Employment
48,623
Total employees (Census CBP)
Wholesale Trade ·NAICS 42432
NAICS 42432 · IRS SOI 2023 · Census CBP
Men's and Boys' Clothing and Furnishings Merchant Wholesalers - Industry Benchmarks
$69,815/yr average annual pay, with 54 SBA loans on record for NAICS 42432.
- 4.1%
- Wholesale Trade sector margin
- 49K
- Workers employed
- $69,815/yr
- Avg payroll / employee
- $32M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 42432
California leads Men's and Boys' Clothing and Furnishings 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)
- 49K
- Workers employed (Census CBP)
- $69,815/yr
- Avg payroll / employee
- $32M
- SBA lending, FY20–26
Benchmarking Insights for Men's and Boys' Clothing and Furnishings Merchant Wholesalers
Men's and Boys' Clothing and Furnishings Merchant Wholesalers sits inside Wholesale Trade, a sector that runs a 4.1% net margin overall.
2,954 establishments employ 48,623 workers (16.5/location) at $69,815/yr average annual pay. California leads employment, followed by New York and Texas.
Avg Payroll / Employee
$69,815/yr
Annual compensation
Establishments
2,954
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment decreased by 2,852; establishment count decreased by 116. 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)
- $3.4B
- Avg Employees per Establishment
- 16.5
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Men's and Boys' Clothing and Furnishings Merchant Wholesalers NAICS 424320 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| California | 8,759 |
| New York | 6,017 |
| Texas | 4,253 |
| Georgia | 1,773 |
| Virginia | 1,189 |
| Illinois | 1,067 |
| Massachusetts | 880 |
| South Carolina | 705 |
| Washington | 642 |
| Kentucky | 586 |
Showing top 10 of 46 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
54
Total Loan Volume
$32M
Avg Loan Size
$592K
Jobs Supported
238
Program Breakdown
7(a) 49 (91%)
504 5 (9%)
Top SBA Lender
TD Bank, National Association
7 loans in this industry
New Business Share
1.9% of borrowers were new/startup businesses
Annual Lending Trend (4 yrs)
2020 17
2021 18
2022 11
2023 8
Frequently Asked Questions
How profitable is Men's and Boys' Clothing and Furnishings Merchant Wholesalers?
IRS SOI doesn't publish margin data at the NAICS 42432 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 Men's and Boys' Clothing and Furnishings Merchant Wholesalers?
2,954 business establishments. Together they employ 48,623 workers.
What is the average payroll per employee in Men's and Boys' Clothing and Furnishings Merchant Wholesalers?
$69,815/yr average annual pay per employee. Businesses average 16.5 employees per establishment.
Which states have the most Men's and Boys' Clothing and Furnishings Merchant Wholesalers employment?
California leads with 8,759 workers. New York (6,017) and Texas (4,253) round out the top three.
How much SBA lending does Men's and Boys' Clothing and Furnishings Merchant Wholesalers receive?
Men's and Boys' Clothing and Furnishings Merchant Wholesalers businesses received 54 SBA loans totaling $32 million between FY2020 and FY2026. The average loan size was $592K. These loans supported 238 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 37% 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 Men's and Boys' Clothing and Furnishings Merchant Wholesalers
- No margin data, check the parent industry. Browse Wholesale Trade
- 2,954 establishments, 48,623 workers. Payroll benchmarks
- 54 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 42432 · 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.