Employment
24,451
Total employees (Census CBP)
Manufacturing ·NAICS 333993
NAICS 333993 · IRS SOI (C corp) · Census CBP 2023
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 August 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
Use Packaging Machinery Manufacturing's NAICS benchmark as a comparison point, not a forecast for one business.
Packaging 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 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.
Packaging Machinery Manufacturing sits in the 35th percentile for employment among 6-digit NAICS industries with reported data.
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.
Subscribe to this industry's release updates (RSS)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 FY2020–2026SBA 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.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Packaging Machinery Manufacturing, both at NAICS level 6 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Packaging Machinery Manufacturing ranks #519 of 801 U.S. industries at the 6-digit NAICS level by total employment.
Similar workforce scale
Nearest peer industries by ABS(Census employment) (24,451 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 333993 · 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.