Employment
229,921
Total employees (Census CBP)
Wholesale Trade ·NAICS 423610
NAICS 423610 · IRS SOI 2023 · Census CBP
Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers - Industry Benchmarks
$97,044/yr average annual pay, with 423 SBA loans on record for NAICS 423610.
- 4.1%
- Wholesale Trade sector margin
- 230K
- Workers employed
- $97,044/yr
- Avg payroll / employee
- $468M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 423610
California leads Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment 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)
- 230K
- Workers employed (Census CBP)
- $97,044/yr
- Avg payroll / employee
- $468M
- SBA lending, FY20–26
Benchmarking Insights for Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers
Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers sits inside Wholesale Trade, a sector that runs a 4.1% net margin overall.
13,379 establishments employ 229,921 workers (17.2/location) at $97,044/yr average annual pay. California leads employment, followed by Texas and Illinois.
Avg Payroll / Employee
$97,044/yr
Annual compensation
Establishments
13,379
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 13,813; establishment count decreased by 83. 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)
- $22.3B
- Avg Employees per Establishment
- 17.2
Top States by Employment
| State | Employment |
|---|---|
| California | 24,683 |
| Texas | 24,010 |
| Illinois | 13,315 |
| Florida | 13,192 |
| Ohio | 9,885 |
| North Carolina | 9,563 |
| Pennsylvania | 9,266 |
| New York | 9,215 |
| Georgia | 8,844 |
| New Jersey | 8,314 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
423
Total Loan Volume
$468M
Avg Loan Size
$1106K
Jobs Supported
4,642
Program Breakdown
7(a) 341 (81%)
504 82 (19%)
Top SBA Lender
Live Oak Banking Company
23 loans in this industry
New Business Share
13.0% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 61
2021 86
2022 54
2023 64
2024 62
2025 89
2026 7
Frequently Asked Questions
How profitable is Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers?
IRS SOI doesn't publish margin data at the NAICS 423610 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 Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers?
13,379 business establishments. Together they employ 229,921 workers.
What is the average payroll per employee in Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers?
$97,044/yr average annual pay per employee. Businesses average 17.2 employees per establishment.
Which states have the most Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers employment?
California leads with 24,683 workers. Texas (24,010) and Illinois (13,315) round out the top three.
How much SBA lending does Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers receive?
Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers businesses received 423 SBA loans totaling $468 million between FY2020 and FY2026. The average loan size was $1106K. These loans supported 4,642 jobs at origination. Most lending (81%) 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 87% 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 Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers
- No margin data, check the parent industry. Browse Wholesale Trade
- 13,379 establishments, 229,921 workers. Payroll benchmarks
- 423 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 423610 · 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.