This data is based on ZIP code 48076, which covers Lathrup Village and Southfield.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP code 48076 area shared across these towns.
Showing latest year snapshot. Full economic history and trends available with a paid plan. See products & pricing →
Lathrup Village ZIP Area Economy · 2023
Wages +3% vs. avg. Oakland Co. town
Lathrup Village's ZIP area supports 17,788 jobs across 1,033 businesses, with workers earning an average of $77K per year, 3% above the Oakland County average. The economy is well-diversified (0.88 index), led by professional services and healthcare. 82.6% of businesses have fewer than 20 employees, and each business employs an average of 17.2 people. Jobs declined 2% from the prior year while business count declined 2.4%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Oakland Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
1,033 businesses by employee count. 82.6% are small businesses (under 20 employees).
Small (10-19)
Micro (<5)
Small (5-9)
Medium (20-49)
Medium (50-99)
Large (100-249)
Major (250-499)
Major (500-999)
Economic Densityi
2.00+
jobs per resident
Capped: ZIP includes employers outside city limits
17.2
employees per business
County avg: 20.4-15%
$338K
payroll per resident
$1.3M
payroll per business
Lathrup Village ZIP Area vs. Avg. Oakland Co. Towni
All Industries in ZIP Areai
| Sector | Lathrup Village ZIP | Avg. Oakland Co. | Spec. |
|---|---|---|---|
| Professional Services | 195 | 244 | 1.1x |
| Healthcare | 184 | 208 | 1.2x |
| Retail Trade | 103 | 160 | 0.9x |
| Finance & Insurance | 88 | 98 | 1.3x |
| Admin Services | 86 | 95 | 1.3x |
| Food & Accommodation | 71 | 112 | 0.9x |
| Other Services | 68 | 108 | 0.9x |
| Real Estate | 59 | 66 | 1.2x |
| Wholesale Trade | 38 | 82 | 0.6x |
| Construction | 29 | 92 | 0.4x |
| Information | 29 | 30 | 1.4x |
| Transportation | 24 | 25 | 1.3x |
| Management | 19 | 18 | 1.5x |
| Education | 19 | 18 | 1.5x |
| Manufacturing | 10 | 65 | 0.2x |
| Arts & Entertainment | 9 | 22 | 0.6x |