Wholesale Trade ·NAICS 424480

NAICS 424480 · IRS SOI 2023 · Census CBP

Fresh Fruit and Vegetable Merchant Wholesalers - Industry Benchmarks

$63,137/yr average annual pay, with 221 SBA loans on record for NAICS 424480.

4.1%
Wholesale Trade sector margin
110K
Workers employed
$63,137/yr
Avg payroll / employee
$200M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 424480

California leads Fresh Fruit and Vegetable 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)
110K
Workers employed (Census CBP)
$63,137/yr
Avg payroll / employee
$200M
SBA lending, FY20–26

Benchmarking Insights for Fresh Fruit and Vegetable Merchant Wholesalers

Fresh Fruit and Vegetable Merchant Wholesalers sits inside Wholesale Trade, a sector that runs a 4.1% net margin overall.

4,914 establishments employ 110,154 workers (22.4/location) at $63,137/yr average annual pay. California leads employment, followed by Texas and Florida.

Employment

110,154

Total employees (Census CBP)

Avg Payroll / Employee

$63,137/yr

Annual compensation

Establishments

4,914

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 3,982; establishment count decreased by 9. 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)
$7.0B
Avg Employees per Establishment
22.4

Top States by Employment

State Employment
California 23,147
Texas 9,492
Florida 9,097
Washington 7,912
New Jersey 5,791
New York 5,225
Pennsylvania 4,345
Maryland 3,634
Illinois 3,466
Georgia 3,450

Showing top 10 of 50 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

221

Total Loan Volume

$200M

Avg Loan Size

$906K

Jobs Supported

2,299

Program Breakdown

7(a) 185 (84%)
504 36 (16%)

Top SBA Lender

TD Bank, National Association

27 loans in this industry

New Business Share

14.5% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
24
2021
39
2022
28
2023
37
2024
45
2025
44
2026
4

Frequently Asked Questions

How profitable is Fresh Fruit and Vegetable Merchant Wholesalers?
IRS SOI doesn't publish margin data at the NAICS 424480 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 Fresh Fruit and Vegetable Merchant Wholesalers?
4,914 business establishments. Together they employ 110,154 workers.
What is the average payroll per employee in Fresh Fruit and Vegetable Merchant Wholesalers?
$63,137/yr average annual pay per employee. Businesses average 22.4 employees per establishment.
Which states have the most Fresh Fruit and Vegetable Merchant Wholesalers employment?
California leads with 23,147 workers. Texas (9,492) and Florida (9,097) round out the top three.
How much SBA lending does Fresh Fruit and Vegetable Merchant Wholesalers receive?
Fresh Fruit and Vegetable Merchant Wholesalers businesses received 221 SBA loans totaling $200 million between FY2020 and FY2026. The average loan size was $906K. These loans supported 2,299 jobs at origination. Most lending (84%) 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 75% 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 Fresh Fruit and Vegetable 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 424480 · 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.