Employment
4,057
Total employees (Census CBP)
Real Estate and Rental and Leasing ·NAICS 532281
NAICS 532281 · IRS SOI (C corp) · Census CBP 2023
Formal Wear and Costume Rental - Industry Benchmarks
11 SBA loans on record, $2M in volume, for NAICS 532281.
- 16.3%
- Real Estate and Rental and Leasing sector margin
- 4K
- Workers employed
- N/A
- Avg payroll / employee
- $2M
- SBA lending, FY20–26
Data updated August 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 16.3% net margin.
- 16.3%
- 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
Use Formal Wear and Costume Rental's NAICS benchmark as a comparison point, not a forecast for one business.
Formal Wear and Costume Rental 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 Formal Wear and Costume Rental
Formal Wear and Costume Rental sits inside Real Estate and Rental and Leasing, a sector that runs a 16.3% net margin overall.
681 establishments employ 4,057 workers (6.0/location). Illinois leads employment, followed by Texas and New York.
Formal Wear and Costume Rental sits in the 5th percentile for employment among 6-digit NAICS industries with reported data.
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.
Subscribe to this industry's release updates (RSS)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 16.3% net margin (IRS SOI 2013 C corp).
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.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Formal Wear and Costume Rental, both at NAICS level 6 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Formal Wear and Costume Rental ranks #759 of 801 U.S. industries at the 6-digit NAICS level by total employment.
Similar workforce scale
Nearest peer industries by ABS(Census employment) (4,057 here).
Read with this industry: Industry employment trends · Real Estate and Rental and Leasing · 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 · 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.
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.