Profit Margin
5.7%
Net income ÷ total receipts (IRS SOI)
Accommodation and Food Services ·NAICS 721
NAICS 721 · IRS SOI 2023 · Census CBP
Accommodation - Industry Benchmarks
$41,207/yr average annual pay, with 8,380 SBA loans on record for NAICS 721.
- 5.7%
- Net margin
- 2.0M
- Workers employed
- $41,207/yr
- Avg payroll / employee
- $18.5B
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 721
Accommodation runs a 5.7% pre-tax net margin - below the national median - across 70K establishments employing 2.0M workers.
- 5.7%
- Pre-tax net margin (IRS SOI)
- 2.0M
- Workers employed (Census CBP)
- $41,207/yr
- Avg payroll / employee
- $18.5B
- SBA lending, FY20–26
Benchmarking Insights for Accommodation
Accommodation sits inside Accommodation and Food Services at a 5.7% net margin (below the national median), $118.1B in aggregate receipts across 113,845 returns, averaging $1.0B per establishment.
70,350 establishments employ 1,963,343 workers (27.9/location) at $41,207/yr average annual pay. California leads employment, followed by Florida and Texas.
Total Receipts
$118.1B
Annual revenue (IRS SOI)
Net Income
$6.7B
Pre-tax net income
Employment
1,963,343
Total employees (Census CBP)
Avg Payroll / Employee
$41,207/yr
Annual compensation
Establishments
70,350
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 169,593; establishment count decreased by 1,037. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Where each dollar of Accommodation revenue goes
Workforce scale
Accommodation margin vs national reference points
Accommodation net margin 19.0%
Cross-industry median (5%)
p25/median/p75 = 3%/5%/8%
Business Structure Breakdown
How businesses in this industry are legally structured (IRS SOI)
C Corporation
32,979 returns 29%
Margin: 6.5% · Receipts: $109.8B
Sole Proprietorship
80,866 returns 71%
Margin: -5.4% · Receipts: $8.3B
Financial Detail
- Total Tax Returns Filed
- 113,845
- Avg Receipts per Business
- $1.0B
- Annual Payroll (Total)
- $80.9B
- Avg Employees per Establishment
- 27.9
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Rooming and Boarding Houses, Dormitories, and Workers' Camps NAICS 7213 | N/A |
| RV (Recreational Vehicle) Parks and Recreational Camps NAICS 7212 | N/A |
| Traveler Accommodation NAICS 7211 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| California | 259,304 |
| Florida | 174,909 |
| Texas | 123,634 |
| New York | 93,624 |
| Arizona | 54,150 |
| Pennsylvania | 50,125 |
| Colorado | 49,730 |
| North Carolina | 48,769 |
| Michigan | 45,801 |
| Georgia | 45,784 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
8,380
Total Loan Volume
$18.5B
Avg Loan Size
$2210K
Jobs Supported
88,565
Program Breakdown
7(a) 6,142 (73%)
504 2,238 (27%)
Top SBA Lender
GBank
583 loans in this industry
New Business Share
37.6% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 1,258
2021 1,863
2022 1,415
2023 1,098
2024 1,195
2025 1,370
2026 181
Frequently Asked Questions
What is the average revenue for Accommodation?
$118.1B in total annual receipts across all Accommodation businesses. Average per business: $1.0B.
How profitable is Accommodation?
5.7% net profit margin, below the national median.
How many businesses are in Accommodation?
70,350 business establishments. Together they employ 1,963,343 workers.
What is the average payroll per employee in Accommodation?
$41,207/yr average annual pay per employee. Businesses average 27.9 employees per establishment.
Which states have the most Accommodation employment?
California leads with 259,304 workers. Florida (174,909) and Texas (123,634) round out the top three.
How much SBA lending does Accommodation receive?
Accommodation businesses received 8,380 SBA loans totaling $18.5 billion between FY2020 and FY2026. The average loan size was $2210K. These loans supported 88,565 jobs at origination. Most lending (73%) 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.
Closest reported net margins
Same NAICS detail level, ordered by the smallest difference in reported IRS pre-tax margin.
Closest workforce scale
Same NAICS detail level, ordered by the smallest difference in reported Census employment.
- Motor Vehicle and Parts Dealers 2,015,007
- Real Estate 1,819,631
- Amusement, Gambling, and Recreation Industries 1,794,693
Benchmarking Accommodation
- Net margin: 5.7% vs sector. Browse Accommodation and Food Services
- 70,350 establishments, 1,963,343 workers. Payroll benchmarks
- 8,380 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 721 · 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.