This data is based on ZIP code 28376.
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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Raeford ZIP Area Economy · 2023
Wages +0% vs. avg. Hoke Co. town
Raeford's ZIP area supports 5,928 jobs across 447 businesses, with workers earning an average of $34K per year, 0% above the Hoke County average. The economy is well-diversified (0.89 index), led by retail trade and healthcare. 87.2% of businesses have fewer than 20 employees, and each business employs an average of 13.3 people. Jobs grew 2.5% from the prior year while business count declined 2%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Hoke Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
447 businesses by employee count. 87.2% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Medium (20-49)
Medium (50-99)
Large (100-249)
Major (250-499)
Economic Densityi
1.30
jobs per resident
13.3
employees per business
County avg: 13.3+0%
$44K
payroll per resident
$450K
payroll per business
Raeford ZIP Area vs. Avg. Hoke Co. Towni
All Industries in ZIP Areai
| Sector | Raeford ZIP | Avg. Hoke Co. | Spec. |
|---|---|---|---|
| Retail Trade | 77 | 77 | 1.0x |
| Healthcare | 72 | 72 | 1.0x |
| Other Services | 48 | 48 | 1.0x |
| Construction | 47 | 47 | 1.0x |
| Food & Accommodation | 37 | 37 | 1.0x |
| Professional Services | 31 | 31 | 1.0x |
| Real Estate | 29 | 29 | 1.0x |
| Transportation | 28 | 28 | 1.0x |
| Admin Services | 24 | 24 | 1.0x |
| Finance & Insurance | 16 | 16 | 1.0x |
| Manufacturing | 13 | 13 | 1.0x |
| Wholesale Trade | 9 | 9 | 1.0x |
| Information | 7 | 7 | 1.0x |
| Education | 7 | 7 | 1.0x |
| Arts & Entertainment | 5 | 5 | 1.0x |
| Agriculture | 3 | 3 | 1.0x |