Employment
114,267
Total employees (Census CBP)
Wholesale Trade ·NAICS 42384
NAICS 42384 · IRS SOI 2023 · Census CBP
Industrial Supplies Merchant Wholesalers - Industry Benchmarks
$87,470/yr average annual pay, with 350 SBA loans on record for NAICS 42384.
- 4.1%
- Wholesale Trade sector margin
- 114K
- Workers employed
- $87,470/yr
- Avg payroll / employee
- $265M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 42384
Texas leads Industrial Supplies 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)
- 114K
- Workers employed (Census CBP)
- $87,470/yr
- Avg payroll / employee
- $265M
- SBA lending, FY20–26
Benchmarking Insights for Industrial Supplies Merchant Wholesalers
Industrial Supplies Merchant Wholesalers sits inside Wholesale Trade, a sector that runs a 4.1% net margin overall.
9,605 establishments employ 114,267 workers (11.9/location) at $87,470/yr average annual pay. Texas leads employment, followed by California and Illinois.
Avg Payroll / Employee
$87,470/yr
Annual compensation
Establishments
9,605
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 7,749; establishment count increased by 542. 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)
- $10.0B
- Avg Employees per Establishment
- 11.9
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Industrial Supplies Merchant Wholesalers NAICS 423840 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| Texas | 13,706 |
| California | 12,112 |
| Illinois | 9,200 |
| Ohio | 8,811 |
| Pennsylvania | 4,925 |
| New Jersey | 4,142 |
| New York | 3,872 |
| Michigan | 3,843 |
| North Carolina | 3,823 |
| Florida | 3,576 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
350
Total Loan Volume
$265M
Avg Loan Size
$757K
Jobs Supported
2,412
Program Breakdown
7(a) 319 (91%)
504 31 (9%)
Top SBA Lender
The Huntington National Bank
20 loans in this industry
New Business Share
20.3% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 42
2021 53
2022 49
2023 64
2024 77
2025 55
2026 10
Frequently Asked Questions
How profitable is Industrial Supplies Merchant Wholesalers?
IRS SOI doesn't publish margin data at the NAICS 42384 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 Industrial Supplies Merchant Wholesalers?
9,605 business establishments. Together they employ 114,267 workers.
What is the average payroll per employee in Industrial Supplies Merchant Wholesalers?
$87,470/yr average annual pay per employee. Businesses average 11.9 employees per establishment.
Which states have the most Industrial Supplies Merchant Wholesalers employment?
Texas leads with 13,706 workers. California (12,112) and Illinois (9,200) round out the top three.
How much SBA lending does Industrial Supplies Merchant Wholesalers receive?
Industrial Supplies Merchant Wholesalers businesses received 350 SBA loans totaling $265 million between FY2020 and FY2026. The average loan size was $757K. These loans supported 2,412 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 65% 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.
- Other Direct Selling Establishments 114,655
- Millwork 113,205
- Farm and Garden Machinery and Equipment Merchant Wholesalers 112,992
Benchmarking Industrial Supplies Merchant Wholesalers
- No margin data, check the parent industry. Browse Wholesale Trade
- 9,605 establishments, 114,267 workers. Payroll benchmarks
- 350 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 42384 · 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.