This data is based on ZIP code 60083, which covers Wadsworth and Beach Park and Old Mill Creek.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP code 60083 area shared across these towns.
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Wadsworth ZIP Area Economy · 2023
Wages -43% vs. avg. Lake Co. town
Wadsworth's ZIP area supports 1,254 jobs across 153 businesses, with workers earning an average of $49K per year, 43% below the Lake County average. The economy is well-diversified (0.92 index), led by admin services and construction. 87.6% of businesses have fewer than 20 employees, and each business employs an average of 8.2 people. Jobs grew 5.6% from the prior year while business count grew 0.7%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Lake Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
153 businesses by employee count. 87.6% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Medium (20-49)
Medium (50-99)
Economic Densityi
0.34
jobs per resident
8.2
employees per business
County avg: 14.7-44%
$17K
payroll per resident
$404K
payroll per business
Wadsworth ZIP Area vs. Avg. Lake Co. Towni
All Industries in ZIP Areai
| Sector | Wadsworth ZIP | Avg. Lake Co. | Spec. |
|---|---|---|---|
| Admin Services | 28 | 107 | 2.4x |
| Construction | 22 | 149 | 1.4x |
| Retail Trade | 15 | 139 | 1.0x |
| Professional Services | 14 | 214 | 0.6x |
| Food & Accommodation | 13 | 104 | 1.2x |
| Transportation | 12 | 67 | 1.7x |
| Wholesale Trade | 10 | 78 | 1.2x |
| Other Services | 9 | 121 | 0.7x |
| Real Estate | 6 | 64 | 0.9x |
| Healthcare | 5 | 152 | 0.3x |
| Finance & Insurance | 4 | 86 | 0.4x |
| Arts & Entertainment | 4 | 29 | 1.3x |
| Manufacturing | 3 | 50 | 0.6x |