This data is based on ZIP codes 27203, 27248, 27316, which covers Franklinville and Asheboro and Ramseur.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP codes 27203, 27248, 27316 area shared across these towns.
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Franklinville ZIP Area Economy · 2023
Wages -10% vs. avg. Randolph Co. town
Franklinville's ZIP area supports 16,846 jobs across 998 businesses, with workers earning an average of $42K per year, 10% below the Randolph County average. The economy is well-diversified (0.88 index), led by retail trade and healthcare. 81.4% of businesses have fewer than 20 employees, and each business employs an average of 16.9 people. Jobs declined 4.8% from the prior year while business count grew 1.1%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Randolph Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
998 businesses by employee count. 81.4% 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
16.9
employees per business
County avg: 15.1+12%
$627K
payroll per resident
$711K
payroll per business
Franklinville ZIP Area vs. Avg. Randolph Co. Towni
All Industries in ZIP Areai
| Sector | Franklinville ZIP | Avg. Randolph Co. | Spec. |
|---|---|---|---|
| Retail Trade | 175 | 113 | 1.1x |
| Healthcare | 133 | 57 | 1.7x |
| Food & Accommodation | 127 | 66 | 1.4x |
| Other Services | 103 | 83 | 0.9x |
| Manufacturing | 77 | 80 | 0.7x |
| Construction | 68 | 90 | 0.6x |
| Finance & Insurance | 64 | 33 | 1.4x |
| Professional Services | 60 | 44 | 1.0x |
| Wholesale Trade | 41 | 51 | 0.6x |
| Transportation | 32 | 34 | 0.7x |
| Admin Services | 30 | 36 | 0.6x |
| Real Estate | 29 | 26 | 0.8x |
| Information | 15 | 6 | 1.8x |
| Arts & Entertainment | 12 | 9 | 1.0x |
| Education | 4 | 3 | 1.0x |
| Utilities | 3 | 1 | 2.2x |