Wholesale Trade ·NAICS 42447

NAICS 42447 · IRS SOI 2023 · Census CBP

Meat and Meat Product Merchant Wholesalers - Industry Benchmarks

$71,045/yr average annual pay, with 270 SBA loans on record for NAICS 42447.

4.1%
Wholesale Trade sector margin
53K
Workers employed
$71,045/yr
Avg payroll / employee
$246M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 42447

California leads Meat and Meat Product 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)
53K
Workers employed (Census CBP)
$71,045/yr
Avg payroll / employee
$246M
SBA lending, FY20–26

Benchmarking Insights for Meat and Meat Product Merchant Wholesalers

Meat and Meat Product Merchant Wholesalers sits inside Wholesale Trade, a sector that runs a 4.1% net margin overall.

2,220 establishments employ 53,190 workers (24.0/location) at $71,045/yr average annual pay. California leads employment, followed by New York and Illinois.

Employment

53,190

Total employees (Census CBP)

Avg Payroll / Employee

$71,045/yr

Annual compensation

Establishments

2,220

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 5,367; establishment count increased by 22. 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)
$3.8B
Avg Employees per Establishment
24.0

Sub-Industries

Industry Profit Margin
Meat and Meat Product Merchant Wholesalers

NAICS 424470

N/A

Top States by Employment

State Employment
California 7,000
New York 5,964
Illinois 3,674
New Jersey 2,830
Florida 2,192
Ohio 2,191
Georgia 1,247
Colorado 966
Maryland 962
Massachusetts 721

Showing top 10 of 49 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

270

Total Loan Volume

$246M

Avg Loan Size

$912K

Jobs Supported

3,072

Program Breakdown

7(a) 224 (83%)
504 46 (17%)

Top SBA Lender

TD Bank, National Association

17 loans in this industry

New Business Share

23.0% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
32
2021
47
2022
52
2023
47
2024
37
2025
47
2026
8

Frequently Asked Questions

How profitable is Meat and Meat Product Merchant Wholesalers?
IRS SOI doesn't publish margin data at the NAICS 42447 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 Meat and Meat Product Merchant Wholesalers?
2,220 business establishments. Together they employ 53,190 workers.
What is the average payroll per employee in Meat and Meat Product Merchant Wholesalers?
$71,045/yr average annual pay per employee. Businesses average 24.0 employees per establishment.
Which states have the most Meat and Meat Product Merchant Wholesalers employment?
California leads with 7,000 workers. New York (5,964) and Illinois (3,674) round out the top three.
How much SBA lending does Meat and Meat Product Merchant Wholesalers receive?
Meat and Meat Product Merchant Wholesalers businesses received 270 SBA loans totaling $246 million between FY2020 and FY2026. The average loan size was $912K. These loans supported 3,072 jobs at origination. Most lending (83%) 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 Meat and Meat Product 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 42447 · 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.