Wholesale Trade ·NAICS 423110

NAICS 423110 · IRS SOI 2023 · Census CBP

Automobile and Other Motor Vehicle Merchant Wholesalers - Industry Benchmarks

$88,181/yr average annual pay, with 328 SBA loans on record for NAICS 423110.

4.1%
Wholesale Trade sector margin
136K
Workers employed
$88,181/yr
Avg payroll / employee
$262M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 423110

California leads Automobile and Other Motor Vehicle Merchant Wholesalers activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Wholesale Trade sector runs a 4.1% net margin.

4.1%
Wholesale Trade sector margin (IRS SOI)
136K
Workers employed (Census CBP)
$88,181/yr
Avg payroll / employee
$262M
SBA lending, FY20–26

Benchmarking Insights for Automobile and Other Motor Vehicle Merchant Wholesalers

Automobile and Other Motor Vehicle Merchant Wholesalers sits inside Wholesale Trade, a sector that runs a 4.1% net margin overall.

6,117 establishments employ 135,951 workers (22.2/location) at $88,181/yr average annual pay. California leads employment, followed by Texas and Florida.

Employment

135,951

Total employees (Census CBP)

Avg Payroll / Employee

$88,181/yr

Annual compensation

Establishments

6,117

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 7,868; establishment count increased by 70. 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)
$12.0B
Avg Employees per Establishment
22.2

Top States by Employment

State Employment
California 13,052
Texas 11,455
Florida 6,506
New Jersey 6,006
Pennsylvania 5,188
Ohio 4,777
Wisconsin 4,479
Indiana 4,309
Missouri 3,848
Michigan 3,816

Showing top 10 of 50 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

328

Total Loan Volume

$262M

Avg Loan Size

$799K

Jobs Supported

2,793

Program Breakdown

7(a) 256 (78%)
504 72 (22%)

Top SBA Lender

Wells Fargo Bank National Association

23 loans in this industry

New Business Share

16.5% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
48
2021
47
2022
50
2023
60
2024
51
2025
64
2026
8

Frequently Asked Questions

How profitable is Automobile and Other Motor Vehicle Merchant Wholesalers?
IRS SOI doesn't publish margin data at the NAICS 423110 level. California leads this industry nationally. The broader Wholesale Trade sector runs a 4.1% net margin (IRS SOI 2023).
How many businesses are in Automobile and Other Motor Vehicle Merchant Wholesalers?
6,117 business establishments. Together they employ 135,951 workers.
What is the average payroll per employee in Automobile and Other Motor Vehicle Merchant Wholesalers?
$88,181/yr average annual pay per employee. Businesses average 22.2 employees per establishment.
Which states have the most Automobile and Other Motor Vehicle Merchant Wholesalers employment?
California leads with 13,052 workers. Texas (11,455) and Florida (6,506) round out the top three.
How much SBA lending does Automobile and Other Motor Vehicle Merchant Wholesalers receive?
Automobile and Other Motor Vehicle Merchant Wholesalers businesses received 328 SBA loans totaling $262 million between FY2020 and FY2026. The average loan size was $799K. These loans supported 2,793 jobs at origination. Most lending (78%) 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 78% 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 Automobile and Other Motor Vehicle Merchant Wholesalers

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 423110 · 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.