Employment
28,524
Total employees (Census CBP)
Manufacturing ·NAICS 333517
NAICS 333517 · IRS SOI 2023 · Census CBP
Machine Tool Manufacturing - Industry Benchmarks
$75,447/yr average annual pay, with 137 SBA loans on record for NAICS 333517.
- 1K
- Establishments
- 29K
- Workers employed
- $75,447/yr
- Avg payroll / employee
- $94M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 333517
Ohio leads Machine Tool Manufacturing activity nationally, across 1K establishments employing 29K workers. IRS SOI doesn't publish margin data at this NAICS level.
- 1K
- Business establishments (Census)
- 29K
- Workers employed (Census CBP)
- $75,447/yr
- Avg payroll / employee
- $94M
- SBA lending, FY20–26
Benchmarking Insights for Machine Tool Manufacturing
Machine Tool Manufacturing sits inside Manufacturing.
1,195 establishments employ 28,524 workers (23.9/location) at $75,447/yr average annual pay. Ohio leads employment, followed by Michigan and California.
Avg Payroll / Employee
$75,447/yr
Annual compensation
Establishments
1,195
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 251; establishment count decreased by 5. 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)
- $2.2B
- Avg Employees per Establishment
- 23.9
Top States by Employment
| State | Employment |
|---|---|
| Ohio | 4,549 |
| Michigan | 3,746 |
| California | 2,769 |
| Pennsylvania | 1,671 |
| Illinois | 1,509 |
| Wisconsin | 1,079 |
| Missouri | 1,056 |
| Indiana | 732 |
| Minnesota | 595 |
| New Jersey | 265 |
Showing top 10 of 41 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
137
Total Loan Volume
$94M
Avg Loan Size
$683K
Jobs Supported
1,393
Program Breakdown
7(a) 110 (80%)
504 27 (20%)
Top SBA Lender
The Huntington National Bank
19 loans in this industry
New Business Share
20.4% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 33
2021 21
2022 14
2023 21
2024 27
2025 20
2026 1
Frequently Asked Questions
How many businesses are in Machine Tool Manufacturing?
1,195 business establishments. Together they employ 28,524 workers.
What is the average payroll per employee in Machine Tool Manufacturing?
$75,447/yr average annual pay per employee. Businesses average 23.9 employees per establishment.
Which states have the most Machine Tool Manufacturing employment?
Ohio leads with 4,549 workers. Michigan (3,746) and California (2,769) round out the top three.
How much SBA lending does Machine Tool Manufacturing receive?
Machine Tool Manufacturing businesses received 137 SBA loans totaling $94 million between FY2020 and FY2026. The average loan size was $683K. These loans supported 1,393 jobs at origination. Most lending (80%) 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 40% 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 Tool Manufacturing
- No margin data, check the parent industry. Browse Manufacturing
- 1,195 establishments, 28,524 workers. Payroll benchmarks
- 137 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 333517 · 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.