Built Environment – Banking Institutions
This indicator reports the number of banking institutions (commercial banks, savings institutions and credit unions) per 100,000, as defined by North American Industry Classification System (NAICS) codes 522110, 522130, and 522120. These are establishments primarily engaged in accepting deposits and making loans.
Note: Counts of establishments < 3 are suppressed.
Source
Source Description
About
County Business Patterns (CBP) is an annual series that provides sub-national economic data by industry. Data for establishments are presented by geographic area, 6-digit NAICS industry, legal form of organization (U.S. and state only), and employment size class. Information is available on the number of establishments, employment during the week of March 12, first-quarter payroll, and annual payroll. ZIP Code Business Patterns (ZBP) data are available shortly after the release of County Business Patterns.
County Business Patterns basic data items are extracted from the Business Register (BR), a database of all known single and multi-establishment employer companies maintained and updated by the U.S. Census Bureau. The BR contains the most complete, current, and consistent data for business establishments. The annual Company Organization Survey provides individual establishment data for multi-establishment companies. Data for single-establishment companies are obtained from various Census Bureau programs, such as the Economic Census, Annual Survey of Manufactures, and Current Business Surveys, as well as from administrative record sources.
Citation: U.S. Census Bureau: County Business Patterns.
For more information about this source, including data collection methodology and definitions, refer to the County Business Patterns website.
Data Limitations
Data are available for all known establishments with paid employees. Non-employers and most government establishments are excluded from tabulations. For a full list of exclusions, please see the County Business Patterns Methodology.
Beginning in 2017, The County Business Patterns methodology was updated to provide enhanced protection for establishments. With this update, data suppression was applied in geographic areas with fewer than 3 establishments per NAICS code. For additional details on data suppression, please see the County Business Patterns Methodology.
Methodology
Population figures are acquired for this indicator from the U.S. Census Bureau, 2020 Decennial Census, Summary File 1. Industry counts are acquired from the U.S. Census Bureau, County Business Patterns (CBP) data file. Industries are stratified based on the 2017 North American Industry Classification System (NAICS) – a coding system used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy. Establishment rates for each county are derived using the following formula:
              Rate = [Establishment Count] / [Population] * 100,000
Prior to reference year 2017, the number of establishments in a particular county was not considered sensitive; therefore, counts of establishments were released without any disclosure avoidance methods applied. Beginning with reference year 2017, counties with fewer than 3 establishments have been omitted from the release. This change to the level of information released causes many low population counties to be excluded and prevents comparison with previous CBP data releases.
The specific NAICS codes used to identify establishment categories within the County Business Patterns (CBP) are listed below.
- Banking institutions: 522110, 522130, and 522120
Establishments primarily engaged in accepting deposits and making loans, including Commercial Banking, Credit Unions, and Savings Institutions. - Fast food restaurants: 722513 (formerly 722211)
Any “limited service” establishments where the customer typically orders or selects items and pay before eating. Establishments may include carryout restaurants, delicatessens, drive-ins, pizza delivery shops, sandwich shops, and other fast food restaurants - Grocery stores and supermarkets: 445110
Grocery stores are establishments engaged in selling a “general line of food, such as canned and frozen foods; fresh fruits and vegetables; and fresh and prepared meats, fish, and poultry”. Examples include supermarkets, commissaries and food stores. Convenience stores are excluded. - Liquor stores: 445310
Establishments engaged in “retailing packaged alcoholic beverages, such as ale, beer, wine, and liquor“. Bars and other venues serving alcoholic beverages intended for immediate consumption on the premises are not included. - Recreational facilities: 713940
Establishments engaged in operating facilities which offer “exercise and other active physical fitness conditioning or recreational sports activities”. Examples include athletic clubs, gymnasiums, dance centers, tennis clubs, and swimming pools. - Social associations: 711211, 713910, 713940, 713950, 813110, 813410, 813990, 813910, 813920, 813930, and 813940
This industry comprises establishments primarily engaged in promoting the civic and social interests of their members, promoting organized labor, political organizations, business associations, sporting associations, fitness clubs, and country clubs.
A complete list of NAICS codes and definitions is available using the NAICS Association’s free lookup service .