Retail Trade ·NAICS 4483

NAICS 4483 · IRS SOI (C corp) · Census CBP 2023

Jewelry, Luggage, and Leather Goods Stores - Industry Benchmarks

$52,431/yr average annual pay, with 284 SBA loans on record for NAICS 4483.

21K
Establishments
113K
Workers employed
$52,431/yr
Avg payroll / employee
$108M
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 4483

California leads Jewelry, Luggage, and Leather Goods Stores activity nationally, across 21K establishments employing 113K workers. IRS SOI doesn't publish margin data at this NAICS level.

21K
Business establishments (Census)
113K
Workers employed (Census CBP)
$52,431/yr
Avg payroll / employee
$108M
SBA lending, FY20–26

Use Jewelry, Luggage, and Leather Goods Stores's NAICS benchmark as a comparison point, not a forecast for one business.

Jewelry, Luggage, and Leather Goods Stores is reported here with financial measures from IRS Statistics of Income and workforce measures from Census County Business Patterns. The page keeps those source systems distinct, shows unavailable fields rather than estimating them, and links the underlying industry context so readers can compare the same NAICS activity before interpreting a margin or payroll figure.

Source: IRS SOI (C corporation headline) and Census County Business Patterns 2023

Benchmarking Insights for Jewelry, Luggage, and Leather Goods Stores

Jewelry, Luggage, and Leather Goods Stores sits inside Retail Trade.

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.

Employment

112,711

Total employees (Census CBP)

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.

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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 FY2020–2026

SBA 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 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

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 · CBP 2023 · IRS SOI

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.