4931

Analysis

NAICS 4931 is the 2022 industry group for warehousing and storage, part of 493 (Warehousing and Storage). Census lists 30 example activities under it in the official index.

Between 2018 and 2023 the number of establishments grew 27% and employment rose 70%. The 2018 count used NAICS 2017, so part of a large move can come from codes being redefined rather than from businesses opening or closing.

County Business Patterns counts 21,521 US establishments in this code in 2023, employing 1,648,638 people at an average annual payroll of $51,510 per employee (19th percentile of national industries). 33% of the establishments have fewer than five employees, which is close to the national mix.

Across its national industries Census lists 30 index entries; typical ones are bonded warehousing, general merchandise, bonded warehousing, refrigerated, bonded warehousing, farm products (except refrigerated) and automobile dead storage.

It splits into 4 more detailed codes. The largest by establishments is 49311 (General Warehousing and Storage) with 16,753.

Its more detailed codes are 49311 General Warehousing and Storage (16,753 establishments), 49312 Refrigerated Warehousing and Storage (1,376 establishments), 49313 Farm Product Warehousing and Storage (722 establishments) and 49319 Other Warehousing and Storage (2,670 establishments).