Wholesale Trade ·NAICS 424920

NAICS 424920 · IRS SOI 2023 · Census CBP

Book, Periodical, and Newspaper Merchant Wholesalers - Industry Benchmarks

$54,207/yr average annual pay, with 41 SBA loans on record for NAICS 424920.

4.1%
Wholesale Trade sector margin
17K
Workers employed
$54,207/yr
Avg payroll / employee
$27M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 424920

Pennsylvania leads Book, Periodical, and Newspaper 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)
17K
Workers employed (Census CBP)
$54,207/yr
Avg payroll / employee
$27M
SBA lending, FY20–26

Benchmarking Insights for Book, Periodical, and Newspaper Merchant Wholesalers

Book, Periodical, and Newspaper Merchant Wholesalers sits inside Wholesale Trade, a sector that runs a 4.1% net margin overall.

1,020 establishments employ 16,762 workers (16.4/location) at $54,207/yr average annual pay. Pennsylvania leads employment, followed by California and Georgia.

Employment

16,762

Total employees (Census CBP)

Avg Payroll / Employee

$54,207/yr

Annual compensation

Establishments

1,020

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 2,735; establishment count decreased by 155. 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)
$908.6M
Avg Employees per Establishment
16.4

Top States by Employment

State Employment
Pennsylvania 1,865
California 1,086
Georgia 947
New York 656
Massachusetts 614
Utah 612
Missouri 477
Michigan 269
North Carolina 154
Washington 144

Showing top 10 of 40 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

41

Total Loan Volume

$27M

Avg Loan Size

$654K

Jobs Supported

945

Program Breakdown

7(a) 36 (88%)
504 5 (12%)

Top SBA Lender

Wells Fargo Bank National Association

3 loans in this industry

New Business Share

9.8% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
4
2021
3
2022
6
2023
8
2024
13
2025
5
2026
2

Frequently Asked Questions

How profitable is Book, Periodical, and Newspaper Merchant Wholesalers?
IRS SOI doesn't publish margin data at the NAICS 424920 level. Pennsylvania leads this industry nationally. The broader Wholesale Trade sector runs a 4.1% net margin (IRS SOI 2023).
How many businesses are in Book, Periodical, and Newspaper Merchant Wholesalers?
1,020 business establishments. Together they employ 16,762 workers.
What is the average payroll per employee in Book, Periodical, and Newspaper Merchant Wholesalers?
$54,207/yr average annual pay per employee. Businesses average 16.4 employees per establishment.
Which states have the most Book, Periodical, and Newspaper Merchant Wholesalers employment?
Pennsylvania leads with 1,865 workers. California (1,086) and Georgia (947) round out the top three.
How much SBA lending does Book, Periodical, and Newspaper Merchant Wholesalers receive?
Book, Periodical, and Newspaper Merchant Wholesalers businesses received 41 SBA loans totaling $27 million between FY2020 and FY2026. The average loan size was $654K. These loans supported 945 jobs at origination. Most lending (88%) 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 26% 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 Book, Periodical, and Newspaper 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 424920 · 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.