Employment
218,432
Total employees (Census CBP)
Wholesale Trade ·NAICS 423120
NAICS 423120 · IRS SOI 2023 · Census CBP
Motor Vehicle Supplies and New Parts Merchant Wholesalers - Industry Benchmarks
$67,544/yr average annual pay, with 383 SBA loans on record for NAICS 423120.
- 4.1%
- Wholesale Trade sector margin
- 218K
- Workers employed
- $67,544/yr
- Avg payroll / employee
- $277M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 423120
Michigan leads Motor Vehicle Supplies and New Parts 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)
- 218K
- Workers employed (Census CBP)
- $67,544/yr
- Avg payroll / employee
- $277M
- SBA lending, FY20–26
Benchmarking Insights for Motor Vehicle Supplies and New Parts Merchant Wholesalers
Motor Vehicle Supplies and New Parts Merchant Wholesalers sits inside Wholesale Trade, a sector that runs a 4.1% net margin overall.
12,266 establishments employ 218,432 workers (17.8/location) at $67,544/yr average annual pay. Michigan leads employment, followed by California and Texas.
Avg Payroll / Employee
$67,544/yr
Annual compensation
Establishments
12,266
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment decreased by 4,453; establishment count decreased by 111. 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)
- $14.8B
- Avg Employees per Establishment
- 17.8
Top States by Employment
| State | Employment |
|---|---|
| Michigan | 31,981 |
| California | 22,631 |
| Texas | 16,585 |
| Ohio | 11,236 |
| Florida | 10,054 |
| Illinois | 8,759 |
| New Jersey | 8,013 |
| New York | 7,347 |
| Tennessee | 5,501 |
| Kentucky | 4,372 |
Showing top 10 of 50 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
383
Total Loan Volume
$277M
Avg Loan Size
$722K
Jobs Supported
2,944
Program Breakdown
7(a) 339 (89%)
504 44 (11%)
Top SBA Lender
Newtek Bank, National Association
29 loans in this industry
New Business Share
15.7% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 52
2021 57
2022 52
2023 51
2024 74
2025 86
2026 11
Frequently Asked Questions
How profitable is Motor Vehicle Supplies and New Parts Merchant Wholesalers?
IRS SOI doesn't publish margin data at the NAICS 423120 level. Michigan leads this industry nationally. The broader Wholesale Trade sector runs a 4.1% net margin (IRS SOI 2023).
How many businesses are in Motor Vehicle Supplies and New Parts Merchant Wholesalers?
12,266 business establishments. Together they employ 218,432 workers.
What is the average payroll per employee in Motor Vehicle Supplies and New Parts Merchant Wholesalers?
$67,544/yr average annual pay per employee. Businesses average 17.8 employees per establishment.
Which states have the most Motor Vehicle Supplies and New Parts Merchant Wholesalers employment?
Michigan leads with 31,981 workers. California (22,631) and Texas (16,585) round out the top three.
How much SBA lending does Motor Vehicle Supplies and New Parts Merchant Wholesalers receive?
Motor Vehicle Supplies and New Parts Merchant Wholesalers businesses received 383 SBA loans totaling $277 million between FY2020 and FY2026. The average loan size was $722K. These loans supported 2,944 jobs at origination. Most lending (89%) 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 86% 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 Motor Vehicle Supplies and New Parts Merchant Wholesalers
- No margin data, check the parent industry. Browse Wholesale Trade
- 12,266 establishments, 218,432 workers. Payroll benchmarks
- 383 SBA loans on record. SBA lending 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 423120 · 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.
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
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.