Employment
475,106
Total employees (Census CBP)
Professional, Scientific, and Technical Services ·NAICS 541940
NAICS 541940 · IRS SOI (C corp) · Census CBP 2023
Veterinary Services - Industry Benchmarks
$52,978/yr average annual pay, with 1,975 SBA loans on record for NAICS 541940.
- 3.9%
- Professional, Scientific, and Technical Services sector margin
- 475K
- Workers employed
- $52,978/yr
- Avg payroll / employee
- $2.3B
- SBA lending, FY20–26
Data updated August 2026
The verdict · NAICS 541940
California leads Veterinary Services activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Professional, Scientific, and Technical Services sector runs a 3.9% net margin.
- 3.9%
- Professional, Scientific, and Technical Services sector margin (IRS SOI)
- 475K
- Workers employed (Census CBP)
- $52,978/yr
- Avg payroll / employee
- $2.3B
- SBA lending, FY20–26
Use Veterinary Services's NAICS benchmark as a comparison point, not a forecast for one business.
Veterinary Services 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 Veterinary Services
Veterinary Services sits inside Professional, Scientific, and Technical Services, a sector that runs a 3.9% net margin overall.
34,296 establishments employ 475,106 workers (13.8/location) at $52,978/yr average annual pay. California leads employment, followed by Texas and Florida.
Veterinary Services sits in the 93rd percentile for employment among 6-digit NAICS industries with reported data.
Avg Payroll / Employee
$52,978/yr
Annual compensation
Establishments
34,296
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 6,482; establishment count increased by 296. 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)
- $25.2B
- Avg Employees per Establishment
- 13.8
Top States by Employment
| State | Employment |
|---|---|
| California | 49,451 |
| Texas | 38,113 |
| Florida | 32,009 |
| New York | 20,568 |
| Pennsylvania | 18,786 |
| Ohio | 17,908 |
| North Carolina | 17,244 |
| Illinois | 16,563 |
| Georgia | 15,002 |
| Virginia | 14,572 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
1,975
Total Loan Volume
$2.3B
Avg Loan Size
$1159K
Jobs Supported
23,201
Program Breakdown
7(a) 1,636 (83%)
504 339 (17%)
Top SBA Lender
Live Oak Banking Company
384 loans in this industry
New Business Share
37.4% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 300
2021 440
2022 299
2023 222
2024 292
2025 375
2026 47
Frequently Asked Questions
How profitable is Veterinary Services?
IRS SOI doesn't publish margin data at the NAICS 541940 level. California leads this industry nationally. The broader Professional, Scientific, and Technical Services sector runs a 3.9% net margin (IRS SOI 2013 C corp).
How many businesses are in Veterinary Services?
34,296 business establishments. Together they employ 475,106 workers.
What is the average payroll per employee in Veterinary Services?
$52,978/yr average annual pay per employee. Businesses average 13.8 employees per establishment.
Which states have the most Veterinary Services employment?
California leads with 49,451 workers. Texas (38,113) and Florida (32,009) round out the top three.
How much SBA lending does Veterinary Services receive?
Veterinary Services businesses received 1,975 SBA loans totaling $2.3 billion between FY2020 and FY2026. The average loan size was $1159K. These loans supported 23,201 jobs at origination. Most lending (83%) came through the SBA 7(a) program.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Veterinary Services, both at NAICS level 6 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Veterinary Services ranks #53 of 801 U.S. industries at the 6-digit NAICS level by total employment.
Similar workforce scale
Nearest peer industries by ABS(Census employment) (475,106 here).
Read with this industry: Industry employment trends · Professional, Scientific, and Technical Services · 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 541940 · 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.