NAICS 52312 · IRS SOI 2023 · Census CBP

Securities Brokerage - Industry Benchmarks

64 SBA loans on record, $52M in volume, for NAICS 52312.

Compiled by PlainBizBench Editorial, Industry Data Editorial Team

20.1%
Finance and Insurance sector margin: N/A
Workers employed: N/A
Avg payroll / employee: $52M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 52312

New York leads Securities Brokerage activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Finance and Insurance sector runs a 20.1% net margin.

20.1%
Finance and Insurance sector margin (IRS SOI): N/A
Workers employed (Census CBP): N/A
Avg payroll / employee: $52M
SBA lending, FY20–26

Benchmarking Insights for Securities Brokerage

Securities Brokerage sits inside Finance and Insurance, a sector that runs a 20.1% net margin overall.

21,990 establishments employ N/A workers. New York leads employment, followed by Tennessee and Connecticut.

Employment

N/A

Total employees (Census CBP)

Avg Payroll / Employee

N/A

Annual compensation

Establishments

21,990

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

establishment count decreased by 1,053. 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	Employment	Avg Payroll/Emp
Securities Brokerage NAICS 523120	N/A	N/A	N/A

Top States by Employment

State	Employment	Establishments	Annual Payroll	Avg Payroll/Emp
New York	34,462	1,527	$13.4B	$390,179/yr
Tennessee	4,430	324	$941.2M	$212,467/yr
Connecticut	3,701	350	$1.0B	$277,602/yr
Indiana	2,994	346	$499.1M	$166,684/yr
Iowa	1,382	229	$203.9M	$147,553/yr
Arkansas	1,204	119	N/A	N/A
Delaware	920	89	$135.5M	$147,324/yr
Montana	574	92	N/A	N/A
South Dakota	324	72	$64.6M	$199,478/yr

Showing top 10 of 51 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

Total Loan Volume

$52M

Avg Loan Size

$808K

Jobs Supported

363

Program Breakdown

7(a) 52 (81%)

504 12 (19%)

Top SBA Lender

Live Oak Banking Company

16 loans in this industry

New Business Share

6.3% of borrowers were new/startup businesses

Annual Lending Trend (4 yrs)

2020

2021

2022

2023

View SBA lending rankings →

Frequently Asked Questions

How profitable is Securities Brokerage?

IRS SOI doesn't publish margin data at the NAICS 52312 level. New York leads this industry nationally. The broader Finance and Insurance sector runs a 20.1% net margin (IRS SOI 2023).

How many businesses are in Securities Brokerage?

21,990 business establishments.

What is the average payroll per employee in Securities Brokerage?

Average payroll data for Securities Brokerage is not available in the current Census CBP dataset.

Which states have the most Securities Brokerage employment?

New York leads with 34,462 workers. Tennessee (4,430) and Connecticut (3,701) round out the top three.

How much SBA lending does Securities Brokerage receive?

Securities Brokerage businesses received 64 SBA loans totaling $52 million between FY2020 and FY2026. The average loan size was $808K. These loans supported 363 jobs at origination. Most lending (81%) came through the SBA 7(a) program.

Benchmarking Securities Brokerage

No margin data, check the parent industry. Browse Finance and Insurance
21,990 establishments, N/A workers. Payroll benchmarks
64 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 52312 · 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 Accessed 2026-07-06

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.