Wholesale Trade ·NAICS 424210

NAICS 424210 · IRS SOI 2023 · Census CBP

Drugs and Druggists' Sundries Merchant Wholesalers - Industry Benchmarks

$159,612/yr average annual pay, with 261 SBA loans on record for NAICS 424210.

4.1%
Wholesale Trade sector margin
303K
Workers employed
$159,612/yr
Avg payroll / employee
$192M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 424210

California leads Drugs and Druggists' Sundries 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)
303K
Workers employed (Census CBP)
$159,612/yr
Avg payroll / employee
$192M
SBA lending, FY20–26

Benchmarking Insights for Drugs and Druggists' Sundries Merchant Wholesalers

Drugs and Druggists' Sundries Merchant Wholesalers sits inside Wholesale Trade, a sector that runs a 4.1% net margin overall.

8,919 establishments employ 302,952 workers (34.0/location) at $159,612/yr average annual pay. California leads employment, followed by New York and Massachusetts.

Employment

302,952

Total employees (Census CBP)

Avg Payroll / Employee

$159,612/yr

Annual compensation

Establishments

8,919

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 8,628; establishment count decreased by 1,040. 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)
$48.4B
Avg Employees per Establishment
34.0

Top States by Employment

State Employment
California 38,998
New York 23,253
Massachusetts 18,922
Texas 16,918
Florida 15,829
Georgia 8,002
Ohio 6,942
Maryland 6,226
Utah 3,964
Tennessee 3,857

Showing top 10 of 51 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

261

Total Loan Volume

$192M

Avg Loan Size

$736K

Jobs Supported

2,022

Program Breakdown

7(a) 230 (88%)
504 31 (12%)

Top SBA Lender

TD Bank, National Association

36 loans in this industry

New Business Share

16.1% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
42
2021
50
2022
33
2023
44
2024
42
2025
46
2026
4

Frequently Asked Questions

How profitable is Drugs and Druggists' Sundries Merchant Wholesalers?
IRS SOI doesn't publish margin data at the NAICS 424210 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 Drugs and Druggists' Sundries Merchant Wholesalers?
8,919 business establishments. Together they employ 302,952 workers.
What is the average payroll per employee in Drugs and Druggists' Sundries Merchant Wholesalers?
$159,612/yr average annual pay per employee. Businesses average 34.0 employees per establishment.
Which states have the most Drugs and Druggists' Sundries Merchant Wholesalers employment?
California leads with 38,998 workers. New York (23,253) and Massachusetts (18,922) round out the top three.
How much SBA lending does Drugs and Druggists' Sundries Merchant Wholesalers receive?
Drugs and Druggists' Sundries Merchant Wholesalers businesses received 261 SBA loans totaling $192 million between FY2020 and FY2026. The average loan size was $736K. These loans supported 2,022 jobs at origination. Most lending (88%) 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 90% 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 Drugs and Druggists' Sundries 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 424210 · 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.