Employment
23,734
Total employees (Census CBP)
Manufacturing ·NAICS 33241
NAICS 33241 · IRS SOI 2023 · Census CBP
Power Boiler and Heat Exchanger Manufacturing - Industry Benchmarks
$81,690/yr average annual pay, with 15 SBA loans on record for NAICS 33241.
- 237
- Establishments
- 24K
- Workers employed
- $81,690/yr
- Avg payroll / employee
- $9M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 33241
Virginia leads Power Boiler and Heat Exchanger Manufacturing activity nationally, across 237 establishments employing 24K workers. IRS SOI doesn't publish margin data at this NAICS level.
- 237
- Business establishments (Census)
- 24K
- Workers employed (Census CBP)
- $81,690/yr
- Avg payroll / employee
- $9M
- SBA lending, FY20–26
Benchmarking Insights for Power Boiler and Heat Exchanger Manufacturing
Power Boiler and Heat Exchanger Manufacturing sits inside Manufacturing.
237 establishments employ 23,734 workers (100.1/location) at $81,690/yr average annual pay. Virginia leads employment, followed by Texas and Pennsylvania.
Avg Payroll / Employee
$81,690/yr
Annual compensation
Establishments
237
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 1,019; establishment count decreased by 21. 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)
- $1.9B
- Avg Employees per Establishment
- 100.1
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Power Boiler and Heat Exchanger Manufacturing NAICS 332410 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| Virginia | 3,994 |
| Texas | 1,800 |
| Pennsylvania | 1,203 |
| California | 453 |
| Georgia | 422 |
| Washington | 328 |
Showing top 10 of 25 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
15
Total Loan Volume
$9M
Avg Loan Size
$619K
Jobs Supported
263
Program Breakdown
7(a) 11 (73%)
504 4 (27%)
Top SBA Lender
First American Bank
3 loans in this industry
New Business Share
0.0% of borrowers were new/startup businesses
Annual Lending Trend (6 yrs)
2020 1
2021 1
2022 1
2023 2
2024 4
2025 6
Frequently Asked Questions
How many businesses are in Power Boiler and Heat Exchanger Manufacturing?
237 business establishments. Together they employ 23,734 workers.
What is the average payroll per employee in Power Boiler and Heat Exchanger Manufacturing?
$81,690/yr average annual pay per employee. Businesses average 100.1 employees per establishment.
Which states have the most Power Boiler and Heat Exchanger Manufacturing employment?
Virginia leads with 3,994 workers. Texas (1,800) and Pennsylvania (1,203) round out the top three.
How much SBA lending does Power Boiler and Heat Exchanger Manufacturing receive?
Power Boiler and Heat Exchanger Manufacturing businesses received 15 SBA loans totaling $9 million between FY2020 and FY2026. The average loan size was $619K. These loans supported 263 jobs at origination. Most lending (73%) 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 21% of that same 551-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 Power Boiler and Heat Exchanger Manufacturing
- No margin data, check the parent industry. Browse Manufacturing
- 237 establishments, 23,734 workers. Payroll benchmarks
- 15 SBA loans on record. SBA lending 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 33241 · 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.
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.