Wholesale Trade ·NAICS 42362

NAICS 42362 · IRS SOI 2023 · Census CBP

Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers - Industry Benchmarks

$98,264/yr average annual pay, with 223 SBA loans on record for NAICS 42362.

4.1%
Wholesale Trade sector margin
52K
Workers employed
$98,264/yr
Avg payroll / employee
$125M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 42362

California leads Household Appliances, Electric Housewares, and Consumer Electronics 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)
52K
Workers employed (Census CBP)
$98,264/yr
Avg payroll / employee
$125M
SBA lending, FY20–26

Benchmarking Insights for Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers

Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers sits inside Wholesale Trade, a sector that runs a 4.1% net margin overall.

2,514 establishments employ 52,157 workers (20.8/location) at $98,264/yr average annual pay. California leads employment, followed by New Jersey and Florida.

Employment

52,157

Total employees (Census CBP)

Avg Payroll / Employee

$98,264/yr

Annual compensation

Establishments

2,514

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 3,191; establishment count decreased by 32. 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)
$5.1B
Avg Employees per Establishment
20.8

Sub-Industries

Industry Profit Margin
Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers

NAICS 423620

N/A

Top States by Employment

State Employment
California 9,864
New Jersey 5,991
Florida 2,988
Illinois 2,842
Massachusetts 2,435
New York 2,353
North Carolina 1,472
Arizona 1,040
Ohio 999
Washington 868

Showing top 10 of 48 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

223

Total Loan Volume

$125M

Avg Loan Size

$559K

Jobs Supported

1,268

Program Breakdown

7(a) 203 (91%)
504 20 (9%)

Top SBA Lender

TD Bank, National Association

40 loans in this industry

New Business Share

18.4% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
20
2021
30
2022
37
2023
38
2024
37
2025
58
2026
3

Frequently Asked Questions

How profitable is Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers?
IRS SOI doesn't publish margin data at the NAICS 42362 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 Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers?
2,514 business establishments. Together they employ 52,157 workers.
What is the average payroll per employee in Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers?
$98,264/yr average annual pay per employee. Businesses average 20.8 employees per establishment.
Which states have the most Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers employment?
California leads with 9,864 workers. New Jersey (5,991) and Florida (2,988) round out the top three.
How much SBA lending does Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers receive?
Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers businesses received 223 SBA loans totaling $125 million between FY2020 and FY2026. The average loan size was $559K. These loans supported 1,268 jobs at origination. Most lending (91%) 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 40% 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 Household Appliances, Electric Housewares, and Consumer Electronics 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 42362 · 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.