Employment
130,158
Total employees (Census CBP)
Wholesale Trade ·NAICS 42331
NAICS 42331 · IRS SOI 2023 · Census CBP
Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers - Industry Benchmarks
$80,037/yr average annual pay, with 368 SBA loans on record for NAICS 42331.
- 4.1%
- Wholesale Trade sector margin
- 130K
- Workers employed
- $80,037/yr
- Avg payroll / employee
- $398M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 42331
Texas leads Lumber, Plywood, Millwork, and Wood Panel 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)
- 130K
- Workers employed (Census CBP)
- $80,037/yr
- Avg payroll / employee
- $398M
- SBA lending, FY20–26
Benchmarking Insights for Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers
Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers sits inside Wholesale Trade, a sector that runs a 4.1% net margin overall.
7,048 establishments employ 130,158 workers (18.5/location) at $80,037/yr average annual pay. Texas leads employment, followed by California and Florida.
Avg Payroll / Employee
$80,037/yr
Annual compensation
Establishments
7,048
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 811; establishment count increased by 58. 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)
- $10.4B
- Avg Employees per Establishment
- 18.5
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers NAICS 423310 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| Texas | 11,819 |
| California | 11,648 |
| Florida | 9,262 |
| North Carolina | 6,157 |
| Pennsylvania | 5,943 |
| Georgia | 5,489 |
| Washington | 4,870 |
| New York | 4,362 |
| Illinois | 4,339 |
| New Jersey | 3,599 |
Showing top 10 of 50 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
368
Total Loan Volume
$398M
Avg Loan Size
$1081K
Jobs Supported
3,400
Program Breakdown
7(a) 287 (78%)
504 81 (22%)
Top SBA Lender
U.S. Bank, National Association
17 loans in this industry
New Business Share
18.2% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 58
2021 66
2022 49
2023 49
2024 79
2025 62
2026 5
Frequently Asked Questions
How profitable is Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers?
IRS SOI doesn't publish margin data at the NAICS 42331 level. Texas leads this industry nationally. The broader Wholesale Trade sector runs a 4.1% net margin (IRS SOI 2023).
How many businesses are in Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers?
7,048 business establishments. Together they employ 130,158 workers.
What is the average payroll per employee in Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers?
$80,037/yr average annual pay per employee. Businesses average 18.5 employees per establishment.
Which states have the most Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers employment?
Texas leads with 11,819 workers. California (11,648) and Florida (9,262) round out the top three.
How much SBA lending does Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers receive?
Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers businesses received 368 SBA loans totaling $398 million between FY2020 and FY2026. The average loan size was $1081K. These loans supported 3,400 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 67% of that same 551-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 Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers
- No margin data, check the parent industry. Browse Wholesale Trade
- 7,048 establishments, 130,158 workers. Payroll benchmarks
- 368 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 42331 · 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.