Profit Margin
6.5%
Net income ÷ total receipts (IRS SOI)
Accommodation and Food Services ·NAICS 721
NAICS 721 · IRS SOI 2013 (C corp) · Census CBP 2023
Accommodation - Industry Benchmarks
$41,207/yr average annual pay, with 8,380 SBA loans on record for NAICS 721.
- 6.5%
- Net margin
- 2.0M
- Workers employed
- $41,207/yr
- Avg payroll / employee
- $18.5B
- SBA lending, FY20–26
Data updated August 2026
The verdict · NAICS 721
Accommodation runs a 6.5% pre-tax net margin - below the national median - across 70K establishments employing 2.0M workers.
- 6.5%
- Pre-tax net margin (IRS SOI)
- 2.0M
- Workers employed (Census CBP)
- $41,207/yr
- Avg payroll / employee
- $18.5B
- SBA lending, FY20–26
Use Accommodation's NAICS benchmark as a comparison point, not a forecast for one business.
Accommodation 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 2013 (C corporation headline) and Census County Business Patterns 2023
Benchmarking Insights for Accommodation
Accommodation sits inside Accommodation and Food Services at a 6.5% net margin (below the national median), $109.8B in aggregate receipts across 32,979 returns, averaging $3.3B 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.
Accommodation sits in the 77th percentile for employment and the 71st percentile for net margin among 3-digit NAICS industries with reported data.
Total Receipts
$109.8B
Annual revenue (IRS SOI)
Net Income
$7.2B
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.
Subscribe to this industry's release updates (RSS)Where each dollar of Accommodation revenue goes
Workforce scale
Accommodation margin vs national reference points
Accommodation net margin 21.8%
Cross-industry median (5%)
p25/median/p75 = 3%/5%/7%
Business Structure Breakdown
Per-entity IRS SOI tables at their own vintages, shares only when every row shares one year (never mix 2013/2017/2022 populations).
C Corporation SOI 2013
32,979 returns
Margin: 6.5% · Receipts: $109.8B
Sole Proprietorship SOI 2022
80,866 returns
Margin: -5.4% · Receipts: $8.3B
Financial Detail
- Total Tax Returns Filed
- 32,979
- Avg Receipts per Business
- $3.3B
- 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?
$109.8B in total annual receipts across all Accommodation businesses. Average per business: $3.3B.
How profitable is Accommodation?
6.5% 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.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Accommodation, both at NAICS level 3 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Accommodation ranks #18 of 77 U.S. industries at the 3-digit NAICS level by total employment. According to IRS SOI 2013 IRS Statistics of Income, its reported pre-tax net margin ranks #22 of 75 at that same detail level.
Similar reported net margin
Nearest peer industries by ABS(IRS pre-tax margin) (6.5% here).
Similar workforce scale
Nearest peer industries by ABS(Census employment) (1,963,343 here).
Read with this industry: Understanding profit margins by industry · Accommodation and Food Services · 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 · CBP 2023 · IRS SOI 2013
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.