Manufacturing ·NAICS 3364

NAICS 3364 · IRS SOI 2023 · Census CBP

Aerospace Product and Parts Manufacturing - Industry Benchmarks

$108,008/yr average annual pay, with 182 SBA loans on record for NAICS 3364.

5.4%
Net margin
429K
Workers employed
$108,008/yr
Avg payroll / employee
$209M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 3364

Aerospace Product and Parts Manufacturing runs a 5.4% pre-tax net margin - below the national median - across 2K establishments employing 429K workers.

5.4%
Pre-tax net margin (IRS SOI)
429K
Workers employed (Census CBP)
$108,008/yr
Avg payroll / employee
$209M
SBA lending, FY20–26

Benchmarking Insights for Aerospace Product and Parts Manufacturing

Aerospace Product and Parts Manufacturing sits inside Manufacturing at a 5.4% net margin (below the national median), $336.1B in aggregate receipts across 1,580 returns, averaging $212.7B per establishment.

1,907 establishments employ 428,728 workers (224.8/location) at $108,008/yr average annual pay. North Carolina leads employment, followed by Illinois and Michigan.

Profit Margin

5.4%

Net income ÷ total receipts (IRS SOI)

Total Receipts

$336.1B

Annual revenue (IRS SOI)

Net Income

$18.1B

Pre-tax net income

Employment

428,728

Total employees (Census CBP)

Avg Payroll / Employee

$108,008/yr

Annual compensation

Establishments

1,907

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 7,246; establishment count increased by 67. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

Where each dollar of Aerospace Product and Parts Manufacturing revenue goes

Workforce scale

Aerospace Product and Parts Manufacturing margin vs national reference points

Aerospace Product and Parts Manufacturing net margin 17.9%
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
1,580 returns 100%

Margin: 5.4% · Receipts: $336.1B

Financial Detail

Total Tax Returns Filed
1,580
Avg Receipts per Business
$212.7B
Annual Payroll (Total)
$46.3B
Avg Employees per Establishment
224.8

Sub-Industries

Industry Profit Margin
Aerospace Product and Parts Manufacturing

NAICS 33641

N/A

Top States by Employment

State Employment
North Carolina 6,163
Illinois 5,470
Michigan 4,827
Arkansas 4,767
Virginia 4,045
Oklahoma 3,588
West Virginia 2,393
New Jersey 655
Louisiana 527
South Dakota 266

Showing top 10 of 47 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

182

Total Loan Volume

$209M

Avg Loan Size

$1150K

Jobs Supported

4,579

Program Breakdown

7(a) 147 (81%)
504 35 (19%)

Top SBA Lender

Newtek Small Business Finance, Inc.

11 loans in this industry

New Business Share

12.1% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
26
2021
27
2022
25
2023
31
2024
34
2025
35
2026
4

Frequently Asked Questions

What is the average revenue for Aerospace Product and Parts Manufacturing?
$336.1B in total annual receipts across all Aerospace Product and Parts Manufacturing businesses. Average per business: $212.7B.
How profitable is Aerospace Product and Parts Manufacturing?
5.4% net profit margin, below the national median.
How many businesses are in Aerospace Product and Parts Manufacturing?
1,907 business establishments. Together they employ 428,728 workers.
What is the average payroll per employee in Aerospace Product and Parts Manufacturing?
$108,008/yr average annual pay per employee. Businesses average 224.8 employees per establishment.
Which states have the most Aerospace Product and Parts Manufacturing employment?
North Carolina leads with 6,163 workers. Illinois (5,470) and Michigan (4,827) round out the top three.
How much SBA lending does Aerospace Product and Parts Manufacturing receive?
Aerospace Product and Parts Manufacturing businesses received 182 SBA loans totaling $209 million between FY2020 and FY2026. The average loan size was $1150K. These loans supported 4,579 jobs at origination. Most lending (81%) 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: Aerospace Product and Parts Manufacturing reports a higher net margin than 50% of the 126 IRS-tracked industries at the same NAICS detail level. Its Census employment total exceeds 72% 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 Aerospace Product and Parts 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 3364 · 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.