This data is based on ZIP codes 28701, 28804, 28806, which covers Woodfin and Asheville and Weaverville.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP codes 28701, 28804, 28806 area shared across these towns.
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Woodfin ZIP Area Economy · 2023
Wages -8% vs. avg. Buncombe Co. town
Woodfin's ZIP area supports 28,129 jobs across 2,497 businesses, with workers earning an average of $47K per year, 8% below the Buncombe County average. The economy is well-diversified (0.90 index), led by retail trade and healthcare. 87.3% of businesses have fewer than 20 employees, and each business employs an average of 11.3 people. Jobs grew 2.9% from the prior year while business count grew 2.5%.
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
2,497 businesses by employee count. 87.3% 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
2.00+
jobs per resident
Capped: ZIP includes employers outside city limits
11.3
employees per business
County avg: 13.4-16%
$167K
payroll per resident
$531K
payroll per business
Woodfin ZIP Area vs. Avg. Buncombe Co. Towni
All Industries in ZIP Areai
| Sector | Woodfin ZIP | Avg. Buncombe Co. | Spec. |
|---|---|---|---|
| Retail Trade | 346 | 339 | 1.0x |
| Healthcare | 270 | 335 | 0.8x |
| Professional Services | 269 | 281 | 0.9x |
| Construction | 255 | 224 | 1.1x |
| Food & Accommodation | 241 | 249 | 1.0x |
| Other Services | 230 | 221 | 1.0x |
| Real Estate | 191 | 191 | 1.0x |
| Admin Services | 132 | 129 | 1.0x |
| Finance & Insurance | 110 | 114 | 1.0x |
| Wholesale Trade | 98 | 92 | 1.0x |
| Manufacturing | 69 | 85 | 0.8x |
| Education | 65 | 54 | 1.2x |
| Arts & Entertainment | 54 | 54 | 1.0x |
| Information | 45 | 41 | 1.1x |
| Transportation | 39 | 40 | 1.0x |
| Management | 6 | 7 | 0.8x |
| Utilities | 6 | 4 | 1.5x |