Wholesale Trade ·NAICS 424510

NAICS 424510 · IRS SOI (C corp) · Census CBP 2023

Grain and Field Bean Merchant Wholesalers - Industry Benchmarks

$79,031/yr average annual pay, with 40 SBA loans on record for NAICS 424510.

4K
Establishments
44K
Workers employed
$79,031/yr
Avg payroll / employee
$40M
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 424510

Iowa leads Grain and Field Bean Merchant Wholesalers activity nationally, across 4K establishments employing 44K workers. IRS SOI doesn't publish margin data at this NAICS level.

4K
Business establishments (Census)
44K
Workers employed (Census CBP)
$79,031/yr
Avg payroll / employee
$40M
SBA lending, FY20–26

Use Grain and Field Bean Merchant Wholesalers's NAICS benchmark as a comparison point, not a forecast for one business.

Grain and Field Bean 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 Grain and Field Bean Merchant Wholesalers

Grain and Field Bean Merchant Wholesalers sits inside Wholesale Trade.

4,407 establishments employ 44,260 workers (10.0/location) at $79,031/yr average annual pay. Iowa leads employment, followed by Illinois and Kansas.

Grain and Field Bean Merchant Wholesalers sits in the 52nd percentile for employment among 6-digit NAICS industries with reported data.

Employment

44,260

Total employees (Census CBP)

Avg Payroll / Employee

$79,031/yr

Annual compensation

Establishments

4,407

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 2,805; establishment count decreased by 74. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

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Workforce scale

Financial Detail

Annual Payroll (Total)
$3.5B
Avg Employees per Establishment
10.0

Top States by Employment

State Employment
Iowa 5,368
Illinois 5,078
Kansas 3,638
Minnesota 3,061
Nebraska 3,003
Texas 2,079
California 1,713
Indiana 1,404
Oklahoma 798
Colorado 663

Showing top 10 of 43 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

40

Total Loan Volume

$40M

Avg Loan Size

$989K

Jobs Supported

374

Program Breakdown

7(a) 34 (85%)
504 6 (15%)

Top SBA Lender

The Huntington National Bank

4 loans in this industry

New Business Share

7.5% of borrowers were new/startup businesses

Annual Lending Trend (6 yrs)

2020
6
2021
16
2022
3
2023
4
2024
4
2025
7

Frequently Asked Questions

How many businesses are in Grain and Field Bean Merchant Wholesalers?
4,407 business establishments. Together they employ 44,260 workers.
What is the average payroll per employee in Grain and Field Bean Merchant Wholesalers?
$79,031/yr average annual pay per employee. Businesses average 10.0 employees per establishment.
Which states have the most Grain and Field Bean Merchant Wholesalers employment?
Iowa leads with 5,368 workers. Illinois (5,078) and Kansas (3,638) round out the top three.
How much SBA lending does Grain and Field Bean Merchant Wholesalers receive?
Grain and Field Bean Merchant Wholesalers businesses received 40 SBA loans totaling $40 million between FY2020 and FY2026. The average loan size was $989K. These loans supported 374 jobs at origination. Most lending (85%) came through the SBA 7(a) program.

Nationwide industries with similar benchmark drivers

Two IRS/Census peer sets for Grain and Field Bean 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, Grain and Field Bean Merchant Wholesalers ranks #382 of 801 U.S. industries at the 6-digit NAICS level by total employment.

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 424510 · 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.

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.