NAICS Sector 62 · IRS SOI + Census CBP 2023

Health Care and Social Assistance

SBA 7(a)/504 files show 40,309 loans ($25.6B) for NAICS 62, loan-count rank #3 of 24 sectors; FY2020→FY2025 trajectory is rising.

6.0%
Avg net margin
22.1M
Workers
92
Industries
$731.5B
Annual receipts

Ambulatory Health Care Services anchors Health Care and Social Assistance (39% of level-3 employment), but sibling NAICS-3 lines still take meaningful shares. Read it as an anchor-plus-breadth sector, not a one-line map.

#1 · NAICS 621

Ambulatory Health Care Services

8,697,480 · 39%

#2 · NAICS 622

Hospitals

6,344,178 · 29%

#3 · NAICS 624

Social Assistance

3,742,670 · 17%

Anchor mix · Herfindahl 0.289 (moderate) · top-three 85% of level-3 employment.

Where Health Care and Social Assistance employment sits

Census CBP level-2 sector rows · California holds 10.6% · top 5 = 37.9%

  1. #1 California 2,347,305
  2. #2 New York 1,861,291
  3. #3 Texas 1,718,907
  4. #4 Florida 1,286,330
  5. #5 Pennsylvania 1,142,207

Sector ranks #1 of 24 by establishment count.

SBA lending in NAICS 62

FY2020–FY2025 · 7(a)+504 roll-up · #3/24 sectors by loan count

Loans

40,309

Volume

$25.6B

Jobs at origination

552,912

Top lender

The Huntington National Bank

FY2020→FY2025: 4674→8741 loans (rising, +4067).

CBP payroll per worker: $63/yr · SOI receipts/est $729K.

Highest-margin industries in Health Care and Social Assistance

Pre-tax net margin by sub-industry, IRS Statistics of Income 2023.

Ambulatory Health Care Servi…6.7%Social Assistance3.4%Hospitals2.9%

All Industries in This Sector

Industry Profit Margin
Ambulatory Health Care Services

NAICS 621

 6.7%
Hospitals

NAICS 622

 2.9%
Nursing and Residential Care Facilities

NAICS 623

 N/A
Social Assistance

NAICS 624

 3.4%

Top Profit Margins

Hospitals 2.9%
2.9%

Largest Employers

  1. #1 Ambulatory Health Care Services 8,697,480
  2. #2 Hospitals 6,344,178
  3. #3 Social Assistance 3,742,670
  4. #4 Nursing and Residential Care Facilities 3,278,910

Frequently Asked Questions

Who finances Health Care and Social Assistance small businesses?
40,309 SBA 7(a)/504 loans totaling $25.6B (FY2020–FY2026); sector loan-count rank #3/24. FY2020→FY2025 loan counts went 4674→8741 (rising). Busiest lender on record: The Huntington National Bank.
Where is Health Care and Social Assistance employment concentrated geographically?
California leads with 2,347,305 workers (10.6% of Census CBP sector headcount); next are New York (1,861,291) and Texas (1,718,907). Top-5 share is 37.9%. Figures use level-2 sector rows only.
How wide is the margin gap inside NAICS 62?
IRS SOI prints a 6.0% sector average for Health Care and Social Assistance, but the sub-industry spread is 3.9 pp, from Ambulatory Health Care Services at 6.7% down to thinner lines in the same sector.
Disclaimer: PlainBizBench provides publicly available IRS and Census data for informational purposes only on NAICS 62 (Health Care and Social Assistance). This is not financial, tax, or business advice. Consult a qualified accountant or financial advisor for business-specific guidance.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainBizBench

Census CBP 2023 + IRS SOI 2013 for NAICS 62 · SBA 7(a)/504 $25.6B. CSV: sector 62 rows.

Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates every industry within this sector, 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.