53242

Analysis

NAICS 53242 is the 2022 NAICS industry for office machinery and equipment rental and leasing, part of 5324 (Commercial and Industrial Machinery and Equipment Rental and Leasing).

It has only one more detailed code, 532420, which covers exactly the same activities; the definition, index entries and statistics are on that page.

County Business Patterns counts 694 US establishments in this code in 2023, employing 6,110 people at an average annual payroll of $100,019 per employee (84th percentile of national industries). 59% of the establishments have fewer than five employees, which is close to the national mix.

By establishments it ranks 3rd of the 3 codes at this level within Commercial and Industrial Machinery and Equipment Rental and Leasing, with 4.1% of them.

Between 2018 and 2023 the number of establishments fell 5% and employment fell 22%. The 2018 count used NAICS 2017, so part of a large move can come from codes being redefined rather than from businesses opening or closing.