Manufacturing ·NAICS 334516

NAICS 334516 · IRS SOI 2023 · Census CBP

Analytical Laboratory Instrument Manufacturing - Industry Benchmarks

$113,450/yr average annual pay, with 34 SBA loans on record for NAICS 334516.

652
Establishments
51K
Workers employed
$113,450/yr
Avg payroll / employee
$42M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 334516

California leads Analytical Laboratory Instrument Manufacturing activity nationally, across 652 establishments employing 51K workers. IRS SOI doesn't publish margin data at this NAICS level.

652
Business establishments (Census)
51K
Workers employed (Census CBP)
$113,450/yr
Avg payroll / employee
$42M
SBA lending, FY20–26

Benchmarking Insights for Analytical Laboratory Instrument Manufacturing

Analytical Laboratory Instrument Manufacturing sits inside Manufacturing.

652 establishments employ 50,576 workers (77.6/location) at $113,450/yr average annual pay. California leads employment, followed by Massachusetts and Pennsylvania.

Employment

50,576

Total employees (Census CBP)

Avg Payroll / Employee

$113,450/yr

Annual compensation

Establishments

652

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 4,288; establishment count increased 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)
$5.7B
Avg Employees per Establishment
77.6

Top States by Employment

State Employment
California 13,420
Massachusetts 8,016
Pennsylvania 2,316
Michigan 1,733
Delaware 1,278
Illinois 911
Washington 645
Nebraska 629
North Carolina 604
New Hampshire 519

Showing top 10 of 37 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

34

Total Loan Volume

$42M

Avg Loan Size

$1241K

Jobs Supported

494

Program Breakdown

7(a) 30 (88%)
504 4 (12%)

Top SBA Lender

GBC International Bank

7 loans in this industry

New Business Share

2.9% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
8
2021
6
2022
4
2023
3
2024
4
2025
8
2026
1

Frequently Asked Questions

How many businesses are in Analytical Laboratory Instrument Manufacturing?
652 business establishments. Together they employ 50,576 workers.
What is the average payroll per employee in Analytical Laboratory Instrument Manufacturing?
$113,450/yr average annual pay per employee. Businesses average 77.6 employees per establishment.
Which states have the most Analytical Laboratory Instrument Manufacturing employment?
California leads with 13,420 workers. Massachusetts (8,016) and Pennsylvania (2,316) round out the top three.
How much SBA lending does Analytical Laboratory Instrument Manufacturing receive?
Analytical Laboratory Instrument Manufacturing businesses received 34 SBA loans totaling $42 million between FY2020 and FY2026. The average loan size was $1241K. These loans supported 494 jobs at origination. Most lending (88%) 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 56% 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 Analytical Laboratory Instrument 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 334516 · 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.