Manufacturing ·NAICS 335311

NAICS 335311 · IRS SOI (C corp) · Census CBP 2023

Power, Distribution, and Specialty Transformer Manufacturing - Industry Benchmarks

$69,835/yr average annual pay, with 25 SBA loans on record for NAICS 335311.

242
Establishments
27K
Workers employed
$69,835/yr
Avg payroll / employee
$31M
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 335311

Tennessee leads Power, Distribution, and Specialty Transformer Manufacturing activity nationally, across 242 establishments employing 27K workers. IRS SOI doesn't publish margin data at this NAICS level.

242
Business establishments (Census)
27K
Workers employed (Census CBP)
$69,835/yr
Avg payroll / employee
$31M
SBA lending, FY20–26

Use Power, Distribution, and Specialty Transformer Manufacturing's NAICS benchmark as a comparison point, not a forecast for one business.

Power, Distribution, and Specialty Transformer 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 Power, Distribution, and Specialty Transformer Manufacturing

Power, Distribution, and Specialty Transformer Manufacturing sits inside Manufacturing.

242 establishments employ 26,731 workers (110.5/location) at $69,835/yr average annual pay. Tennessee leads employment, followed by Texas and Ohio.

Power, Distribution, and Specialty Transformer Manufacturing sits in the 38th percentile for employment among 6-digit NAICS industries with reported data.

Employment

26,731

Total employees (Census CBP)

Avg Payroll / Employee

$69,835/yr

Annual compensation

Establishments

242

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 5,145; establishment count was unchanged by 0. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

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Workforce scale

Financial Detail

Annual Payroll (Total)
$1.9B
Avg Employees per Establishment
110.5

Top States by Employment

State Employment
Tennessee 3,206
Texas 1,540
Ohio 432
South Carolina 346
New Hampshire 30

Showing top 10 of 28 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

25

Total Loan Volume

$31M

Avg Loan Size

$1248K

Jobs Supported

524

Program Breakdown

7(a) 18 (72%)
504 7 (28%)

Top SBA Lender

Union Bank and Trust Company

4 loans in this industry

New Business Share

16.0% of borrowers were new/startup businesses

Annual Lending Trend (6 yrs)

2020
3
2021
2
2022
4
2023
7
2024
4
2025
5

Frequently Asked Questions

How many businesses are in Power, Distribution, and Specialty Transformer Manufacturing?
242 business establishments. Together they employ 26,731 workers.
What is the average payroll per employee in Power, Distribution, and Specialty Transformer Manufacturing?
$69,835/yr average annual pay per employee. Businesses average 110.5 employees per establishment.
Which states have the most Power, Distribution, and Specialty Transformer Manufacturing employment?
Tennessee leads with 3,206 workers. Texas (1,540) and Ohio (432) round out the top three.
How much SBA lending does Power, Distribution, and Specialty Transformer Manufacturing receive?
Power, Distribution, and Specialty Transformer Manufacturing businesses received 25 SBA loans totaling $31 million between FY2020 and FY2026. The average loan size was $1248K. These loans supported 524 jobs at origination. Most lending (72%) came through the SBA 7(a) program.

Nationwide industries with similar benchmark drivers

Two IRS/Census peer sets for Power, Distribution, and Specialty Transformer Manufacturing, both at NAICS level 6 and excluding this code so the neighborhoods are not self-links.

According to Census County Business Patterns 2023, Power, Distribution, and Specialty Transformer Manufacturing ranks #495 of 801 U.S. industries at the 6-digit NAICS level by total employment.

Similar workforce scale

Nearest peer industries by ABS(Census employment) (26,731 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 335311 · 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.

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.