This data is based on ZIP code 47024.
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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Laurel ZIP Area Economy · 2023
Wages -49% vs. avg. Franklin Co. town
Laurel's ZIP area supports 76 jobs across 23 businesses, with workers earning an average of $25K per year, 49% below the Franklin County average. The economy is well-diversified (0.94 index), led by construction and retail trade. 100% of businesses have fewer than 20 employees, and each business employs an average of 3.3 people. Jobs grew 22.6% from the prior year while business count declined 8%.
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
23 businesses by employee count. 100% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Economic Densityi
0.17
jobs per resident
3.3
employees per business
County avg: 14.2-77%
$4K
payroll per resident
$84K
payroll per business
Laurel ZIP Area vs. Avg. Franklin Co. Towni
All Industries in ZIP Areai
| Sector | Laurel ZIP | Avg. Franklin Co. | Spec. |
|---|---|---|---|
| Construction | 7 | 18 | 2.8x |
| Retail Trade | 3 | 23 | 0.9x |
| Transportation | 3 | 8 | 2.7x |
| Food & Accommodation | 3 | 13 | 1.6x |