Employment
44,260
Total employees (Census CBP)
Wholesale Trade ·NAICS 424510
NAICS 424510 · IRS SOI 2023 · Census CBP
Grain and Field Bean Merchant Wholesalers - Industry Benchmarks
$79,031/yr average annual pay, with 40 SBA loans on record for NAICS 424510.
- 4.1%
- Wholesale Trade sector margin
- 44K
- Workers employed
- $79,031/yr
- Avg payroll / employee
- $40M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 424510
Iowa leads Grain and Field Bean 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)
- 44K
- Workers employed (Census CBP)
- $79,031/yr
- Avg payroll / employee
- $40M
- SBA lending, FY20–26
Benchmarking Insights for Grain and Field Bean Merchant Wholesalers
Grain and Field Bean Merchant Wholesalers sits inside Wholesale Trade, a sector that runs a 4.1% net margin overall.
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.
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.
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 FY2020–2026SBA 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 profitable is Grain and Field Bean Merchant Wholesalers?
IRS SOI doesn't publish margin data at the NAICS 424510 level. Iowa leads this industry nationally. The broader Wholesale Trade sector runs a 4.1% net margin (IRS SOI 2023).
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.
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 52% 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 Grain and Field Bean Merchant Wholesalers
- No margin data, check the parent industry. Browse Wholesale Trade
- 4,407 establishments, 44,260 workers. Payroll benchmarks
- 40 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 424510 · 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.