Real Estate and Rental and Leasing ·NAICS 5311

NAICS 5311 · IRS SOI 2023 · Census CBP

Lessors of Real Estate - Industry Benchmarks

$62,849/yr average annual pay, with 3,021 SBA loans on record for NAICS 5311.

32.2%
Net margin
606K
Workers employed
$62,849/yr
Avg payroll / employee
$3.7B
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 5311

Lessors of Real Estate runs a 32.2% pre-tax net margin - well above the national average - across 137K establishments employing 606K workers.

32.2%
Pre-tax net margin (IRS SOI)
606K
Workers employed (Census CBP)
$62,849/yr
Avg payroll / employee
$3.7B
SBA lending, FY20–26

Benchmarking Insights for Lessors of Real Estate

Lessors of Real Estate sits inside Real Estate and Rental and Leasing at a 32.2% net margin (well above the national average), $51.0B in aggregate receipts across 70,155 returns, averaging $727.6M per establishment.

136,539 establishments employ 605,793 workers (4.4/location) at $62,849/yr average annual pay. California leads employment, followed by New York and Texas.

Profit Margin

32.2%

Net income ÷ total receipts (IRS SOI)

Total Receipts

$51.0B

Annual revenue (IRS SOI)

Net Income

$16.4B

Pre-tax net income

Employment

605,793

Total employees (Census CBP)

Avg Payroll / Employee

$62,849/yr

Annual compensation

Establishments

136,539

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 5,065; establishment count increased by 129. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

Where each dollar of Lessors of Real Estate revenue goes

Workforce scale

Lessors of Real Estate margin vs national reference points

Lessors of Real Estate net margin 100.0%
Cross-industry median (5%)

p25/median/p75 = 3%/5%/8%

Business Structure Breakdown

How businesses in this industry are legally structured (IRS SOI)

C Corporation
70,155 returns 100%

Margin: 32.2% · Receipts: $51.0B

Financial Detail

Total Tax Returns Filed
70,155
Avg Receipts per Business
$727.6M
Annual Payroll (Total)
$38.1B
Avg Employees per Establishment
4.4

Sub-Industries

Industry Profit Margin
Lessors of Miniwarehouses and Self-Storage Units

NAICS 53113

N/A
Lessors of Nonresidential Buildings (except Miniwarehouses)

NAICS 53112

N/A
Lessors of Other Real Estate Property

NAICS 53119

N/A
Lessors of Residential Buildings and Dwellings

NAICS 53111

N/A

Top States by Employment

State Employment
California 78,202
New York 71,234
Texas 56,833
Florida 41,947
Illinois 20,228
Georgia 20,021
New Jersey 18,549
Ohio 18,104
Pennsylvania 17,117
Washington 16,152

Showing top 10 of 51 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

3,021

Total Loan Volume

$3.7B

Avg Loan Size

$1216K

Jobs Supported

17,702

Program Breakdown

7(a) 2,275 (75%)
504 746 (25%)

Top SBA Lender

Live Oak Banking Company

436 loans in this industry

New Business Share

54.2% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
513
2021
916
2022
665
2023
474
2024
224
2025
190
2026
39

Frequently Asked Questions

What is the average revenue for Lessors of Real Estate?
$51.0B in total annual receipts across all Lessors of Real Estate businesses. Average per business: $727.6M.
How profitable is Lessors of Real Estate?
32.2% net profit margin, well above the national average.
How many businesses are in Lessors of Real Estate?
136,539 business establishments. Together they employ 605,793 workers.
What is the average payroll per employee in Lessors of Real Estate?
$62,849/yr average annual pay per employee. Businesses average 4.4 employees per establishment.
Which states have the most Lessors of Real Estate employment?
California leads with 78,202 workers. New York (71,234) and Texas (56,833) round out the top three.
How much SBA lending does Lessors of Real Estate receive?
Lessors of Real Estate businesses received 3,021 SBA loans totaling $3.7 billion between FY2020 and FY2026. The average loan size was $1216K. These loans supported 17,702 jobs at origination. Most lending (75%) 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: Lessors of Real Estate reports a higher net margin than 98% of the 126 IRS-tracked industries at the same NAICS detail level. Its Census employment total exceeds 77% 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 reported net margins

Same NAICS detail level, ordered by the smallest difference in reported IRS pre-tax margin.

Closest workforce scale

Same NAICS detail level, ordered by the smallest difference in reported Census employment.

Benchmarking Lessors of Real Estate

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 5311 · 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.