522292

Analysis

NAICS 522292 is the 2022 national industry for real estate credit, part of 52229 (Other Nondepository Credit Intermediation). Census lists 9 example activities under it in the official index.

County Business Patterns counts 16,591 US establishments in this code in 2023, employing 241,669 people at an average annual payroll of $102,251 per employee (85th percentile of national industries). 63% of the establishments have fewer than five employees, which marks it as a small-business industry.

By establishments it ranks 1st of the 2 codes at this level within Other Nondepository Credit Intermediation, with 43.2% of them.

Between 2018 and 2023 the number of establishments grew 10% and employment fell 11%. 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.

Its index entries, the activities Census uses to assign businesses to this code, include construction lending, farm mortgage lending, federal Land Banks and home equity credit lending, among 9 in all.

Census lists 4 related activities that belong elsewhere, most often in 522390, 522310, 5221 and 522299. 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.