Health Care and Social Assistance ·NAICS 623311

NAICS 623311 · IRS SOI (C corp) · Census CBP 2023

Continuing Care Retirement Communities - Industry Benchmarks

$38,641/yr average annual pay, with 82 SBA loans on record for NAICS 623311.

5.3%
Health Care and Social Assistance sector margin
456K
Workers employed
$38,641/yr
Avg payroll / employee
$71M
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 623311

Pennsylvania leads Continuing Care Retirement Communities 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)
456K
Workers employed (Census CBP)
$38,641/yr
Avg payroll / employee
$71M
SBA lending, FY20–26

Use Continuing Care Retirement Communities's NAICS benchmark as a comparison point, not a forecast for one business.

Continuing Care Retirement Communities 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 Continuing Care Retirement Communities

Continuing Care Retirement Communities sits inside Health Care and Social Assistance, a sector that runs a 5.3% net margin overall.

5,639 establishments employ 455,640 workers (80.8/location) at $38,641/yr average annual pay. Pennsylvania leads employment, followed by California and Florida.

Continuing Care Retirement Communities sits in the 93rd percentile for employment among 6-digit NAICS industries with reported data.

Employment

455,640

Total employees (Census CBP)

Avg Payroll / Employee

$38,641/yr

Annual compensation

Establishments

5,639

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 12,559; establishment count increased by 133. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

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Workforce scale

Financial Detail

Annual Payroll (Total)
$17.6B
Avg Employees per Establishment
80.8

Top States by Employment

State Employment
Pennsylvania 43,065
California 37,693
Florida 32,234
Ohio 23,590
Illinois 22,913
Texas 21,626
Minnesota 18,969
Virginia 17,985
North Carolina 17,572
Maryland 15,178

Showing top 10 of 51 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

82

Total Loan Volume

$71M

Avg Loan Size

$864K

Jobs Supported

1,396

Program Breakdown

7(a) 56 (68%)
504 26 (32%)

Top SBA Lender

The Huntington National Bank

5 loans in this industry

New Business Share

42.7% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
7
2021
21
2022
16
2023
11
2024
13
2025
11
2026
3

View SBA lending rankings →

Frequently Asked Questions

How profitable is Continuing Care Retirement Communities?
IRS SOI doesn't publish margin data at the NAICS 623311 level. Pennsylvania 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 Continuing Care Retirement Communities?
5,639 business establishments. Together they employ 455,640 workers.
What is the average payroll per employee in Continuing Care Retirement Communities?
$38,641/yr average annual pay per employee. Businesses average 80.8 employees per establishment.
Which states have the most Continuing Care Retirement Communities employment?
Pennsylvania leads with 43,065 workers. California (37,693) and Florida (32,234) round out the top three.
How much SBA lending does Continuing Care Retirement Communities receive?
Continuing Care Retirement Communities businesses received 82 SBA loans totaling $71 million between FY2020 and FY2026. The average loan size was $864K. These loans supported 1,396 jobs at origination. Most lending (68%) came through the SBA 7(a) program.

Nationwide industries with similar benchmark drivers

Two IRS/Census peer sets for Continuing Care Retirement Communities, both at NAICS level 6 and excluding this code so the neighborhoods are not self-links.

According to Census County Business Patterns 2023, Continuing Care Retirement Communities ranks #57 of 801 U.S. industries at the 6-digit NAICS level by total employment.

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 623311 · 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.