This data is based on ZIP code 48041.
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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Memphis ZIP Area Economy · 2023
Wages -35% vs. avg. Macomb Co. town
Memphis's ZIP area supports 441 jobs across 64 businesses, with workers earning an average of $37K per year, 35% below the Macomb County average. The economy is well-diversified (0.94 index), led by construction and retail trade. 93.8% of businesses have fewer than 20 employees, and each business employs an average of 6.9 people. Jobs grew 3.3% from the prior year while business count declined 7.2%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Macomb Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
64 businesses by employee count. 93.8% are small businesses (under 20 employees).
Small (10-19)
Micro (<5)
Small (5-9)
Medium (20-49)
Economic Densityi
0.41
jobs per resident
6.9
employees per business
County avg: 15.6-56%
$15K
payroll per resident
$254K
payroll per business
Memphis ZIP Area vs. Avg. Macomb Co. Towni
All Industries in ZIP Areai
| Sector | Memphis ZIP | Avg. Macomb Co. | Spec. |
|---|---|---|---|
| Construction | 15 | 108 | 2.5x |
| Retail Trade | 11 | 166 | 1.2x |
| Manufacturing | 8 | 91 | 1.6x |
| Transportation | 5 | 57 | 1.6x |
| Professional Services | 5 | 95 | 0.9x |
| Admin Services | 5 | 62 | 1.5x |
| Food & Accommodation | 5 | 110 | 0.8x |
| Healthcare | 3 | 166 | 0.3x |