Employment
112,711
Total employees (Census CBP)
Retail Trade ·NAICS 4483
NAICS 4483 · IRS SOI 2023 · Census CBP
Jewelry, Luggage, and Leather Goods Stores - Industry Benchmarks
$52,431/yr average annual pay, with 284 SBA loans on record for NAICS 4483.
- 4.2%
- Retail Trade sector margin
- 113K
- Workers employed
- $52,431/yr
- Avg payroll / employee
- $108M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 4483
California leads Jewelry, Luggage, and Leather Goods 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)
- 113K
- Workers employed (Census CBP)
- $52,431/yr
- Avg payroll / employee
- $108M
- SBA lending, FY20–26
Benchmarking Insights for Jewelry, Luggage, and Leather Goods Stores
Jewelry, Luggage, and Leather Goods Stores sits inside Retail Trade, a sector that runs a 4.2% net margin overall.
20,698 establishments employ 112,711 workers (5.5/location) at $52,431/yr average annual pay. California leads employment, followed by New York and Florida.
Avg Payroll / Employee
$52,431/yr
Annual compensation
Establishments
20,698
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 4,378; establishment count increased by 564. 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)
- $5.9B
- Avg Employees per Establishment
- 5.5
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Jewelry Stores NAICS 44831 | N/A |
| Luggage and Leather Goods Stores NAICS 44832 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| California | 13,521 |
| New York | 9,820 |
| Florida | 9,559 |
| Illinois | 4,138 |
| Pennsylvania | 3,874 |
| Georgia | 3,540 |
| New Jersey | 3,489 |
| North Carolina | 3,432 |
| Ohio | 3,290 |
| Michigan | 2,928 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
284
Total Loan Volume
$108M
Avg Loan Size
$381K
Jobs Supported
1,365
Program Breakdown
7(a) 255 (90%)
504 29 (10%)
Top SBA Lender
U.S. Bank, National Association
33 loans in this industry
New Business Share
17.3% of borrowers were new/startup businesses
Annual Lending Trend (6 yrs)
2020 102
2021 109
2022 52
2023 14
2024 6
2025 1
Frequently Asked Questions
How profitable is Jewelry, Luggage, and Leather Goods Stores?
IRS SOI doesn't publish margin data at the NAICS 4483 level. California leads this industry nationally. The broader Retail Trade sector runs a 4.2% net margin (IRS SOI 2023).
How many businesses are in Jewelry, Luggage, and Leather Goods Stores?
20,698 business establishments. Together they employ 112,711 workers.
What is the average payroll per employee in Jewelry, Luggage, and Leather Goods Stores?
$52,431/yr average annual pay per employee. Businesses average 5.5 employees per establishment.
Which states have the most Jewelry, Luggage, and Leather Goods Stores employment?
California leads with 13,521 workers. New York (9,820) and Florida (9,559) round out the top three.
How much SBA lending does Jewelry, Luggage, and Leather Goods Stores receive?
Jewelry, Luggage, and Leather Goods Stores businesses received 284 SBA loans totaling $108 million between FY2020 and FY2026. The average loan size was $381K. These loans supported 1,365 jobs at origination. Most lending (90%) 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 36% of that same 259-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 Jewelry, Luggage, and Leather Goods Stores
- No margin data, check the parent industry. Browse Retail Trade
- 20,698 establishments, 112,711 workers. Payroll benchmarks
- 284 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 4483 · 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.