Retail Trade ·NAICS 448320

NAICS 448320 · IRS SOI 2023 · Census CBP

Luggage and Leather Goods Stores - Industry Benchmarks

13 SBA loans on record, $3M in volume, for NAICS 448320.

4.2%
Retail Trade sector margin
N/A
Workers employed
N/A
Avg payroll / employee
$3M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 448320

Oregon leads 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)
N/A
Workers employed (Census CBP)
N/A
Avg payroll / employee
$3M
SBA lending, FY20–26

Benchmarking Insights for Luggage and Leather Goods Stores

Luggage and Leather Goods Stores sits inside Retail Trade, a sector that runs a 4.2% net margin overall.

801 establishments employ N/A workers. Oregon leads employment, followed by Washington and Arizona.

Employment

N/A

Total employees (Census CBP)

Avg Payroll / Employee

N/A

Annual compensation

Establishments

801

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

establishment count increased by 15. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

Financial Detail

Top States by Employment

State Employment
Oregon 119
Washington 87
Arizona 78
New Mexico 15
Alabama 8
Idaho 0

Showing top 10 of 36 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

13

Total Loan Volume

$3M

Avg Loan Size

$252K

Jobs Supported

32

Program Breakdown

7(a) 12 (92%)
504 1 (8%)

Top SBA Lender

Eastern Bank

3 loans in this industry

New Business Share

15.4% of borrowers were new/startup businesses

Annual Lending Trend (3 yrs)

2020
8
2021
3
2022
2

View SBA lending rankings →

Frequently Asked Questions

How profitable is Luggage and Leather Goods Stores?
IRS SOI doesn't publish margin data at the NAICS 448320 level. Oregon leads this industry nationally. The broader Retail Trade sector runs a 4.2% net margin (IRS SOI 2023).
How many businesses are in Luggage and Leather Goods Stores?
801 business establishments.
What is the average payroll per employee in Luggage and Leather Goods Stores?
Average payroll data for Luggage and Leather Goods Stores is not available in the current Census CBP dataset.
Which states have the most Luggage and Leather Goods Stores employment?
Oregon leads with 119 workers. Washington (87) and Arizona (78) round out the top three.
How much SBA lending does Luggage and Leather Goods Stores receive?
Luggage and Leather Goods Stores businesses received 13 SBA loans totaling $3 million between FY2020 and FY2026. The average loan size was $252K. These loans supported 32 jobs at origination. Most lending (92%) came through the SBA 7(a) program.

Benchmarking 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 448320 · 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.