Health Care and Social Assistance ·NAICS 62151

NAICS 62151 · IRS SOI 2023 · Census CBP

Medical and Diagnostic Laboratories - Industry Benchmarks

$74,389/yr average annual pay, with 516 SBA loans on record for NAICS 62151.

11.4%
Health Care and Social Assistance sector margin
332K
Workers employed
$74,389/yr
Avg payroll / employee
$350M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 62151

California leads Medical and Diagnostic Laboratories activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Health Care and Social Assistance sector runs a 11.4% net margin.

11.4%
Health Care and Social Assistance sector margin (IRS SOI)
332K
Workers employed (Census CBP)
$74,389/yr
Avg payroll / employee
$350M
SBA lending, FY20–26

Benchmarking Insights for Medical and Diagnostic Laboratories

Medical and Diagnostic Laboratories sits inside Health Care and Social Assistance, a sector that runs a 11.4% net margin overall.

23,603 establishments employ 332,060 workers (14.1/location) at $74,389/yr average annual pay. California leads employment, followed by Texas and Florida.

Employment

332,060

Total employees (Census CBP)

Avg Payroll / Employee

$74,389/yr

Annual compensation

Establishments

23,603

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 8,559; establishment count increased by 3,793. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

Workforce scale

Financial Detail

Annual Payroll (Total)
$24.7B
Avg Employees per Establishment
14.1

Sub-Industries

Industry Profit Margin
Diagnostic Imaging Centers

NAICS 621512

N/A
Medical Laboratories

NAICS 621511

N/A

Top States by Employment

State Employment
California 45,890
Texas 33,783
Florida 31,053
New York 19,138
Arizona 11,433
Pennsylvania 10,375
Illinois 9,425
Ohio 9,417
Tennessee 8,495
Virginia 7,889

Showing top 10 of 51 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

516

Total Loan Volume

$350M

Avg Loan Size

$679K

Jobs Supported

6,908

Program Breakdown

7(a) 469 (91%)
504 47 (9%)

Top SBA Lender

Banco Popular de Puerto Rico

47 loans in this industry

New Business Share

37.8% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
60
2021
84
2022
68
2023
73
2024
119
2025
102
2026
10

Frequently Asked Questions

How profitable is Medical and Diagnostic Laboratories?
IRS SOI doesn't publish margin data at the NAICS 62151 level. California leads this industry nationally. The broader Health Care and Social Assistance sector runs a 11.4% net margin (IRS SOI 2023).
How many businesses are in Medical and Diagnostic Laboratories?
23,603 business establishments. Together they employ 332,060 workers.
What is the average payroll per employee in Medical and Diagnostic Laboratories?
$74,389/yr average annual pay per employee. Businesses average 14.1 employees per establishment.
Which states have the most Medical and Diagnostic Laboratories employment?
California leads with 45,890 workers. Texas (33,783) and Florida (31,053) round out the top three.
How much SBA lending does Medical and Diagnostic Laboratories receive?
Medical and Diagnostic Laboratories businesses received 516 SBA loans totaling $350 million between FY2020 and FY2026. The average loan size was $679K. These loans supported 6,908 jobs at origination. Most lending (91%) 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: Its Census employment total exceeds 87% of that same 551-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 workforce scale

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

Benchmarking Medical and Diagnostic Laboratories

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 62151 · 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.