This data is based on ZIP code 47016.
The U.S. Census reports business data by ZIP code, not city boundaries. Some businesses just outside city limits may be included, and vice versa.
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Cedar Grove ZIP Area Economy · 2023
Wages -16% vs. avg. Franklin Co. town
Cedar Grove's ZIP area supports 41 jobs across 12 businesses, with workers earning an average of $42K per year, 16% below the Franklin County average. The economy is well-diversified (0.99 index), led by construction and retail trade. 91.7% of businesses have fewer than 20 employees, and each business employs an average of 3.4 people. Jobs declined 2.4% from the prior year while business count declined 7.7%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Franklin Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
12 businesses by employee count. 91.7% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Economic Densityi
0.16
jobs per resident
3.4
employees per business
County avg: 14.2-76%
$7K
payroll per resident
$145K
payroll per business
Cedar Grove ZIP Area vs. Avg. Franklin Co. Towni
All Industries in ZIP Areai
| Sector | Cedar Grove ZIP | Avg. Franklin Co. | Spec. |
|---|---|---|---|
| Construction | 4 | 18 | 3.0x |
| Retail Trade | 3 | 23 | 1.8x |