Employment
96,251
Total employees (Census CBP)
Manufacturing ·NAICS 33361
NAICS 33361 · IRS SOI (C corp) · Census CBP 2023
Engine, Turbine, and Power Transmission Equipment Manufacturing - Industry Benchmarks
$80,745/yr average annual pay, with 55 SBA loans on record for NAICS 33361.
- 899
- Establishments
- 96K
- Workers employed
- $80,745/yr
- Avg payroll / employee
- $35M
- SBA lending, FY20–26
Data updated August 2026
The verdict · NAICS 33361
Indiana leads Engine, Turbine, and Power Transmission Equipment Manufacturing activity nationally, across 899 establishments employing 96K workers. IRS SOI doesn't publish margin data at this NAICS level.
- 899
- Business establishments (Census)
- 96K
- Workers employed (Census CBP)
- $80,745/yr
- Avg payroll / employee
- $35M
- SBA lending, FY20–26
Use Engine, Turbine, and Power Transmission Equipment Manufacturing's NAICS benchmark as a comparison point, not a forecast for one business.
Engine, Turbine, and Power Transmission Equipment 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 Engine, Turbine, and Power Transmission Equipment Manufacturing
Engine, Turbine, and Power Transmission Equipment Manufacturing sits inside Manufacturing.
899 establishments employ 96,251 workers (107.1/location) at $80,745/yr average annual pay. Indiana leads employment, followed by Michigan and California.
Engine, Turbine, and Power Transmission Equipment Manufacturing sits in the 59th percentile for employment among 5-digit NAICS industries with reported data.
Avg Payroll / Employee
$80,745/yr
Annual compensation
Establishments
899
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 687; establishment count decreased by 9. 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)
- $7.8B
- Avg Employees per Establishment
- 107.1
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Mechanical Power Transmission Equipment Manufacturing NAICS 333613 | N/A |
| Other Engine Equipment Manufacturing NAICS 333618 | N/A |
| Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing NAICS 333612 | N/A |
| Turbine and Turbine Generator Set Units Manufacturing NAICS 333611 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| Indiana | 8,947 |
| Michigan | 7,989 |
| California | 7,810 |
| Illinois | 6,077 |
| North Carolina | 5,960 |
| Texas | 5,468 |
| Wisconsin | 5,348 |
| Ohio | 5,050 |
| Pennsylvania | 2,520 |
| Minnesota | 1,211 |
Showing top 10 of 42 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
55
Total Loan Volume
$35M
Avg Loan Size
$640K
Jobs Supported
450
Program Breakdown
7(a) 44 (80%)
504 11 (20%)
Top SBA Lender
U.S. Bank, National Association
4 loans in this industry
New Business Share
16.4% of borrowers were new/startup businesses
Annual Lending Trend (6 yrs)
2020 10
2021 8
2022 5
2023 8
2024 10
2025 14
Frequently Asked Questions
How many businesses are in Engine, Turbine, and Power Transmission Equipment Manufacturing?
899 business establishments. Together they employ 96,251 workers.
What is the average payroll per employee in Engine, Turbine, and Power Transmission Equipment Manufacturing?
$80,745/yr average annual pay per employee. Businesses average 107.1 employees per establishment.
Which states have the most Engine, Turbine, and Power Transmission Equipment Manufacturing employment?
Indiana leads with 8,947 workers. Michigan (7,989) and California (7,810) round out the top three.
How much SBA lending does Engine, Turbine, and Power Transmission Equipment Manufacturing receive?
Engine, Turbine, and Power Transmission Equipment Manufacturing businesses received 55 SBA loans totaling $35 million between FY2020 and FY2026. The average loan size was $640K. These loans supported 450 jobs at origination. Most lending (80%) came through the SBA 7(a) program.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Engine, Turbine, and Power Transmission Equipment Manufacturing, both at NAICS level 5 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Engine, Turbine, and Power Transmission Equipment Manufacturing ranks #225 of 551 U.S. industries at the 5-digit NAICS level by total employment.
Similar workforce scale
Nearest peer industries by ABS(Census employment) (96,251 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 33361 · 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.