Commercial Banking · Wisconsin

Commercial Banking in Wisconsin

NAICS 522110 · Census Bureau County Business Patterns 2023

Benchmarking Commercial Banking in Wisconsin

Commercial Banking (NAICS 522110) in Wisconsin reports 26,442 workers across 1,684 establishments, with $2.3B of aggregate annual payroll flowing through Census CBP 2023 filings. That represents 1.6% of national employment for this industry, a concentration ratio that tells you whether Wisconsin is a primary labor market for this NAICS code or a smaller satellite. A share above 5% signals a meaningful regional cluster; below 1% usually means the state is not a structural fit for this industry at scale. Wisconsin accounts for 2.0% of the national Commercial Banking establishment count (1,684 of 82,989), according to Census County Business Patterns.

Wage benchmarking is where state-level data earns its keep. The average annual compensation for Commercial Banking employees in Wisconsin is $87,708/yr, versus a national average of $107,216/yr. Wisconsin pays below the national average for this industry, common in lower cost-of-living states or where the industry has a smaller, less specialized local workforce.

Profitability data is only available at the national level because the IRS Statistics of Income program does not publish state-level margin breakdowns. The national net profit margin for Commercial Banking is not reported, and while margins do vary by state, the direction of variance usually follows labor cost and establishment size, both shown above. For a complete picture, pair this state-industry view with the Commercial Banking national page (entity structure, SBA lending, sub-industries) and the Wisconsin overview (top employers, payroll dispersion across industries).

Employment

26,442

Establishments

1,684

Annual Payroll

$2.3B

Avg Payroll/Employee

$87,708/yr

Compare to National Average

Profit Margin (National)

N/A National

National avg, IRS SOI (no state-level profit data)

Avg Payroll/Employee

$87,708/yr Wisconsin
$107,216/yr National

Wisconsin vs National avg

Employment

26,442 Wisconsin
1,630,919 National

Wisconsin share of national

Frequently Asked Questions

How many Commercial Banking businesses are in Wisconsin?
There are 1,684 Commercial Banking (NAICS 522110) establishments in Wisconsin, according to Census Bureau County Business Patterns 2023 data. These establishments employ 26,442 workers.
What is the average payroll for Commercial Banking in Wisconsin?
The average annual payroll per employee for Commercial Banking in Wisconsin is $87,708/yr. The national average for this industry is $107,216/yr. This data comes from the Census Bureau County Business Patterns 2023 survey.
How does Wisconsin compare nationally for Commercial Banking?
Wisconsin accounts for 1.6% of national employment in Commercial Banking, with 26,442 of 1,630,919 total US workers in this industry.
What is the profit margin for Commercial Banking?
Profit margin data for Commercial Banking is not available in the current IRS SOI dataset.
Disclaimer: PlainBizBench provides publicly available IRS and Census data for informational purposes only. This is not financial, tax, or business advice. Consult a qualified accountant or financial advisor for business-specific guidance.
Source: Census Bureau County Business Patterns (CBP) 2023 · NAICS 522110 · WI
Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainBizBench

Source: U.S. Census Bureau, County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2025

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Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page compares this industry's state-level benchmark against the national figure, 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.