Accommodation and Food Services ·NAICS 722320

NAICS 722320 · IRS SOI 2023 · Census CBP

Caterers - Industry Benchmarks

$30,873/yr average annual pay, with 1,256 SBA loans on record for NAICS 722320.

6.7%
Accommodation and Food Services sector margin
149K
Workers employed
$30,873/yr
Avg payroll / employee
$686M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 722320

California leads Caterers activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Accommodation and Food Services sector runs a 6.7% net margin.

6.7%
Accommodation and Food Services sector margin (IRS SOI)
149K
Workers employed (Census CBP)
$30,873/yr
Avg payroll / employee
$686M
SBA lending, FY20–26

Benchmarking Insights for Caterers

Caterers sits inside Accommodation and Food Services, a sector that runs a 6.7% net margin overall.

13,222 establishments employ 148,684 workers (11.3/location) at $30,873/yr average annual pay. California leads employment, followed by New York and Texas.

Employment

148,684

Total employees (Census CBP)

Avg Payroll / Employee

$30,873/yr

Annual compensation

Establishments

13,222

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 12,548; establishment count increased by 176. 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)
$4.6B
Avg Employees per Establishment
11.3

Top States by Employment

State Employment
California 22,524
New York 17,935
Texas 8,463
Florida 8,208
New Jersey 7,628
Illinois 6,537
Pennsylvania 6,150
Massachusetts 5,971
Ohio 5,431
Michigan 4,240

Showing top 10 of 51 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

1,256

Total Loan Volume

$686M

Avg Loan Size

$546K

Jobs Supported

15,996

Program Breakdown

7(a) 1,096 (87%)
504 160 (13%)

Top SBA Lender

The Huntington National Bank

102 loans in this industry

New Business Share

31.4% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
163
2021
112
2022
163
2023
246
2024
271
2025
272
2026
29

Frequently Asked Questions

How profitable is Caterers?
IRS SOI doesn't publish margin data at the NAICS 722320 level. California leads this industry nationally. The broader Accommodation and Food Services sector runs a 6.7% net margin (IRS SOI 2023).
How many businesses are in Caterers?
13,222 business establishments. Together they employ 148,684 workers.
What is the average payroll per employee in Caterers?
$30,873/yr average annual pay per employee. Businesses average 11.3 employees per establishment.
Which states have the most Caterers employment?
California leads with 22,524 workers. New York (17,935) and Texas (8,463) round out the top three.
How much SBA lending does Caterers receive?
Caterers businesses received 1,256 SBA loans totaling $686 million between FY2020 and FY2026. The average loan size was $546K. These loans supported 15,996 jobs at origination. Most lending (87%) 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 80% of that same 801-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 Caterers

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 722320 · 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.