Employment
134,208
Total employees (Census CBP)
Manufacturing ·NAICS 33351
NAICS 33351 · IRS SOI (C corp) · Census CBP 2023
Metalworking Machinery Manufacturing - Industry Benchmarks
$69,334/yr average annual pay, with 425 SBA loans on record for NAICS 33351.
- 6K
- Establishments
- 134K
- Workers employed
- $69,334/yr
- Avg payroll / employee
- $310M
- SBA lending, FY20–26
Data updated August 2026
The verdict · NAICS 33351
Michigan leads Metalworking Machinery Manufacturing activity nationally, across 6K establishments employing 134K workers. IRS SOI doesn't publish margin data at this NAICS level.
- 6K
- Business establishments (Census)
- 134K
- Workers employed (Census CBP)
- $69,334/yr
- Avg payroll / employee
- $310M
- SBA lending, FY20–26
Use Metalworking Machinery Manufacturing's NAICS benchmark as a comparison point, not a forecast for one business.
Metalworking Machinery 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 Metalworking Machinery Manufacturing
Metalworking Machinery Manufacturing sits inside Manufacturing.
5,772 establishments employ 134,208 workers (23.3/location) at $69,334/yr average annual pay. Michigan leads employment, followed by Ohio and California.
Metalworking Machinery Manufacturing sits in the 67th percentile for employment among 5-digit NAICS industries with reported data.
Avg Payroll / Employee
$69,334/yr
Annual compensation
Establishments
5,772
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment decreased by 2,019; establishment count decreased by 126. 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)
- $9.3B
- Avg Employees per Establishment
- 23.3
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Cutting Tool and Machine Tool Accessory Manufacturing NAICS 333515 | N/A |
| Industrial Mold Manufacturing NAICS 333511 | N/A |
| Machine Tool Manufacturing NAICS 333517 | N/A |
| Rolling Mill and Other Metalworking Machinery Manufacturing NAICS 333519 | N/A |
| Special Die and Tool, Die Set, Jig, and Fixture Manufacturing NAICS 333514 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| Michigan | 26,662 |
| Ohio | 14,950 |
| California | 9,330 |
| Illinois | 9,297 |
| Pennsylvania | 7,186 |
| Wisconsin | 7,009 |
| Indiana | 5,074 |
| Minnesota | 4,797 |
| New York | 4,511 |
| Tennessee | 3,614 |
Showing top 10 of 47 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
425
Total Loan Volume
$310M
Avg Loan Size
$729K
Jobs Supported
4,956
Program Breakdown
7(a) 354 (83%)
504 71 (17%)
Top SBA Lender
The Huntington National Bank
60 loans in this industry
New Business Share
20.9% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 99
2021 83
2022 52
2023 55
2024 80
2025 53
2026 3
Frequently Asked Questions
How many businesses are in Metalworking Machinery Manufacturing?
5,772 business establishments. Together they employ 134,208 workers.
What is the average payroll per employee in Metalworking Machinery Manufacturing?
$69,334/yr average annual pay per employee. Businesses average 23.3 employees per establishment.
Which states have the most Metalworking Machinery Manufacturing employment?
Michigan leads with 26,662 workers. Ohio (14,950) and California (9,330) round out the top three.
How much SBA lending does Metalworking Machinery Manufacturing receive?
Metalworking Machinery Manufacturing businesses received 425 SBA loans totaling $310 million between FY2020 and FY2026. The average loan size was $729K. These loans supported 4,956 jobs at origination. Most lending (83%) came through the SBA 7(a) program.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Metalworking Machinery Manufacturing, both at NAICS level 5 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Metalworking Machinery Manufacturing ranks #181 of 551 U.S. industries at the 5-digit NAICS level by total employment.
Similar workforce scale
Nearest peer industries by ABS(Census employment) (134,208 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 33351 · 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.