Retail Trade ·NAICS 45221

NAICS 45221 · IRS SOI 2023 · Census CBP

Department Stores - Industry Benchmarks

12 SBA loans on record, $3M in volume, for NAICS 45221.

2K
Establishments
N/A
Workers employed
N/A
Avg payroll / employee
$3M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 45221

Pennsylvania leads Department Stores activity nationally, across 2K establishments employing N/A workers. IRS SOI doesn't publish margin data at this NAICS level.

2K
Business establishments (Census)
N/A
Workers employed (Census CBP)
N/A
Avg payroll / employee
$3M
SBA lending, FY20–26

Benchmarking Insights for Department Stores

Department Stores sits inside Retail Trade.

2,434 establishments employ N/A workers. Pennsylvania leads employment, followed by North Carolina and Georgia.

Employment

N/A

Total employees (Census CBP)

Avg Payroll / Employee

N/A

Annual compensation

Establishments

2,434

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

establishment count decreased by 547. 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
Department Stores

NAICS 452210

N/A

Top States by Employment

State Employment
Pennsylvania 9,459
North Carolina 8,469
Georgia 7,770
South Carolina 4,167
Tennessee 4,045
Alabama 3,284
Mississippi 1,971
Maine 713

Showing top 10 of 48 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

12

Total Loan Volume

$3M

Avg Loan Size

$228K

Jobs Supported

90

Program Breakdown

7(a) 10 (83%)
504 2 (17%)

Top SBA Lender

The Huntington National Bank

4 loans in this industry

New Business Share

25.0% of borrowers were new/startup businesses

Annual Lending Trend (3 yrs)

2020
1
2021
10
2022
1

Frequently Asked Questions

How many businesses are in Department Stores?
2,434 business establishments.
What is the average payroll per employee in Department Stores?
Average payroll data for Department Stores is not available in the current Census CBP dataset.
Which states have the most Department Stores employment?
Pennsylvania leads with 9,459 workers. North Carolina (8,469) and Georgia (7,770) round out the top three.
How much SBA lending does Department Stores receive?
Department Stores businesses received 12 SBA loans totaling $3 million between FY2020 and FY2026. The average loan size was $228K. These loans supported 90 jobs at origination. Most lending (83%) came through the SBA 7(a) program.

Benchmarking Department 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 45221 · 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.

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.