This data is based on ZIP code 49451.
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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Ravenna ZIP Area Economy · 2023
Wages +5% vs. avg. Muskegon Co. town
Ravenna's ZIP area supports 709 jobs across 76 businesses, with workers earning an average of $53K per year, 5% above the Muskegon County average. The economy is well-diversified (0.94 index), led by construction and retail trade. 93.4% of businesses have fewer than 20 employees, and each business employs an average of 9.3 people. Jobs declined 7.4% from the prior year while business count grew 0%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Muskegon Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
76 businesses by employee count. 93.4% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Medium (20-49)
Economic Densityi
0.46
jobs per resident
9.3
employees per business
County avg: 17.6-47%
$24K
payroll per resident
$491K
payroll per business
Ravenna ZIP Area vs. Avg. Muskegon Co. Towni
All Industries in ZIP Areai
| Sector | Ravenna ZIP | Avg. Muskegon Co. | Spec. |
|---|---|---|---|
| Construction | 17 | 53 | 2.7x |
| Retail Trade | 13 | 110 | 1.0x |
| Other Services | 9 | 77 | 1.0x |
| Manufacturing | 7 | 55 | 1.1x |
| Healthcare | 7 | 85 | 0.7x |
| Food & Accommodation | 7 | 72 | 0.8x |
| Finance & Insurance | 4 | 34 | 1.0x |
| Professional Services | 3 | 46 | 0.6x |