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NAICS 513140 Quarterly Industry Report

Directory and Mailing List Publishers

Comprehensive industry research for valuation professionals, business owners, buyers, and lenders

NAICS Code: 513140Sector: Information (51)Updated: Q1 2026

About This Report

Fair Market Value compiles this NAICS 513140 industry report using data from the U.S. Census Bureau[5], the Bureau of Labor Statistics[6], and the Small Business Administration[7]. Our research team analyzes data licensing revenue models, directory advertising rates, and mailing list pricing structures to build valuation benchmarks specific to these publishing operations. This report on NAICS 513140 is updated quarterly to reflect evolving data privacy regulations and digital platform trends.

Industry Snapshot

Key metrics for the directory and mailing list publishers industry.

Establishments
1,375
2024 annual average[1]
Industry Revenue
$5M
2022 Economic Census[2]
Share of Information
0.2%
By establishment count, 2022 Census[2]
NAICS Sector
51
Information

Industry Definition & Overview

Directory and Mailing List Publishers (NAICS 513140) encompasses establishments primarily engaged in publishing directories, mailing lists, and compilations of facts or data. Products include telephone directories, business directories, professional membership directories, mailing address lists, and compilations of legal case results, drug databases, or public records. These publishers may distribute their products in print or electronic form, including through online platforms and downloadable databases. The industry has undergone a structural shift from print to digital delivery. Printed telephone directories and yellow pages, once the dominant revenue driver, have declined sharply as consumers and businesses migrated to online search engines and digital business listing platforms. Surviving firms have pivoted to data licensing, digital directory platforms, and targeted mailing list products that serve direct mail marketers, political campaigns, market researchers, and sales teams. Roughly 677 establishments remained active in recent industry counts. Mailing list compilation involves collecting, verifying, and enriching contact data from public records, surveys, subscription lists, and third-party sources. Data quality measures such as deduplication, address standardization, and demographic appending add value that commands premium pricing. The Census Bureau[3] tracks publishing industry revenue, while the Federal Trade Commission[4] regulates commercial data practices that affect how mailing list publishers collect and sell consumer information. Geographic concentration follows population density, with the largest operations based in major metro areas where data volume and client demand are highest.

What's Included in This Industry

  • Telephone and yellow pages directory publishing
  • Business and professional membership directory compilation
  • Mailing list compilation, verification, and licensing
  • Online directory platform development and maintenance
  • Data cleansing, deduplication, and address standardization
  • Demographic and firmographic data appending
  • Public record compilation and database publishing
  • Legal, medical, and regulatory reference database production
  • Print and digital directory distribution logistics
  • Custom list segmentation for direct mail campaigns

NAICS Classification Hierarchy

NAICS classification hierarchy for 513140
LevelDescriptionCode
SectorInformation51
SubsectorPublishing Industries513
Industry GroupNewspaper, Periodical, Book, and Directory Publishers5131
NAICS IndustryDirectory and Mailing List Publishers51314
National IndustryDirectory and Mailing List Publishers513140

Related NAICS Codes

Related NAICS codes and their relationships
CodeDescriptionRelationship
519290Web Search Portals and All Other Information ServicesWeb search portals and other information services compete with online directories for business listing visibility and consumer search traffic
541810Advertising AgenciesAdvertising agencies purchase mailing lists and directory placements to support direct mail and targeted marketing campaigns for their clients
561439Other Business Service Centers (including Copy Shops)Other business service centers provide mailing and fulfillment services that rely on address lists compiled by publishers in this code
513110Newspaper PublishersNewspaper publishers historically bundled classified directory sections that competed with standalone directory publishers for local business listings
541910Marketing Research and Public Opinion PollingMarket research firms purchase mailing lists and database products to build survey sample frames and consumer segmentation models
518210Computing Infrastructure Providers, Data Processing, Web Hosting, and Related ServicesData processing and hosting services provide the server infrastructure and database platforms that digital directory publishers operate on

Frequently Asked Questions

Common questions about this industry.

What types of businesses fall under NAICS 513140?
NAICS 513140 covers establishments that publish directories, mailing lists, and data compilations. This includes telephone directory publishers, business directory compilers, mailing list brokers, online directory platform operators, and firms publishing legal, medical, or public record databases.
How is NAICS 513140 different from 519290?
NAICS 513140 covers publishers that compile and distribute directories and mailing lists as their primary product, while 519290 covers web search portals and other information services. A printed or digital business directory falls under 513140; a web search engine falls under 519290, per Census Bureau classifications[11].
What is the SBA size standard for directory publishers?
The SBA sets the size standard for NAICS 513140 at 1,000 employees. Publishers below this headcount qualify as small businesses for federal contracting and SBA lending programs, per the SBA size standards table[8].
What NAICS codes are related to directory and mailing list publishing?
Related codes include 519290 (web search portals), 541810 (advertising agencies), 561439 (business service centers), 541910 (market research), and 518210 (data hosting). Each represents a client, competitor, or infrastructure provider in the directory data ecosystem.
What industries are closely related to directory publishers?
Closely related industries include online search platforms (519290) that compete for business listing traffic, advertising agencies (541810) that buy mailing lists, market research (541910) for data products, and data hosting (518210) for technology infrastructure.
What activities are included in directory and mailing list publishing?
Activities include directory compilation, mailing list assembly and licensing, data cleansing and deduplication, demographic appending, online platform management, print directory production, and custom list segmentation. The FTC[4] regulates data collection practices affecting mailing list operations.
Can directory publishers get SBA loans?
Yes. Publishers can apply for SBA 7(a) loans[9] to fund technology development, data acquisition, and working capital, and SBA 504 loans[10] for office and server infrastructure purchases. Recurring subscription revenue supports loan qualification.
Where are directory and mailing list publishers concentrated?
Major metro areas with large business populations support the highest concentrations, including New York, Chicago, Dallas, and Los Angeles. Digital directory operations can locate anywhere with broadband access, but legacy print operations cluster near population centers where door-to-door distribution remains viable, per Census Bureau County Business Patterns[12].

Sources & References

Government datasets and editorial sources used in this report.

  1. [1]U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages bls.gov
  2. [2]U.S. Census Bureau, Economic Census census.gov
  3. [3]Census Bureau data.census.gov
  4. [4]Federal Trade Commission ftc.gov
  5. [5]U.S. Census Bureau census.gov
  6. [6]Bureau of Labor Statistics bls.gov
  7. [7]Small Business Administration sba.gov
  8. [8]SBA size standard sba.gov
  9. [9]SBA 7(a) loan program sba.gov
  10. [10]SBA 504 loans sba.gov
  11. [11]Census Bureau classifications census.gov
  12. [12]Census Bureau County Business Patterns census.gov

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