This data is based on ZIP codes 28041, 28146, which covers Faith and East Spencer and Granite Quarry and Salisbury and Spencer.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP codes 28041, 28146 area shared across these towns.
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Faith ZIP Area Economy · 2023
Wages -18% vs. avg. Rowan Co. town
Faith's ZIP area supports 6,749 jobs across 450 businesses, with workers earning an average of $45K per year, 18% below the Rowan County average. The economy is well-diversified (0.91 index), led by retail trade and construction. 86.4% of businesses have fewer than 20 employees, and each business employs an average of 15.0 people. Jobs grew 2.5% from the prior year while business count grew 3%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Rowan Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
450 businesses by employee count. 86.4% 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
2.00+
jobs per resident
Capped: ZIP includes employers outside city limits
15.0
employees per business
County avg: 16.7-10%
$330K
payroll per resident
$673K
payroll per business
Faith ZIP Area vs. Avg. Rowan Co. Towni
All Industries in ZIP Areai
| Sector | Faith ZIP | Avg. Rowan Co. | Spec. |
|---|---|---|---|
| Retail Trade | 69 | 122 | 1.0x |
| Construction | 62 | 89 | 1.2x |
| Other Services | 58 | 93 | 1.1x |
| Food & Accommodation | 32 | 69 | 0.8x |
| Admin Services | 31 | 46 | 1.1x |
| Professional Services | 30 | 55 | 0.9x |
| Transportation | 28 | 32 | 1.5x |
| Healthcare | 25 | 78 | 0.5x |
| Manufacturing | 24 | 36 | 1.1x |
| Real Estate | 22 | 35 | 1.1x |
| Wholesale Trade | 16 | 32 | 0.8x |
| Finance & Insurance | 16 | 39 | 0.7x |
| Arts & Entertainment | 6 | 12 | 0.8x |
| Utilities | 3 | 3 | 1.7x |
| Information | 3 | 7 | 0.7x |