This data is based on ZIP codes 28331, 28342, 28344, which covers Falcon and Godwin and Wade.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP codes 28331, 28342, 28344 area shared across these towns.
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Falcon ZIP Area Economy · 2023
Wages -17% vs. avg. Cumberland Co. town
Falcon's ZIP area supports 291 jobs across 32 businesses, with workers earning an average of $39K per year, 17% below the Cumberland County average. The economy is well-diversified (0.95 index), led by construction and other services. 81.2% of businesses have fewer than 20 employees, and each business employs an average of 9.1 people. Jobs declined 1% from the prior year while business count declined 17.9%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Cumberland Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
32 businesses by employee count. 81.2% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Economic Densityi
1.07
jobs per resident
9.1
employees per business
County avg: 16.4-44%
$42K
payroll per resident
$354K
payroll per business
Falcon ZIP Area vs. Avg. Cumberland Co. Towni
All Industries in ZIP Areai
| Sector | Falcon ZIP | Avg. Cumberland Co. | Spec. |
|---|---|---|---|
| Construction | 8 | 84 | 2.8x |
| Other Services | 7 | 112 | 1.9x |
| Healthcare | 4 | 135 | 0.9x |
| Retail Trade | 3 | 167 | 0.5x |
| Admin Services | 3 | 45 | 2.0x |