Employment
4,057
Total employees (Census CBP)
Real Estate and Rental and Leasing ·NAICS 532281
NAICS 532281 · IRS SOI 2023 · Census CBP
Formal Wear and Costume Rental - Industry Benchmarks
11 SBA loans on record, $2M in volume, for NAICS 532281.
- 13.8%
- Real Estate and Rental and Leasing sector margin
- 4K
- Workers employed
- N/A
- Avg payroll / employee
- $2M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 532281
Illinois leads Formal Wear and Costume Rental activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Real Estate and Rental and Leasing sector runs a 13.8% net margin.
- 13.8%
- Real Estate and Rental and Leasing sector margin (IRS SOI)
- 4K
- Workers employed (Census CBP)
- N/A
- Avg payroll / employee
- $2M
- SBA lending, FY20–26
Benchmarking Insights for Formal Wear and Costume Rental
Formal Wear and Costume Rental sits inside Real Estate and Rental and Leasing, a sector that runs a 13.8% net margin overall.
681 establishments employ 4,057 workers (6.0/location). Illinois leads employment, followed by Texas and New York.
Avg Payroll / Employee
N/A
Annual compensation
Establishments
681
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 87; establishment count decreased by 51. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Workforce scale
Financial Detail
- Avg Employees per Establishment
- 6.0
Top States by Employment
| State | Employment |
|---|---|
| Illinois | 221 |
| Texas | 220 |
| New York | 208 |
| Ohio | 123 |
| Tennessee | 117 |
| Florida | 83 |
| Alabama | 56 |
| Connecticut | 22 |
| Nevada | 21 |
| Rhode Island | 11 |
Showing top 10 of 39 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
11
Total Loan Volume
$2M
Avg Loan Size
$187K
Jobs Supported
60
Program Breakdown
7(a) 11 (100%)
504 0 (0%)
Top SBA Lender
TD Bank, National Association
2 loans in this industry
New Business Share
36.4% of borrowers were new/startup businesses
Annual Lending Trend (4 yrs)
2022 1
2023 2
2024 3
2025 5
Frequently Asked Questions
How profitable is Formal Wear and Costume Rental?
IRS SOI doesn't publish margin data at the NAICS 532281 level. Illinois leads this industry nationally. The broader Real Estate and Rental and Leasing sector runs a 13.8% net margin (IRS SOI 2023).
How many businesses are in Formal Wear and Costume Rental?
681 business establishments. Together they employ 4,057 workers.
What is the average payroll per employee in Formal Wear and Costume Rental?
Average payroll data for Formal Wear and Costume Rental is not available in the current Census CBP dataset.
Which states have the most Formal Wear and Costume Rental employment?
Illinois leads with 221 workers. Texas (220) and New York (208) round out the top three.
How much SBA lending does Formal Wear and Costume Rental receive?
Formal Wear and Costume Rental businesses received 11 SBA loans totaling $2 million between FY2020 and FY2026. The average loan size was $187K. These loans supported 60 jobs at origination. Most lending (100%) 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 5% of that same 801-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.
- Creamery Butter Manufacturing 4,055
- Lime Manufacturing 4,068
- Commuter Rail Systems 4,081
Benchmarking Formal Wear and Costume Rental
- No margin data, check the parent industry. Browse Real Estate and Rental and Leasing
- 681 establishments, 4,057 workers. Payroll benchmarks
- 11 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 532281 · 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.