Profit Margin
8.8%
Net income ÷ total receipts (IRS SOI)
Manufacturing ·NAICS 3351
NAICS 3351 · IRS SOI 2023 · Census CBP
Electric Lighting Equipment Manufacturing - Industry Benchmarks
$73,611/yr average annual pay, with 142 SBA loans on record for NAICS 3351.
- 8.8%
- Net margin
- 34K
- Workers employed
- $73,611/yr
- Avg payroll / employee
- $150M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 3351
Electric Lighting Equipment Manufacturing runs a 8.8% pre-tax net margin - in line with the national median - across 1K establishments employing 34K workers.
- 8.8%
- Pre-tax net margin (IRS SOI)
- 34K
- Workers employed (Census CBP)
- $73,611/yr
- Avg payroll / employee
- $150M
- SBA lending, FY20–26
Benchmarking Insights for Electric Lighting Equipment Manufacturing
Electric Lighting Equipment Manufacturing sits inside Manufacturing at a 8.8% net margin (in line with the national median), $207.3B in aggregate receipts across 1,470 returns, averaging $141.0B per establishment.
1,021 establishments employ 34,408 workers (33.7/location) at $73,611/yr average annual pay. California leads employment, followed by Wisconsin and Illinois.
Total Receipts
$207.3B
Annual revenue (IRS SOI)
Net Income
$18.2B
Pre-tax net income
Employment
34,408
Total employees (Census CBP)
Avg Payroll / Employee
$73,611/yr
Annual compensation
Establishments
1,021
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment decreased by 622; establishment count was unchanged by 0. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Where each dollar of Electric Lighting Equipment Manufacturing revenue goes
Workforce scale
Electric Lighting Equipment Manufacturing margin vs national reference points
Electric Lighting Equipment Manufacturing net margin 29.2%
Cross-industry median (5%)
p25/median/p75 = 3%/5%/8%
Business Structure Breakdown
How businesses in this industry are legally structured (IRS SOI)
C Corporation
1,470 returns 100%
Margin: 8.8% · Receipts: $207.3B
Financial Detail
- Total Tax Returns Filed
- 1,470
- Avg Receipts per Business
- $141.0B
- Annual Payroll (Total)
- $2.5B
- Avg Employees per Establishment
- 33.7
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Electric Lamp Bulb and Part Manufacturing NAICS 33511 | N/A |
| Lighting Fixture Manufacturing NAICS 33512 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| California | 5,016 |
| Wisconsin | 3,273 |
| Illinois | 2,674 |
| New Jersey | 1,595 |
| Florida | 1,318 |
| Virginia | 593 |
| Missouri | 560 |
| Georgia | 387 |
| Mississippi | 309 |
| Oregon | 260 |
Showing top 10 of 42 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
142
Total Loan Volume
$150M
Avg Loan Size
$1058K
Jobs Supported
1,563
Program Breakdown
7(a) 122 (86%)
504 20 (14%)
Top SBA Lender
Manufacturers and Traders Trust Company
9 loans in this industry
New Business Share
23.9% of borrowers were new/startup businesses
Annual Lending Trend (6 yrs)
2020 19
2021 26
2022 21
2023 18
2024 24
2025 34
Frequently Asked Questions
What is the average revenue for Electric Lighting Equipment Manufacturing?
$207.3B in total annual receipts across all Electric Lighting Equipment Manufacturing businesses. Average per business: $141.0B.
How profitable is Electric Lighting Equipment Manufacturing?
8.8% net profit margin, in line with the national median.
How many businesses are in Electric Lighting Equipment Manufacturing?
1,021 business establishments. Together they employ 34,408 workers.
What is the average payroll per employee in Electric Lighting Equipment Manufacturing?
$73,611/yr average annual pay per employee. Businesses average 33.7 employees per establishment.
Which states have the most Electric Lighting Equipment Manufacturing employment?
California leads with 5,016 workers. Wisconsin (3,273) and Illinois (2,674) round out the top three.
How much SBA lending does Electric Lighting Equipment Manufacturing receive?
Electric Lighting Equipment Manufacturing businesses received 142 SBA loans totaling $150 million between FY2020 and FY2026. The average loan size was $1058K. These loans supported 1,563 jobs at origination. Most lending (86%) 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: Electric Lighting Equipment Manufacturing reports a higher net margin than 77% of the 126 IRS-tracked industries at the same NAICS detail level. Its Census employment total exceeds 14% of that same 259-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 reported net margins
Same NAICS detail level, ordered by the smallest difference in reported IRS pre-tax margin.
Closest workforce scale
Same NAICS detail level, ordered by the smallest difference in reported Census employment.
Benchmarking Electric Lighting Equipment Manufacturing
- Net margin: 8.8% vs sector. Browse Manufacturing
- 1,021 establishments, 34,408 workers. Payroll benchmarks
- 142 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 3351 · 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.