Employment
2,771,935
Total employees (Census CBP)
Health Care and Social Assistance ·NAICS 62111
NAICS 62111 · IRS SOI (C corp) · Census CBP 2023
Offices of Physicians - Industry Benchmarks
$104,929/yr average annual pay, with 5,729 SBA loans on record for NAICS 62111.
- 5.3%
- Health Care and Social Assistance sector margin
- 2.8M
- Workers employed
- $104,929/yr
- Avg payroll / employee
- $3.8B
- SBA lending, FY20–26
Data updated August 2026
The verdict · NAICS 62111
California leads Offices of Physicians activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Health Care and Social Assistance sector runs a 5.3% net margin.
- 5.3%
- Health Care and Social Assistance sector margin (IRS SOI)
- 2.8M
- Workers employed (Census CBP)
- $104,929/yr
- Avg payroll / employee
- $3.8B
- SBA lending, FY20–26
Use Offices of Physicians's NAICS benchmark as a comparison point, not a forecast for one business.
Offices of Physicians 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 Offices of Physicians
Offices of Physicians sits inside Health Care and Social Assistance, a sector that runs a 5.3% net margin overall.
218,066 establishments employ 2,771,935 workers (12.7/location) at $104,929/yr average annual pay. California leads employment, followed by Florida and Texas.
Offices of Physicians sits in the 99th percentile for employment among 5-digit NAICS industries with reported data.
Avg Payroll / Employee
$104,929/yr
Annual compensation
Establishments
218,066
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 128,348; establishment count increased by 7,310. 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)
- $290.9B
- Avg Employees per Establishment
- 12.7
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Offices of Physicians (except Mental Health Specialists) NAICS 621111 | N/A |
| Offices of Physicians, Mental Health Specialists NAICS 621112 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| California | 241,978 |
| Florida | 238,618 |
| Texas | 222,179 |
| New York | 154,739 |
| Illinois | 109,540 |
| Ohio | 109,120 |
| Georgia | 100,968 |
| Michigan | 92,800 |
| Tennessee | 83,537 |
| New Jersey | 82,376 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
5,729
Total Loan Volume
$3.8B
Avg Loan Size
$656K
Jobs Supported
50,152
Program Breakdown
7(a) 4,582 (80%)
504 1,147 (20%)
Top SBA Lender
The Huntington National Bank
296 loans in this industry
New Business Share
35.1% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 742
2021 1,000
2022 801
2023 786
2024 1,044
2025 1,189
2026 167
Frequently Asked Questions
How profitable is Offices of Physicians?
IRS SOI doesn't publish margin data at the NAICS 62111 level. California leads this industry nationally. The broader Health Care and Social Assistance sector runs a 5.3% net margin (IRS SOI 2013 C corp).
How many businesses are in Offices of Physicians?
218,066 business establishments. Together they employ 2,771,935 workers.
What is the average payroll per employee in Offices of Physicians?
$104,929/yr average annual pay per employee. Businesses average 12.7 employees per establishment.
Which states have the most Offices of Physicians employment?
California leads with 241,978 workers. Florida (238,618) and Texas (222,179) round out the top three.
How much SBA lending does Offices of Physicians receive?
Offices of Physicians businesses received 5,729 SBA loans totaling $3.8 billion between FY2020 and FY2026. The average loan size was $656K. These loans supported 50,152 jobs at origination. Most lending (80%) came through the SBA 7(a) program.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Offices of Physicians, both at NAICS level 5 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Offices of Physicians ranks #7 of 551 U.S. industries at the 5-digit NAICS level by total employment.
Similar workforce scale
Nearest peer industries by ABS(Census employment) (2,771,935 here).
Read with this industry: Industry employment trends · Health Care and Social Assistance · 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 62111 · 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.