Employment
23,734
Total employees (Census CBP)
Manufacturing ·NAICS 332410
NAICS 332410 · IRS SOI (C corp) · Census CBP 2023
Power Boiler and Heat Exchanger Manufacturing - Industry Benchmarks
$81,690/yr average annual pay, with 15 SBA loans on record for NAICS 332410.
- 237
- Establishments
- 24K
- Workers employed
- $81,690/yr
- Avg payroll / employee
- $9M
- SBA lending, FY20–26
Data updated August 2026
The verdict · NAICS 332410
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
Use Power Boiler and Heat Exchanger Manufacturing's NAICS benchmark as a comparison point, not a forecast for one business.
Power Boiler and Heat Exchanger 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 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.
Power Boiler and Heat Exchanger Manufacturing sits in the 34th percentile for employment among 6-digit NAICS industries with reported data.
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.
Subscribe to this industry's release updates (RSS)Workforce scale
Financial Detail
- Annual Payroll (Total)
- $1.9B
- Avg Employees per Establishment
- 100.1
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.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Power Boiler and Heat Exchanger Manufacturing, both at NAICS level 6 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Power Boiler and Heat Exchanger Manufacturing ranks #527 of 801 U.S. industries at the 6-digit NAICS level by total employment.
Similar workforce scale
Nearest peer industries by ABS(Census employment) (23,734 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 332410 · 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.