NAICS 337 · IRS SOI 2013 (C corp) · Census CBP 2023

Furniture and Related Product Manufacturing - Industry Benchmarks

$52,242/yr average annual pay, with 1,305 SBA loans on record for NAICS 337.

4.8%
Net margin: 356K
Workers employed: $52,242/yr
Avg payroll / employee: $883M
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 337

Furniture and Related Product Manufacturing runs a 4.8% pre-tax net margin - below the national median - across 14K establishments employing 356K workers.

4.8%
Pre-tax net margin (IRS SOI): 356K
Workers employed (Census CBP): $52,242/yr
Avg payroll / employee: $883M
SBA lending, FY20–26

Use Furniture and Related Product Manufacturing's NAICS benchmark as a comparison point, not a forecast for one business.

Furniture and Related Product 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 2013 (C corporation headline) and Census County Business Patterns 2023

Benchmarking Insights for Furniture and Related Product Manufacturing

Furniture and Related Product Manufacturing sits inside Manufacturing at a 4.8% net margin (below the national median), $64.5B in aggregate receipts across 11,898 returns, averaging $5.4B per establishment.

14,378 establishments employ 355,594 workers (24.7/location) at $52,242/yr average annual pay. North Carolina leads employment, followed by California and Texas.

Furniture and Related Product Manufacturing sits in the 27th percentile for employment and the 53rd percentile for net margin among 3-digit NAICS industries with reported data.

Profit Margin

4.8%

Net income ÷ total receipts (IRS SOI)

Total Receipts

$64.5B

Annual revenue (IRS SOI)

Net Income

$3.1B

Pre-tax net income

Employment

355,594

Total employees (Census CBP)

Avg Payroll / Employee

$52,242/yr

Annual compensation

Establishments

14,378

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 15,570; establishment count decreased by 228. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

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Where each dollar of Furniture and Related Product Manufacturing revenue goes

Receipts decomposition, IRS Statistics of Income 2023 aggregate for Furniture and Related Product Manufacturing

Workforce scale

Establishment size, Furniture and Related Product Manufacturing (Census SUSB)

Furniture and Related Product Manufacturing margin vs national reference points

Furniture and Related Product Manufacturing net margin 15.9%

Cross-industry median (5%)

p25/median/p75 = 3%/5%/7%

Business Structure Breakdown

Per-entity IRS SOI tables at their own vintages, shares only when every row shares one year (never mix 2013/2017/2022 populations).

C Corporation SOI 2013

11,898 returns 100%

Margin: 4.8% · Receipts: $64.5B

Financial Detail

Total Tax Returns Filed: 11,898
Avg Receipts per Business: $5.4B
Annual Payroll (Total): $18.6B
Avg Employees per Establishment: 24.7

Sub-Industries

Industry	Profit Margin	Employment	Avg Payroll/Emp
Household and Institutional Furniture and Kitchen Cabinet Manufacturing NAICS 3371	N/A	217,951	$48,032/yr
Office Furniture (including Fixtures) Manufacturing NAICS 3372	N/A	104,723	$60,229/yr
Other Furniture Related Product Manufacturing NAICS 3379	N/A	32,920	$54,709/yr

Top States by Employment

State	Employment	Establishments	Annual Payroll	Avg Payroll/Emp
North Carolina	30,962	682	$1.5B	$47,564/yr
California	29,016	1,721	$1.6B	$56,057/yr
Texas	23,124	862	$1.2B	$51,396/yr
Indiana	22,330	485	$1.1B	$49,411/yr
Michigan	19,799	388	N/A	N/A
Pennsylvania	15,017	608	$770.6M	$51,316/yr
Ohio	12,644	602	$643.6M	$50,902/yr
Florida	12,331	1,039	$632.5M	$51,293/yr
Georgia	11,494	467	$619.3M	$53,884/yr
New York	10,784	822	$657.7M	$60,991/yr

Showing top 10 of 51 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

1,305

Total Loan Volume

$883M

Avg Loan Size

$677K

Jobs Supported

15,514

Program Breakdown

7(a) 1,107 (85%)

504 198 (15%)

Top SBA Lender

The Huntington National Bank

66 loans in this industry

New Business Share

19.8% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020

159

2021

206

2022

198

2023

180

2024

249

2025

287

2026

View SBA lending rankings →

Frequently Asked Questions

What is the average revenue for Furniture and Related Product Manufacturing?

$64.5B in total annual receipts across all Furniture and Related Product Manufacturing businesses. Average per business: $5.4B.

How profitable is Furniture and Related Product Manufacturing?

4.8% net profit margin, below the national median.

How many businesses are in Furniture and Related Product Manufacturing?

14,378 business establishments. Together they employ 355,594 workers.

What is the average payroll per employee in Furniture and Related Product Manufacturing?

$52,242/yr average annual pay per employee. Businesses average 24.7 employees per establishment.

Which states have the most Furniture and Related Product Manufacturing employment?

North Carolina leads with 30,962 workers. California (29,016) and Texas (23,124) round out the top three.

How much SBA lending does Furniture and Related Product Manufacturing receive?

Furniture and Related Product Manufacturing businesses received 1,305 SBA loans totaling $883 million between FY2020 and FY2026. The average loan size was $677K. These loans supported 15,514 jobs at origination. Most lending (85%) came through the SBA 7(a) program.

Nationwide industries with similar benchmark drivers

Two IRS/Census peer sets for Furniture and Related Product Manufacturing, both at NAICS level 3 and excluding this code so the neighborhoods are not self-links.

According to Census County Business Patterns 2023, Furniture and Related Product Manufacturing ranks #56 of 77 U.S. industries at the 3-digit NAICS level by total employment. According to IRS SOI 2013 IRS Statistics of Income, its reported pre-tax net margin ranks #35 of 75 at that same detail level.

Similar reported net margin

Nearest peer industries by ABS(IRS pre-tax margin) (4.8% here).

Personal and Laundry Services 4.8% General Merchandise Stores 4.7% Warehousing and Storage 4.7%

Similar workforce scale

Nearest peer industries by ABS(Census employment) (355,594 here).

Primary Metal Manufacturing 354,914 Paper Manufacturing 351,485 Electrical Equipment, Appliance, and Component Manufacturing 369,456

Read with this industry: Understanding profit margins by industry · 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 337 · CBP 2023 · IRS SOI 2013

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 Accessed 2026-07-06

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.