This data is based on ZIP code 48464.
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.
Showing latest year snapshot. Full economic history and trends available with a paid plan. See products & pricing →
Otter Lake ZIP Area Economy · 2023
Wages -21% vs. avg. Lapeer Co. town
Otter Lake's ZIP area supports 52 jobs across 18 businesses, with workers earning an average of $34K per year, 21% below the Lapeer County average. 77.8% of businesses have fewer than 20 employees, and each business employs an average of 2.9 people. Jobs declined 3.7% from the prior year while business count grew 20%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Lapeer Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
18 businesses by employee count. 77.8% are small businesses (under 20 employees).
Micro (<5)
Economic Densityi
0.14
jobs per resident
2.9
employees per business
County avg: 12.3-77%
$5K
payroll per resident
$99K
payroll per business
Otter Lake ZIP Area vs. Avg. Lapeer Co. Towni
All Industries in ZIP Areai
| Sector | Otter Lake ZIP | Avg. Lapeer Co. | Spec. |
|---|---|---|---|
| Healthcare | 4 | 22 | 1.8x |