Employment
1,527,355
Total employees (Census CBP)
Health Care and Social Assistance ·NAICS 62412
NAICS 62412 · IRS SOI 2023 · Census CBP
Services for the Elderly and Persons with Disabilities - Industry Benchmarks
$29,098/yr average annual pay, with 1,037 SBA loans on record for NAICS 62412.
- 11.4%
- Health Care and Social Assistance sector margin
- 1.5M
- Workers employed
- $29,098/yr
- Avg payroll / employee
- $619M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 62412
New York leads Services for the Elderly and Persons with Disabilities 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)
- 1.5M
- Workers employed (Census CBP)
- $29,098/yr
- Avg payroll / employee
- $619M
- SBA lending, FY20–26
Benchmarking Insights for Services for the Elderly and Persons with Disabilities
Services for the Elderly and Persons with Disabilities sits inside Health Care and Social Assistance, a sector that runs a 11.4% net margin overall.
40,265 establishments employ 1,527,355 workers (37.9/location) at $29,098/yr average annual pay. New York leads employment, followed by California and Pennsylvania.
Avg Payroll / Employee
$29,098/yr
Annual compensation
Establishments
40,265
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 193,595; establishment count decreased by 1,361. 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)
- $44.4B
- Avg Employees per Establishment
- 37.9
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Services for the Elderly and Persons with Disabilities NAICS 624120 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| New York | 254,740 |
| California | 144,870 |
| Pennsylvania | 137,045 |
| Texas | 130,438 |
| Illinois | 88,337 |
| Minnesota | 50,807 |
| Ohio | 45,585 |
| Arizona | 37,297 |
| Washington | 33,600 |
| Massachusetts | 32,044 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
1,037
Total Loan Volume
$619M
Avg Loan Size
$596K
Jobs Supported
28,496
Program Breakdown
7(a) 959 (92%)
504 78 (8%)
Top SBA Lender
Live Oak Banking Company
163 loans in this industry
New Business Share
41.3% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 107
2021 122
2022 144
2023 178
2024 228
2025 232
2026 26
Frequently Asked Questions
How profitable is Services for the Elderly and Persons with Disabilities?
IRS SOI doesn't publish margin data at the NAICS 62412 level. New York 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 Services for the Elderly and Persons with Disabilities?
40,265 business establishments. Together they employ 1,527,355 workers.
What is the average payroll per employee in Services for the Elderly and Persons with Disabilities?
$29,098/yr average annual pay per employee. Businesses average 37.9 employees per establishment.
Which states have the most Services for the Elderly and Persons with Disabilities employment?
New York leads with 254,740 workers. California (144,870) and Pennsylvania (137,045) round out the top three.
How much SBA lending does Services for the Elderly and Persons with Disabilities receive?
Services for the Elderly and Persons with Disabilities businesses received 1,037 SBA loans totaling $619 million between FY2020 and FY2026. The average loan size was $596K. These loans supported 28,496 jobs at origination. Most lending (92%) 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 98% 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.
- Hotels (except Casino Hotels) and Motels 1,497,840
- Religious Organizations 1,576,295
- Management Consulting Services 1,467,031
Benchmarking Services for the Elderly and Persons with Disabilities
- No margin data, check the parent industry. Browse Health Care and Social Assistance
- 40,265 establishments, 1,527,355 workers. Payroll benchmarks
- 1,037 SBA loans on record. SBA lending 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 62412 · 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.
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.