Manufacturing ·NAICS 333993

NAICS 333993 · IRS SOI 2023 · Census CBP

Packaging Machinery Manufacturing - Industry Benchmarks

$85,027/yr average annual pay, with 25 SBA loans on record for NAICS 333993.

523
Establishments
24K
Workers employed
$85,027/yr
Avg payroll / employee
$18M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 333993

Minnesota leads Packaging Machinery Manufacturing activity nationally, across 523 establishments employing 24K workers. IRS SOI doesn't publish margin data at this NAICS level.

523
Business establishments (Census)
24K
Workers employed (Census CBP)
$85,027/yr
Avg payroll / employee
$18M
SBA lending, FY20–26

Benchmarking Insights for Packaging Machinery Manufacturing

Packaging Machinery Manufacturing sits inside Manufacturing.

523 establishments employ 24,451 workers (46.8/location) at $85,027/yr average annual pay. Minnesota leads employment, followed by Wisconsin and Illinois.

Employment

24,451

Total employees (Census CBP)

Avg Payroll / Employee

$85,027/yr

Annual compensation

Establishments

523

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 1,702; establishment count increased by 7. 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)
$2.1B
Avg Employees per Establishment
46.8

Top States by Employment

State Employment
Minnesota 3,023
Wisconsin 2,644
Illinois 1,948
California 1,843
Kentucky 940
Pennsylvania 899
New Jersey 809
South Carolina 800
Virginia 733
Michigan 646

Showing top 10 of 32 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

25

Total Loan Volume

$18M

Avg Loan Size

$729K

Jobs Supported

328

Program Breakdown

7(a) 23 (92%)
504 2 (8%)

Top SBA Lender

TD Bank, National Association

2 loans in this industry

New Business Share

16.0% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
3
2021
6
2022
6
2023
3
2024
3
2025
2
2026
2

Frequently Asked Questions

How many businesses are in Packaging Machinery Manufacturing?
523 business establishments. Together they employ 24,451 workers.
What is the average payroll per employee in Packaging Machinery Manufacturing?
$85,027/yr average annual pay per employee. Businesses average 46.8 employees per establishment.
Which states have the most Packaging Machinery Manufacturing employment?
Minnesota leads with 3,023 workers. Wisconsin (2,644) and Illinois (1,948) round out the top three.
How much SBA lending does Packaging Machinery Manufacturing receive?
Packaging Machinery Manufacturing businesses received 25 SBA loans totaling $18 million between FY2020 and FY2026. The average loan size was $729K. These loans supported 328 jobs at origination. Most lending (92%) 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 35% 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 Packaging Machinery Manufacturing

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 333993 · 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.