Manufacturing ·NAICS 332710

NAICS 332710 · IRS SOI 2023 · Census CBP

Machine Shops - Industry Benchmarks

$63,715/yr average annual pay, with 1,300 SBA loans on record for NAICS 332710.

17K
Establishments
223K
Workers employed
$63,715/yr
Avg payroll / employee
$1.0B
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 332710

California leads Machine Shops activity nationally, across 17K establishments employing 223K workers. IRS SOI doesn't publish margin data at this NAICS level.

17K
Business establishments (Census)
223K
Workers employed (Census CBP)
$63,715/yr
Avg payroll / employee
$1.0B
SBA lending, FY20–26

Benchmarking Insights for Machine Shops

Machine Shops sits inside Manufacturing.

17,156 establishments employ 223,313 workers (13.0/location) at $63,715/yr average annual pay. California leads employment, followed by Texas and Ohio.

Employment

223,313

Total employees (Census CBP)

Avg Payroll / Employee

$63,715/yr

Annual compensation

Establishments

17,156

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 4,963; establishment count decreased by 277. 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)
$14.2B
Avg Employees per Establishment
13.0

Top States by Employment

State Employment
California 27,770
Texas 15,400
Ohio 14,772
Michigan 13,425
Pennsylvania 13,135
Illinois 11,602
Wisconsin 11,574
Minnesota 8,414
Indiana 7,752
New York 7,537

Showing top 10 of 50 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

1,300

Total Loan Volume

$1.0B

Avg Loan Size

$796K

Jobs Supported

15,437

Program Breakdown

7(a) 1,057 (81%)
504 243 (19%)

Top SBA Lender

The Huntington National Bank

116 loans in this industry

New Business Share

23.2% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
195
2021
286
2022
206
2023
191
2024
188
2025
201
2026
33

Frequently Asked Questions

How many businesses are in Machine Shops?
17,156 business establishments. Together they employ 223,313 workers.
What is the average payroll per employee in Machine Shops?
$63,715/yr average annual pay per employee. Businesses average 13.0 employees per establishment.
Which states have the most Machine Shops employment?
California leads with 27,770 workers. Texas (15,400) and Ohio (14,772) round out the top three.
How much SBA lending does Machine Shops receive?
Machine Shops businesses received 1,300 SBA loans totaling $1.0 billion between FY2020 and FY2026. The average loan size was $796K. These loans supported 15,437 jobs at origination. Most lending (81%) 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 87% 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 Machine Shops

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 332710 · 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.