Employment
74,730
Total employees (Census CBP)
Real Estate and Rental and Leasing ·NAICS 532412
NAICS 532412 · IRS SOI 2023 · Census CBP
Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing - Industry Benchmarks
$90,948/yr average annual pay, with 195 SBA loans on record for NAICS 532412.
- 13.8%
- Real Estate and Rental and Leasing sector margin
- 75K
- Workers employed
- $90,948/yr
- Avg payroll / employee
- $190M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 532412
Texas leads Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing 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)
- 75K
- Workers employed (Census CBP)
- $90,948/yr
- Avg payroll / employee
- $190M
- SBA lending, FY20–26
Benchmarking Insights for Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing
Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing sits inside Real Estate and Rental and Leasing, a sector that runs a 13.8% net margin overall.
5,495 establishments employ 74,730 workers (13.6/location) at $90,948/yr average annual pay. Texas leads employment, followed by Louisiana and Pennsylvania.
Avg Payroll / Employee
$90,948/yr
Annual compensation
Establishments
5,495
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 8,107; establishment count increased by 416. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Workforce scale
Financial Detail
- Annual Payroll (Total)
- $6.8B
- Avg Employees per Establishment
- 13.6
Top States by Employment
| State | Employment |
|---|---|
| Texas | 18,564 |
| Louisiana | 5,095 |
| Pennsylvania | 2,216 |
| Oklahoma | 1,704 |
| Arizona | 1,505 |
| Colorado | 1,287 |
| Alabama | 1,282 |
| Washington | 1,097 |
| North Dakota | 996 |
| New Mexico | 992 |
Showing top 10 of 50 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
195
Total Loan Volume
$190M
Avg Loan Size
$973K
Jobs Supported
2,276
Program Breakdown
7(a) 167 (86%)
504 28 (14%)
Top SBA Lender
U.S. Bank, National Association
11 loans in this industry
New Business Share
30.3% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 32
2021 39
2022 19
2023 26
2024 34
2025 38
2026 7
Frequently Asked Questions
How profitable is Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing?
IRS SOI doesn't publish margin data at the NAICS 532412 level. Texas 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 Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing?
5,495 business establishments. Together they employ 74,730 workers.
What is the average payroll per employee in Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing?
$90,948/yr average annual pay per employee. Businesses average 13.6 employees per establishment.
Which states have the most Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing employment?
Texas leads with 18,564 workers. Louisiana (5,095) and Pennsylvania (2,216) round out the top three.
How much SBA lending does Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing receive?
Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing businesses received 195 SBA loans totaling $190 million between FY2020 and FY2026. The average loan size was $973K. These loans supported 2,276 jobs at origination. Most lending (86%) 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 66% 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.
Benchmarking Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing
- No margin data, check the parent industry. Browse Real Estate and Rental and Leasing
- 5,495 establishments, 74,730 workers. Payroll benchmarks
- 195 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 532412 · 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.