Analysis
NAICS 541350 is the 2022 national industry for building inspection services, part of 54135 (Building Inspection Services). Census lists 7 example activities under it in the official index.
County Business Patterns counts 7,496 US establishments in this code in 2023, employing 28,755 people at an average annual payroll of $60,645 per employee (33rd percentile of national industries). 86% of the establishments have fewer than five employees, which marks it as a small-business industry.
Between 2018 and 2023 the number of establishments grew 9% and employment rose 30%. 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.
Census lists 5 related activities that belong elsewhere, most often in 561710, 541620, 541990 and 531320. 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.
Its index entries, the activities Census uses to assign businesses to this code, include building inspection bureaus, building inspection services, energy efficiency inspection services and home inspection services, among 7 in all.
For example, inspecting buildings for termites and other pests are classified in 561710 (Exterminating and Pest Control Services) instead.
Official definition
This industry comprises establishments primarily engaged in providing building inspection services. These establishments typically evaluate all aspects of the building structure and component systems and prepare a report on the physical condition of the property, generally for buyers or others involved in real estate transactions. Building inspection bureaus and establishments providing home inspection services are included in this industry.
Source: US Census Bureau, NAICS 2022 Manual.
Not this code if…
| The business mainly does | Use instead |
|---|---|
| Inspecting buildings for termites and other pests | 561710 Exterminating and Pest Control Services |
| Inspecting buildings for hazardous materials | 541620 Environmental Consulting Services |
| Waterless fire suppression system testing and/or inspection, without sales, service, or installation | 541990 All Other Professional, Scientific, and Technical Services |
| Estimating the fair market value of real estate | 531320 Offices of Real Estate Appraisers |
| Conducting building inspections and enforcing building codes and standards | 926150 Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors |
Index entries (7)
- Building inspection bureaus
- Building inspection services
- Energy efficiency inspection services
- Home inspection services
- Inspection bureaus, building
- Inspection services, building or home
- Prepurchase home inspection services