Wholesale Trade ·NAICS 424520

NAICS 424520 · IRS SOI 2023 · Census CBP

Livestock Merchant Wholesalers - Industry Benchmarks

$34,443/yr average annual pay, with 16 SBA loans on record for NAICS 424520.

4.1%
Wholesale Trade sector margin
5K
Workers employed
$34,443/yr
Avg payroll / employee
$8M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 424520

Iowa leads Livestock 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)
5K
Workers employed (Census CBP)
$34,443/yr
Avg payroll / employee
$8M
SBA lending, FY20–26

Benchmarking Insights for Livestock Merchant Wholesalers

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

573 establishments employ 4,594 workers (8.0/location) at $34,443/yr average annual pay. Iowa leads employment, followed by Kansas and Oklahoma.

Employment

4,594

Total employees (Census CBP)

Avg Payroll / Employee

$34,443/yr

Annual compensation

Establishments

573

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 514; establishment count decreased by 60. 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)
$158.2M
Avg Employees per Establishment
8.0

Top States by Employment

State Employment
Iowa 529
Kansas 346
Oklahoma 346
Missouri 240
Wisconsin 189
Minnesota 169
Alabama 117
Pennsylvania 75
New Jersey 37
Oregon 8

Showing top 10 of 35 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

16

Total Loan Volume

$8M

Avg Loan Size

$476K

Jobs Supported

128

Program Breakdown

7(a) 15 (94%)
504 1 (6%)

Top SBA Lender

Valley Bank of Ronan

2 loans in this industry

New Business Share

37.5% of borrowers were new/startup businesses

Annual Lending Trend (4 yrs)

2021
5
2023
4
2024
6
2025
1

Frequently Asked Questions

How profitable is Livestock Merchant Wholesalers?
IRS SOI doesn't publish margin data at the NAICS 424520 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 Livestock Merchant Wholesalers?
573 business establishments. Together they employ 4,594 workers.
What is the average payroll per employee in Livestock Merchant Wholesalers?
$34,443/yr average annual pay per employee. Businesses average 8.0 employees per establishment.
Which states have the most Livestock Merchant Wholesalers employment?
Iowa leads with 529 workers. Kansas (346) and Oklahoma (346) round out the top three.
How much SBA lending does Livestock Merchant Wholesalers receive?
Livestock Merchant Wholesalers businesses received 16 SBA loans totaling $8 million between FY2020 and FY2026. The average loan size was $476K. These loans supported 128 jobs at origination. Most lending (94%) 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 6% 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 Livestock 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 424520 · 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.