Employment
114,267
Total employees (Census CBP)
Wholesale Trade ·NAICS 423840
NAICS 423840 · IRS SOI (C corp) · Census CBP 2023
Industrial Supplies Merchant Wholesalers - Industry Benchmarks
$87,470/yr average annual pay, with 350 SBA loans on record for NAICS 423840.
- 10K
- Establishments
- 114K
- Workers employed
- $87,470/yr
- Avg payroll / employee
- $265M
- SBA lending, FY20–26
Data updated August 2026
The verdict · NAICS 423840
Texas leads Industrial Supplies Merchant Wholesalers activity nationally, across 10K establishments employing 114K workers. IRS SOI doesn't publish margin data at this NAICS level.
- 10K
- Business establishments (Census)
- 114K
- Workers employed (Census CBP)
- $87,470/yr
- Avg payroll / employee
- $265M
- SBA lending, FY20–26
Use Industrial Supplies Merchant Wholesalers's NAICS benchmark as a comparison point, not a forecast for one business.
Industrial Supplies 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 Industrial Supplies Merchant Wholesalers
Industrial Supplies Merchant Wholesalers sits inside Wholesale Trade.
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.
Industrial Supplies Merchant Wholesalers sits in the 76th percentile for employment among 6-digit NAICS industries with reported data.
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.
Subscribe to this industry's release updates (RSS)Workforce scale
Financial Detail
- Annual Payroll (Total)
- $10.0B
- Avg Employees per Establishment
- 11.9
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 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.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Industrial Supplies 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, Industrial Supplies Merchant Wholesalers ranks #195 of 801 U.S. industries at the 6-digit NAICS level by total employment.
Similar workforce scale
Nearest peer industries by ABS(Census employment) (114,267 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 423840 · 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.