Retail Trade ·NAICS 443

NAICS 443 · IRS SOI 2023 · Census CBP

Electronics and Appliance Stores - Industry Benchmarks

288 SBA loans on record, $149M in volume, for NAICS 443.

1.6%
Net margin
N/A
Workers employed
N/A
Avg payroll / employee
$149M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 443

Electronics and Appliance Stores runs a 1.6% pre-tax net margin - significantly below average, typical of high-volume, low-margin sectors - across 19K establishments employing N/A workers.

1.6%
Pre-tax net margin (IRS SOI)
N/A
Workers employed (Census CBP)
N/A
Avg payroll / employee
$149M
SBA lending, FY20–26

Benchmarking Insights for Electronics and Appliance Stores

Electronics and Appliance Stores sits inside Retail Trade at a 1.6% net margin (significantly below average, typical of high-volume, low-margin sectors), $98.5B in aggregate receipts across 20,406 returns, averaging $4.8B per establishment.

19,048 establishments employ N/A workers. Michigan leads employment, followed by Georgia and Alabama.

Profit Margin

1.6%

Net income ÷ total receipts (IRS SOI)

Total Receipts

$98.5B

Annual revenue (IRS SOI)

Net Income

$1.5B

Pre-tax net income

Employment

N/A

Total employees (Census CBP)

Avg Payroll / Employee

N/A

Annual compensation

Establishments

19,048

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

establishment count decreased by 2,294. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

Where each dollar of Electronics and Appliance Stores revenue goes

Electronics and Appliance Stores margin vs national reference points

Electronics and Appliance Stores net margin 5.2%
Cross-industry median (5%)

p25/median/p75 = 3%/5%/8%

Business Structure Breakdown

How businesses in this industry are legally structured (IRS SOI)

C Corporation
20,406 returns 100%

Margin: 1.6% · Receipts: $98.5B

Financial Detail

Total Tax Returns Filed
20,406
Avg Receipts per Business
$4.8B

Sub-Industries

Industry Profit Margin
Electronics and Appliance Stores

NAICS 4431

 N/A

Top States by Employment

State Employment
Michigan 5,765
Georgia 5,376
Alabama 2,916
Oregon 2,581
Kentucky 1,917
Kansas 1,615
Nebraska 1,512
Arkansas 1,425
South Dakota 669
Montana 629

Showing top 10 of 51 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

288

Total Loan Volume

$149M

Avg Loan Size

$518K

Jobs Supported

2,399

Program Breakdown

7(a) 250 (87%)
504 38 (13%)

Top SBA Lender

TD Bank, National Association

31 loans in this industry

New Business Share

15.6% of borrowers were new/startup businesses

Annual Lending Trend (6 yrs)

2020
98
2021
110
2022
44
2023
23
2024
12
2025
1

View SBA lending rankings →

Frequently Asked Questions

What is the average revenue for Electronics and Appliance Stores?
$98.5B in total annual receipts across all Electronics and Appliance Stores businesses. Average per business: $4.8B.
How profitable is Electronics and Appliance Stores?
1.6% net profit margin, significantly below average, typical of high-volume, low-margin sectors.
How many businesses are in Electronics and Appliance Stores?
19,048 business establishments.
What is the average payroll per employee in Electronics and Appliance Stores?
Average payroll data for Electronics and Appliance Stores is not available in the current Census CBP dataset.
Which states have the most Electronics and Appliance Stores employment?
Michigan leads with 5,765 workers. Georgia (5,376) and Alabama (2,916) round out the top three.
How much SBA lending does Electronics and Appliance Stores receive?
Electronics and Appliance Stores businesses received 288 SBA loans totaling $149 million between FY2020 and FY2026. The average loan size was $518K. These loans supported 2,399 jobs at origination. Most lending (87%) 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.

Closest reported net margins

Same NAICS detail level, ordered by the smallest difference in reported IRS pre-tax margin.

Benchmarking Electronics and Appliance Stores

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 443 · 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.