Employment
N/A
Total employees (Census CBP)
Retail Trade ·NAICS 4431
NAICS 4431 · IRS SOI 2023 · Census CBP
Electronics and Appliance Stores - Industry Benchmarks
288 SBA loans on record, $149M in volume, for NAICS 4431.
- 4.2%
- Retail Trade sector margin
- N/A
- Workers employed
- N/A
- Avg payroll / employee
- $149M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 4431
Michigan leads Electronics and Appliance Stores activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Retail Trade sector runs a 4.2% net margin.
- 4.2%
- Retail Trade sector 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, a sector that runs a 4.2% net margin overall.
19,048 establishments employ N/A workers. Michigan leads employment, followed by Georgia and Alabama.
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.
Financial Detail
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Electronics and Appliance Stores NAICS 44314 | 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 FY2020–2026SBA 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
Frequently Asked Questions
How profitable is Electronics and Appliance Stores?
IRS SOI doesn't publish margin data at the NAICS 4431 level. Michigan leads this industry nationally. The broader Retail Trade sector runs a 4.2% net margin (IRS SOI 2023).
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.
Benchmarking Electronics and Appliance Stores
- No margin data, check the parent industry. Browse Retail Trade
- 19,048 establishments, N/A workers. Payroll benchmarks
- 288 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 4431 · 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.