NAICS 332710 · California overview

Machine Shops & Precision Machining in Nevada County

Nevada County had 5 Machine Shops establishments in 2023, ranking 33 of 40 California counties and accounting for 0.2% of the statewide total.

Establishments (2023)
5
Rank 33 of 40 counties
Employees
39
Mid-March employment
Annual payroll
$2.2M
All establishments
Per 10k residents
0.5
101,911 residents

More recent reading

BLS QCEW, 2026Q1

The figures above are County Business Patterns, which carries the size distribution but runs about two years behind. The Bureau of Labor Statistics publishes quarterly, so this is the same industry roughly 3 years later. The two count different universes, Census counts establishments with paid employees in the March pay period and BLS counts worksites covered by unemployment insurance during the quarter, so the numbers are not directly comparable and either can be the larger.

Establishments
7
2026Q1
Employment
77
Quarter-end level
Average weekly wage
$1,446
Per covered worker
Quarterly trend
+16.7%
2025Q2 to 2026Q1
Concentration vs the national averageBLS, 2026Q1

1.34 location quotient. Machine Shops employment in Nevada County is about 1.3 times more concentrated than in the United States as a whole.

Computed by the Bureau of Labor Statistics, not derived here. Above 1.0 means the industry is a larger share of local employment than of national employment.

Establishments by size

Employee-count distribution for Machine Shops in Nevada County.

EmployeesEstablishmentsShareDistribution
1-4360.0%

Establishment trend

Year-over-year establishment counts, County Business Patterns. Net decline of 16.7% since 2020.

YearEstablishmentsChange
20206n/a
20215-1
20224-1
20235+1

How this market compares

Nevada County against every other county in California on the same measure. The median excludes places under 2,000 residents, where per-capita figures are arithmetically true but analytically useless.

Above average0.5 per 10,000 residents, against a state median of 0.4

More provision than the typical California market of this size. Usually a sign of genuine local demand rather than oversupply.

Vs state median
+18%
Businesses per resident
Rank by count
#33
of 40 counties
Rank by density
#17
of 40 ranked
Since 2020
-17%
Change in establishments

Density compares machine shops & precision machining provision per resident. It does not measure revenue, profitability or whether a market is worth entering.

Business size mix

Nevada is more fragmented than California as a whole: a larger share of very small operators. Fragmented markets are where roll-ups are assembled, and where an owner nearing retirement has no obvious internal buyer.

Share of establishmentsNevadaCaliforniaDifference
Under 5 employeesOwner-operated, often no management layer60.0%47.0%+13.0%
5 to 49 employeesThe range most individual buyers target0.0%45.6%-45.6%
10 or more employeesPractical floor for acquisition financing0.0%27.7%-27.7%

What acquirers look at

Classic succession target: aging owner-machinists, real equipment collateral, and sticky aerospace or defense customer qualifications that take years to replicate.

Cities in Nevada

The figures above cover the county as a whole. These are the places within it.

Other industries in Nevada

Sources

  1. U.S. Census Bureau, 2023 County Business Patterns. Establishment counts, employment and annual payroll by NAICS. Retrieved 2026-09-08.
  2. U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages (2026Q1). Quarterly establishment counts and employment for employers covered by unemployment insurance. Retrieved 2026-09-08.