This data is based on ZIP codes 14802, 14803.
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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Alfred ZIP Area Economy · 2023
Wages -36% vs. avg. Allegany Co. town
Alfred's ZIP area supports 2,164 jobs across 59 businesses, with workers earning an average of $27K per year, 36% below the Allegany County average. The economy is well-diversified (0.94 index), led by retail trade and food & accommodation. 91.5% of businesses have fewer than 20 employees, and each business employs an average of 36.7 people. Jobs grew 15.4% from the prior year while business count grew 7.3%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Allegany Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
59 businesses by employee count. 91.5% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Economic Densityi
0.45
jobs per resident
36.7
employees per business
County avg: 14.1+159%
$12K
payroll per resident
$991K
payroll per business
Alfred ZIP Area vs. Avg. Allegany Co. Towni
All Industries in ZIP Areai
| Sector | Alfred ZIP | Avg. Allegany Co. | Spec. |
|---|---|---|---|
| Retail Trade | 11 | 15 | 1.0x |
| Food & Accommodation | 9 | 10 | 1.2x |
| Healthcare | 6 | 12 | 0.7x |
| Professional Services | 4 | 5 | 1.1x |
| Construction | 4 | 6 | 0.9x |
| Information | 3 | 2 | 2.0x |