Manufacturing ·NAICS 337121

NAICS 337121 · IRS SOI 2023 · Census CBP

Upholstered Household Furniture Manufacturing - Industry Benchmarks

$43,839/yr average annual pay, with 96 SBA loans on record for NAICS 337121.

988
Establishments
63K
Workers employed
$43,839/yr
Avg payroll / employee
$66M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 337121

North Carolina leads Upholstered Household Furniture Manufacturing activity nationally, across 988 establishments employing 63K workers. IRS SOI doesn't publish margin data at this NAICS level.

988
Business establishments (Census)
63K
Workers employed (Census CBP)
$43,839/yr
Avg payroll / employee
$66M
SBA lending, FY20–26

Benchmarking Insights for Upholstered Household Furniture Manufacturing

Upholstered Household Furniture Manufacturing sits inside Manufacturing.

988 establishments employ 62,963 workers (63.7/location) at $43,839/yr average annual pay. North Carolina leads employment, followed by Texas and Virginia.

Employment

62,963

Total employees (Census CBP)

Avg Payroll / Employee

$43,839/yr

Annual compensation

Establishments

988

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 8,188; establishment count decreased by 8. 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)
$2.8B
Avg Employees per Establishment
63.7

Top States by Employment

State Employment
North Carolina 15,960
Texas 1,832
Virginia 1,345
New Jersey 193
Arizona 122
Massachusetts 86
Montana 31

Showing top 10 of 40 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

96

Total Loan Volume

$66M

Avg Loan Size

$688K

Jobs Supported

1,278

Program Breakdown

7(a) 82 (85%)
504 14 (15%)

Top SBA Lender

TD Bank, National Association

10 loans in this industry

New Business Share

18.8% of borrowers were new/startup businesses

Annual Lending Trend (6 yrs)

2020
9
2021
13
2022
13
2023
16
2024
13
2025
32

Frequently Asked Questions

How many businesses are in Upholstered Household Furniture Manufacturing?
988 business establishments. Together they employ 62,963 workers.
What is the average payroll per employee in Upholstered Household Furniture Manufacturing?
$43,839/yr average annual pay per employee. Businesses average 63.7 employees per establishment.
Which states have the most Upholstered Household Furniture Manufacturing employment?
North Carolina leads with 15,960 workers. Texas (1,832) and Virginia (1,345) round out the top three.
How much SBA lending does Upholstered Household Furniture Manufacturing receive?
Upholstered Household Furniture Manufacturing businesses received 96 SBA loans totaling $66 million between FY2020 and FY2026. The average loan size was $688K. These loans supported 1,278 jobs at origination. Most lending (85%) 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 61% 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 Upholstered Household Furniture 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 337121 · 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.