Employment
83,163
Total employees (Census CBP)
Wholesale Trade ·NAICS 423420
NAICS 423420 · IRS SOI (C corp) · Census CBP 2023
Office Equipment Merchant Wholesalers - Industry Benchmarks
$77,877/yr average annual pay, with 98 SBA loans on record for NAICS 423420.
- 5K
- Establishments
- 83K
- Workers employed
- $77,877/yr
- Avg payroll / employee
- $77M
- SBA lending, FY20–26
Data updated August 2026
The verdict · NAICS 423420
Illinois leads Office Equipment Merchant Wholesalers activity nationally, across 5K establishments employing 83K workers. IRS SOI doesn't publish margin data at this NAICS level.
- 5K
- Business establishments (Census)
- 83K
- Workers employed (Census CBP)
- $77,877/yr
- Avg payroll / employee
- $77M
- SBA lending, FY20–26
Use Office Equipment Merchant Wholesalers's NAICS benchmark as a comparison point, not a forecast for one business.
Office Equipment Merchant Wholesalers 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 (C corporation headline) and Census County Business Patterns 2023
Benchmarking Insights for Office Equipment Merchant Wholesalers
Office Equipment Merchant Wholesalers sits inside Wholesale Trade.
5,377 establishments employ 83,163 workers (15.5/location) at $77,877/yr average annual pay. Illinois leads employment, followed by Pennsylvania and Michigan.
Office Equipment Merchant Wholesalers sits in the 68th percentile for employment among 6-digit NAICS industries with reported data.
Avg Payroll / Employee
$77,877/yr
Annual compensation
Establishments
5,377
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
establishment count decreased by 3,177. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Subscribe to this industry's release updates (RSS)Workforce scale
Financial Detail
- Annual Payroll (Total)
- $6.5B
- Avg Employees per Establishment
- 15.5
Top States by Employment
| State | Employment |
|---|---|
| Illinois | 3,876 |
| Pennsylvania | 3,120 |
| Michigan | 2,051 |
| Tennessee | 1,977 |
| Oregon | 1,754 |
| Colorado | 1,671 |
| Washington | 1,580 |
| Missouri | 1,492 |
| Louisiana | 1,040 |
| Nevada | 951 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
98
Total Loan Volume
$77M
Avg Loan Size
$781K
Jobs Supported
989
Program Breakdown
7(a) 92 (94%)
504 6 (6%)
Top SBA Lender
Newtek Bank, National Association
10 loans in this industry
New Business Share
12.2% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 9
2021 16
2022 11
2023 16
2024 27
2025 18
2026 1
Frequently Asked Questions
How many businesses are in Office Equipment Merchant Wholesalers?
5,377 business establishments. Together they employ 83,163 workers.
What is the average payroll per employee in Office Equipment Merchant Wholesalers?
$77,877/yr average annual pay per employee. Businesses average 15.5 employees per establishment.
Which states have the most Office Equipment Merchant Wholesalers employment?
Illinois leads with 3,876 workers. Pennsylvania (3,120) and Michigan (2,051) round out the top three.
How much SBA lending does Office Equipment Merchant Wholesalers receive?
Office Equipment Merchant Wholesalers businesses received 98 SBA loans totaling $77 million between FY2020 and FY2026. The average loan size was $781K. These loans supported 989 jobs at origination. Most lending (94%) came through the SBA 7(a) program.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Office Equipment Merchant Wholesalers, both at NAICS level 6 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Office Equipment Merchant Wholesalers ranks #254 of 801 U.S. industries at the 6-digit NAICS level by total employment.
Similar workforce scale
Nearest peer industries by ABS(Census employment) (83,163 here).
Read with this industry: Industry employment trends · Wholesale Trade · 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 423420 · CBP 2023 · IRS SOI
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.