Employment
29,914
Total employees (Census CBP)
Manufacturing ·NAICS 334515
NAICS 334515 · IRS SOI 2023 · Census CBP
Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals - Industry Benchmarks
$116,561/yr average annual pay, with 22 SBA loans on record for NAICS 334515.
- 672
- Establishments
- 30K
- Workers employed
- $116,561/yr
- Avg payroll / employee
- $16M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 334515
Massachusetts leads Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals activity nationally, across 672 establishments employing 30K workers. IRS SOI doesn't publish margin data at this NAICS level.
- 672
- Business establishments (Census)
- 30K
- Workers employed (Census CBP)
- $116,561/yr
- Avg payroll / employee
- $16M
- SBA lending, FY20–26
Benchmarking Insights for Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals
Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals sits inside Manufacturing.
672 establishments employ 29,914 workers (44.5/location) at $116,561/yr average annual pay. Massachusetts leads employment, followed by New Jersey and Florida.
Avg Payroll / Employee
$116,561/yr
Annual compensation
Establishments
672
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment decreased by 2,682; establishment count decreased by 3. 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)
- $3.5B
- Avg Employees per Establishment
- 44.5
Top States by Employment
| State | Employment |
|---|---|
| Massachusetts | 1,319 |
| New Jersey | 864 |
| Florida | 761 |
| Illinois | 698 |
| Arizona | 642 |
| Ohio | 640 |
| Virginia | 598 |
| Oregon | 539 |
| Michigan | 531 |
| Georgia | 392 |
Showing top 10 of 34 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
22
Total Loan Volume
$16M
Avg Loan Size
$720K
Jobs Supported
164
Program Breakdown
7(a) 18 (82%)
504 4 (18%)
Top SBA Lender
UniBank for Savings
3 loans in this industry
New Business Share
13.6% of borrowers were new/startup businesses
Annual Lending Trend (6 yrs)
2020 3
2021 2
2022 2
2023 2
2024 8
2025 5
Frequently Asked Questions
How many businesses are in Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals?
672 business establishments. Together they employ 29,914 workers.
What is the average payroll per employee in Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals?
$116,561/yr average annual pay per employee. Businesses average 44.5 employees per establishment.
Which states have the most Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals employment?
Massachusetts leads with 1,319 workers. New Jersey (864) and Florida (761) round out the top three.
How much SBA lending does Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals receive?
Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals businesses received 22 SBA loans totaling $16 million between FY2020 and FY2026. The average loan size was $720K. These loans supported 164 jobs at origination. Most lending (82%) 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 42% 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 Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals
- No margin data, check the parent industry. Browse Manufacturing
- 672 establishments, 29,914 workers. Payroll benchmarks
- 22 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 334515 · 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.