Manufacturing ·NAICS 332322

NAICS 332322 · IRS SOI 2023 · Census CBP

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 July 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

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.

Employment

129,616

Total employees (Census CBP)

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.

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 FY2020–2026

SBA 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.

Comparable industry benchmarks

These links are calculated from the current national dataset. They are comparison paths, not recommendations or evidence that businesses operate alike.

How this ranks: Its Census employment total exceeds 77% of that same 801-industry cohort. Calculated by ranking this industry's reported value against every other industry at the same NAICS digit-level, not the whole dataset: comparing a 6-digit detail industry to a 2-digit sector would mix incompatible scales.

Closest workforce scale

Same NAICS detail level, ordered by the smallest difference in reported Census employment.

Benchmarking Sheet Metal Work Manufacturing

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 · Data year: 2023

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.

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.