Wholesale Trade ·NAICS 424950

NAICS 424950 · IRS SOI 2023 · Census CBP

Paint, Varnish, and Supplies Merchant Wholesalers - Industry Benchmarks

$74,472/yr average annual pay, with 80 SBA loans on record for NAICS 424950.

4.1%
Wholesale Trade sector margin
21K
Workers employed
$74,472/yr
Avg payroll / employee
$63M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 424950

California leads Paint, Varnish, and Supplies 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)
21K
Workers employed (Census CBP)
$74,472/yr
Avg payroll / employee
$63M
SBA lending, FY20–26

Benchmarking Insights for Paint, Varnish, and Supplies Merchant Wholesalers

Paint, Varnish, and Supplies Merchant Wholesalers sits inside Wholesale Trade, a sector that runs a 4.1% net margin overall.

1,992 establishments employ 21,208 workers (10.7/location) at $74,472/yr average annual pay. California leads employment, followed by Illinois and Ohio.

Employment

21,208

Total employees (Census CBP)

Avg Payroll / Employee

$74,472/yr

Annual compensation

Establishments

1,992

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 1,123; establishment count increased by 65. 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)
$1.6B
Avg Employees per Establishment
10.7

Top States by Employment

State Employment
California 2,877
Illinois 1,655
Ohio 1,541
New Jersey 1,319
Florida 1,259
Texas 1,135
New York 1,062
Indiana 651
Tennessee 488
Wisconsin 460

Showing top 10 of 47 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

80

Total Loan Volume

$63M

Avg Loan Size

$789K

Jobs Supported

654

Program Breakdown

7(a) 69 (86%)
504 11 (14%)

Top SBA Lender

Northeast Bank

6 loans in this industry

New Business Share

17.5% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
9
2021
14
2022
7
2023
8
2024
18
2025
20
2026
4

Frequently Asked Questions

How profitable is Paint, Varnish, and Supplies Merchant Wholesalers?
IRS SOI doesn't publish margin data at the NAICS 424950 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 Paint, Varnish, and Supplies Merchant Wholesalers?
1,992 business establishments. Together they employ 21,208 workers.
What is the average payroll per employee in Paint, Varnish, and Supplies Merchant Wholesalers?
$74,472/yr average annual pay per employee. Businesses average 10.7 employees per establishment.
Which states have the most Paint, Varnish, and Supplies Merchant Wholesalers employment?
California leads with 2,877 workers. Illinois (1,655) and Ohio (1,541) round out the top three.
How much SBA lending does Paint, Varnish, and Supplies Merchant Wholesalers receive?
Paint, Varnish, and Supplies Merchant Wholesalers businesses received 80 SBA loans totaling $63 million between FY2020 and FY2026. The average loan size was $789K. These loans supported 654 jobs at origination. Most lending (86%) 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 32% 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 Paint, Varnish, and Supplies 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 424950 · 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.