This data is based on ZIP codes 28711, 28778, which covers Black Mountain and Chimney Rock Village and Lake Lure and Montreat.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP codes 28711, 28778 area shared across these towns.
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Black Mountain ZIP Area Economy · 2023
Wages -15% vs. avg. Buncombe Co. town
Black Mountain's ZIP area supports 9,286 jobs across 705 businesses, with workers earning an average of $44K per year, 15% below the Buncombe County average. The economy is well-diversified (0.90 index), led by retail trade and construction. 89.6% of businesses have fewer than 20 employees, and each business employs an average of 13.2 people. Jobs grew 9.6% from the prior year while business count grew 4.3%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Buncombe Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
705 businesses by employee count. 89.6% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Medium (20-49)
Medium (50-99)
Large (100-249)
Economic Densityi
1.09
jobs per resident
13.2
employees per business
County avg: 13.4-2%
$48K
payroll per resident
$578K
payroll per business
Black Mountain ZIP Area vs. Avg. Buncombe Co. Towni
All Industries in ZIP Areai
| Sector | Black Mountain ZIP | Avg. Buncombe Co. | Spec. |
|---|---|---|---|
| Retail Trade | 105 | 339 | 1.1x |
| Construction | 86 | 224 | 1.3x |
| Other Services | 78 | 221 | 1.2x |
| Food & Accommodation | 73 | 249 | 1.0x |
| Professional Services | 58 | 281 | 0.7x |
| Healthcare | 58 | 335 | 0.6x |
| Real Estate | 46 | 191 | 0.8x |
| Admin Services | 36 | 129 | 1.0x |
| Manufacturing | 31 | 85 | 1.3x |
| Finance & Insurance | 22 | 114 | 0.7x |
| Wholesale Trade | 18 | 92 | 0.7x |
| Transportation | 17 | 40 | 1.5x |
| Education | 15 | 54 | 1.0x |
| Arts & Entertainment | 15 | 54 | 1.0x |
| Information | 7 | 41 | 0.6x |
| Management | 3 | 7 | 1.5x |