Real Estate and Rental and Leasing ·NAICS 532420

NAICS 532420 · IRS SOI 2023 · Census CBP

Office Machinery and Equipment Rental and Leasing - Industry Benchmarks

$100,019/yr average annual pay, with 61 SBA loans on record for NAICS 532420.

13.8%
Real Estate and Rental and Leasing sector margin
6K
Workers employed
$100,019/yr
Avg payroll / employee
$53M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 532420

California leads Office 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)
6K
Workers employed (Census CBP)
$100,019/yr
Avg payroll / employee
$53M
SBA lending, FY20–26

Benchmarking Insights for Office Machinery and Equipment Rental and Leasing

Office Machinery and Equipment Rental and Leasing sits inside Real Estate and Rental and Leasing, a sector that runs a 13.8% net margin overall.

694 establishments employ 6,110 workers (8.8/location) at $100,019/yr average annual pay. California leads employment, followed by New York and Texas.

Employment

6,110

Total employees (Census CBP)

Avg Payroll / Employee

$100,019/yr

Annual compensation

Establishments

694

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

establishment count increased by 7. 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)
$611.1M
Avg Employees per Establishment
8.8

Top States by Employment

State Employment
California 1,178
New York 787
Texas 567
Florida 420
New Jersey 239
Ohio 168
North Carolina 118
Tennessee 93
Arizona 84
Colorado 44

Showing top 10 of 38 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

61

Total Loan Volume

$53M

Avg Loan Size

$871K

Jobs Supported

579

Program Breakdown

7(a) 51 (84%)
504 10 (16%)

Top SBA Lender

U.S. Bank, National Association

3 loans in this industry

New Business Share

14.8% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
11
2021
9
2022
8
2023
10
2024
10
2025
11
2026
2

Frequently Asked Questions

How profitable is Office Machinery and Equipment Rental and Leasing?
IRS SOI doesn't publish margin data at the NAICS 532420 level. California 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 Office Machinery and Equipment Rental and Leasing?
694 business establishments. Together they employ 6,110 workers.
What is the average payroll per employee in Office Machinery and Equipment Rental and Leasing?
$100,019/yr average annual pay per employee. Businesses average 8.8 employees per establishment.
Which states have the most Office Machinery and Equipment Rental and Leasing employment?
California leads with 1,178 workers. New York (787) and Texas (567) round out the top three.
How much SBA lending does Office Machinery and Equipment Rental and Leasing receive?
Office Machinery and Equipment Rental and Leasing businesses received 61 SBA loans totaling $53 million between FY2020 and FY2026. The average loan size was $871K. These loans supported 579 jobs at origination. Most lending (84%) 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 8% 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 Office Machinery and Equipment Rental and Leasing

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 532420 · 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.