are in Music Publishers?
833 business establishments.
What is the average payroll per employee in Music Publishers?
Average payroll data for Music Publishers is not available in the current Census CBP dataset.
Which states have the most Music Publishers employment?
California leads with 1,348 workers. Tennessee (1,211) and Arizona (8) round out the top three.
How much SBA lending does Music Publishers receive?
Music Publishers businesses received 33 SBA loans totaling $6 million between FY2020 and FY2026. The average loan size was $183K. These loans supported 91 jobs at origination. Most lending (88%) came through the SBA 7(a) program.

Benchmarking Music Publishers

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 51223 · 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.

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.