Employment
129,616
Total employees (Census CBP)
Manufacturing ·NAICS 332322
NAICS 332322 · IRS SOI (C corp) · Census CBP 2023
Sheet Metal Work Manufacturing - Industry Benchmarks
$63,915/yr average annual pay, with 302 SBA loans on record for NAICS 332322.
- 5K
- Establishments
- 130K
- Workers employed
- $63,915/yr
- Avg payroll / employee
- $264M
- SBA lending, FY20–26
Data updated August 2026
The verdict · NAICS 332322
California leads Sheet Metal Work Manufacturing activity nationally, across 5K establishments employing 130K workers. IRS SOI doesn't publish margin data at this NAICS level.
- 5K
- Business establishments (Census)
- 130K
- Workers employed (Census CBP)
- $63,915/yr
- Avg payroll / employee
- $264M
- SBA lending, FY20–26
Use Sheet Metal Work Manufacturing's NAICS benchmark as a comparison point, not a forecast for one business.
Sheet Metal Work Manufacturing is reported here with financial measures from IRS Statistics of Income and workforce measures from Census County Business Patterns. The page keeps those source systems distinct, shows unavailable fields rather than estimating them, and links the underlying industry context so readers can compare the same NAICS activity before interpreting a margin or payroll figure.
Source: IRS SOI (C corporation headline) and Census County Business Patterns 2023
Benchmarking Insights for Sheet Metal Work Manufacturing
Sheet Metal Work Manufacturing sits inside Manufacturing.
4,652 establishments employ 129,616 workers (27.9/location) at $63,915/yr average annual pay. California leads employment, followed by Texas and Wisconsin.
Sheet Metal Work Manufacturing sits in the 77th percentile for employment among 6-digit NAICS industries with reported data.
Avg Payroll / Employee
$63,915/yr
Annual compensation
Establishments
4,652
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 4,912; establishment count increased by 47. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Subscribe to this industry's release updates (RSS)Workforce scale
Financial Detail
- Annual Payroll (Total)
- $8.3B
- Avg Employees per Establishment
- 27.9
Top States by Employment
| State | Employment |
|---|---|
| California | 14,214 |
| Texas | 12,522 |
| Wisconsin | 7,465 |
| Pennsylvania | 5,447 |
| Illinois | 5,251 |
| North Carolina | 5,041 |
| Florida | 5,007 |
| Indiana | 5,005 |
| Michigan | 4,917 |
| Ohio | 4,830 |
Showing top 10 of 50 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
302
Total Loan Volume
$264M
Avg Loan Size
$876K
Jobs Supported
4,108
Program Breakdown
7(a) 226 (75%)
504 76 (25%)
Top SBA Lender
Newtek Bank, National Association
24 loans in this industry
New Business Share
24.2% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 37
2021 55
2022 62
2023 32
2024 58
2025 45
2026 13
Frequently Asked Questions
How many businesses are in Sheet Metal Work Manufacturing?
4,652 business establishments. Together they employ 129,616 workers.
What is the average payroll per employee in Sheet Metal Work Manufacturing?
$63,915/yr average annual pay per employee. Businesses average 27.9 employees per establishment.
Which states have the most Sheet Metal Work Manufacturing employment?
California leads with 14,214 workers. Texas (12,522) and Wisconsin (7,465) round out the top three.
How much SBA lending does Sheet Metal Work Manufacturing receive?
Sheet Metal Work Manufacturing businesses received 302 SBA loans totaling $264 million between FY2020 and FY2026. The average loan size was $876K. These loans supported 4,108 jobs at origination. Most lending (75%) came through the SBA 7(a) program.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Sheet Metal Work Manufacturing, both at NAICS level 6 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Sheet Metal Work Manufacturing ranks #182 of 801 U.S. industries at the 6-digit NAICS level by total employment.
Similar workforce scale
Nearest peer industries by ABS(Census employment) (129,616 here).
Read with this industry: Industry employment trends · Manufacturing · Rankings
Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.
Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023
NAICS 332322 · CBP 2023 · IRS SOI
According to the U.S. Census Bureau, which released its 2023 County Business Patterns dataset in June 2025, PlainBizBench benchmarks 2,002 U.S. industries against Internal Revenue Service Statistics of Income data. See our methodology for the full compilation process.
Read our methodology - how this data is sourced, computed, and verified.
Source: U.S. Census Bureau, County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2023
Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates profit-margin, payroll, entity-type, and SBA-lending benchmarks for this industry, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.
Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.