Employment
174,571
Total employees (Census CBP)
Real Estate and Rental and Leasing ·NAICS 531120
NAICS 531120 · IRS SOI (C corp) · Census CBP 2023
Lessors of Nonresidential Buildings (except Miniwarehouses) - Industry Benchmarks
$83,642/yr average annual pay, with 937 SBA loans on record for NAICS 531120.
- 16.3%
- Real Estate and Rental and Leasing sector margin
- 175K
- Workers employed
- $83,642/yr
- Avg payroll / employee
- $975M
- SBA lending, FY20–26
Data updated August 2026
The verdict · NAICS 531120
New York leads Lessors of Nonresidential Buildings (except Miniwarehouses) activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Real Estate and Rental and Leasing sector runs a 16.3% net margin.
- 16.3%
- Real Estate and Rental and Leasing sector margin (IRS SOI)
- 175K
- Workers employed (Census CBP)
- $83,642/yr
- Avg payroll / employee
- $975M
- SBA lending, FY20–26
Use Lessors of Nonresidential Buildings (except Miniwarehouses)'s NAICS benchmark as a comparison point, not a forecast for one business.
Lessors of Nonresidential Buildings (except Miniwarehouses) 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 Lessors of Nonresidential Buildings (except Miniwarehouses)
Lessors of Nonresidential Buildings (except Miniwarehouses) sits inside Real Estate and Rental and Leasing, a sector that runs a 16.3% net margin overall.
34,559 establishments employ 174,571 workers (5.0/location) at $83,642/yr average annual pay. New York leads employment, followed by California and Texas.
Lessors of Nonresidential Buildings (except Miniwarehouses) sits in the 83rd percentile for employment among 6-digit NAICS industries with reported data.
Avg Payroll / Employee
$83,642/yr
Annual compensation
Establishments
34,559
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 2,120; establishment count decreased by 8. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Subscribe to this industry's release updates (RSS)Workforce scale
Financial Detail
- Annual Payroll (Total)
- $14.6B
- Avg Employees per Establishment
- 5.0
Top States by Employment
| State | Employment |
|---|---|
| New York | 24,561 |
| California | 23,326 |
| Texas | 15,957 |
| Florida | 11,621 |
| Illinois | 6,655 |
| Georgia | 6,123 |
| Pennsylvania | 5,745 |
| Ohio | 5,148 |
| Massachusetts | 4,910 |
| Virginia | 3,698 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
937
Total Loan Volume
$975M
Avg Loan Size
$1040K
Jobs Supported
9,234
Program Breakdown
7(a) 896 (96%)
504 41 (4%)
Top SBA Lender
Wells Fargo Bank National Association
80 loans in this industry
New Business Share
56.6% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 156
2021 329
2022 221
2023 190
2024 32
2025 6
2026 3
Frequently Asked Questions
How profitable is Lessors of Nonresidential Buildings (except Miniwarehouses)?
IRS SOI doesn't publish margin data at the NAICS 531120 level. New York leads this industry nationally. The broader Real Estate and Rental and Leasing sector runs a 16.3% net margin (IRS SOI 2013 C corp).
How many businesses are in Lessors of Nonresidential Buildings (except Miniwarehouses)?
34,559 business establishments. Together they employ 174,571 workers.
What is the average payroll per employee in Lessors of Nonresidential Buildings (except Miniwarehouses)?
$83,642/yr average annual pay per employee. Businesses average 5.0 employees per establishment.
Which states have the most Lessors of Nonresidential Buildings (except Miniwarehouses) employment?
New York leads with 24,561 workers. California (23,326) and Texas (15,957) round out the top three.
How much SBA lending does Lessors of Nonresidential Buildings (except Miniwarehouses) receive?
Lessors of Nonresidential Buildings (except Miniwarehouses) businesses received 937 SBA loans totaling $975 million between FY2020 and FY2026. The average loan size was $1040K. These loans supported 9,234 jobs at origination. Most lending (96%) came through the SBA 7(a) program.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Lessors of Nonresidential Buildings (except Miniwarehouses), both at NAICS level 6 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Lessors of Nonresidential Buildings (except Miniwarehouses) ranks #135 of 801 U.S. industries at the 6-digit NAICS level by total employment.
Similar workforce scale
Nearest peer industries by ABS(Census employment) (174,571 here).
Read with this industry: Industry employment trends · Real Estate and Rental and Leasing · 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 531120 · 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
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.