Employment
N/A
Total employees (Census CBP)
Wholesale Trade ·NAICS 42494
NAICS 42494 · IRS SOI 2023 · Census CBP
Tobacco and Tobacco Product Merchant Wholesalers - Industry Benchmarks
100 SBA loans on record, $72M in volume, for NAICS 42494.
- 4.1%
- Wholesale Trade sector margin
- N/A
- Workers employed
- N/A
- Avg payroll / employee
- $72M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 42494
California leads Tobacco and Tobacco Product 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)
- N/A
- Workers employed (Census CBP)
- N/A
- Avg payroll / employee
- $72M
- SBA lending, FY20–26
Benchmarking Insights for Tobacco and Tobacco Product Merchant Wholesalers
Tobacco and Tobacco Product Merchant Wholesalers sits inside Wholesale Trade, a sector that runs a 4.1% net margin overall.
1,784 establishments employ N/A workers. California leads employment, followed by North Carolina and Michigan.
Avg Payroll / Employee
N/A
Annual compensation
Establishments
1,784
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
establishment count increased by 128. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Financial Detail
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Tobacco and Tobacco Product Merchant Wholesalers NAICS 424940 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| California | 6,045 |
| North Carolina | 4,878 |
| Michigan | 1,593 |
| Minnesota | 1,571 |
| Ohio | 1,356 |
| Missouri | 1,057 |
| Wisconsin | 903 |
| Louisiana | 768 |
| Idaho | 602 |
| South Carolina | 581 |
Showing top 10 of 48 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
100
Total Loan Volume
$72M
Avg Loan Size
$720K
Jobs Supported
652
Program Breakdown
7(a) 92 (92%)
504 8 (8%)
Top SBA Lender
The Huntington National Bank
11 loans in this industry
New Business Share
25.0% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 10
2021 13
2022 18
2023 14
2024 22
2025 18
2026 5
Frequently Asked Questions
How profitable is Tobacco and Tobacco Product Merchant Wholesalers?
IRS SOI doesn't publish margin data at the NAICS 42494 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 Tobacco and Tobacco Product Merchant Wholesalers?
1,784 business establishments.
What is the average payroll per employee in Tobacco and Tobacco Product Merchant Wholesalers?
Average payroll data for Tobacco and Tobacco Product Merchant Wholesalers is not available in the current Census CBP dataset.
Which states have the most Tobacco and Tobacco Product Merchant Wholesalers employment?
California leads with 6,045 workers. North Carolina (4,878) and Michigan (1,593) round out the top three.
How much SBA lending does Tobacco and Tobacco Product Merchant Wholesalers receive?
Tobacco and Tobacco Product Merchant Wholesalers businesses received 100 SBA loans totaling $72 million between FY2020 and FY2026. The average loan size was $720K. These loans supported 652 jobs at origination. Most lending (92%) came through the SBA 7(a) program.
Benchmarking Tobacco and Tobacco Product Merchant Wholesalers
- No margin data, check the parent industry. Browse Wholesale Trade
- 1,784 establishments, N/A workers. Payroll benchmarks
- 100 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 42494 · 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.