Analysis
NAICS 493130 is the 2022 national industry for farm product warehousing and storage, part of 49313 (Farm Product Warehousing and Storage). Census lists 6 example activities under it in the official index.
Between 2018 and 2023 the number of establishments grew 33% and employment rose 1%. 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 722 US establishments in this code in 2023, employing 6,190 people at an average annual payroll of $71,964 per employee (55th percentile of national industries). 56% of the establishments have fewer than five employees, which is close to the national mix.
Its index entries, the activities Census uses to assign businesses to this code, include bonded warehousing, farm products (except refrigerated), farm product warehousing and storage (except refrigerated), grain elevators, storage only and private warehousing and storage, farm products (except…, among 6 in all.
For example, operating refrigerated warehousing and storage facilities are classified in 493120 (Refrigerated Warehousing and Storage) instead.
Census lists 2 related activities that belong elsewhere, most often in 493120 and 424510. Businesses that do several things are classified by their primary activity, the one that generates the most value, so check those boundaries before settling on this code.
Official definition
This industry comprises establishments primarily engaged in operating bulk farm product warehousing and storage facilities (except refrigerated). Grain elevators primarily engaged in storage are included in this industry.
Source: US Census Bureau, NAICS 2022 Manual.
Not this code if…
Index entries (6)
- Bonded warehousing, farm products (except refrigerated)
- Farm product warehousing and storage (except refrigerated)
- Grain elevators, storage only
- Private warehousing and storage, farm products (except refrigerated)
- Public warehousing and storage, farm products (except refrigerated)
- Warehousing, farm products (except refrigerated)