This data is based on ZIP codes 28018, 28043, which covers Bostic and Forest City and Spindale.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP codes 28018, 28043 area shared across these towns.
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Bostic ZIP Area Economy · 2023
Wages -8% vs. avg. Rutherford Co. town
Bostic's ZIP area supports 8,444 jobs across 573 businesses, with workers earning an average of $38K per year, 8% below the Rutherford County average. The economy is well-diversified (0.88 index), led by retail trade and other services. 85.3% of businesses have fewer than 20 employees, and each business employs an average of 14.7 people. Jobs grew 9.1% from the prior year while business count grew 2.1%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Rutherford Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
573 businesses by employee count. 85.3% 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
14.7
employees per business
County avg: 13.7+8%
$740K
payroll per resident
$559K
payroll per business
Bostic ZIP Area vs. Avg. Rutherford Co. Towni
All Industries in ZIP Areai
| Sector | Bostic ZIP | Avg. Rutherford Co. | Spec. |
|---|---|---|---|
| Retail Trade | 119 | 89 | 1.2x |
| Other Services | 78 | 74 | 1.0x |
| Healthcare | 73 | 59 | 1.1x |
| Food & Accommodation | 56 | 52 | 1.0x |
| Construction | 51 | 56 | 0.8x |
| Finance & Insurance | 33 | 26 | 1.1x |
| Professional Services | 27 | 36 | 0.7x |
| Admin Services | 24 | 25 | 0.9x |
| Manufacturing | 21 | 22 | 0.9x |
| Real Estate | 19 | 23 | 0.7x |
| Wholesale Trade | 17 | 17 | 0.9x |
| Information | 13 | 8 | 1.5x |
| Transportation | 12 | 11 | 1.0x |
| Arts & Entertainment | 5 | 8 | 0.6x |
| Education | 3 | 5 | 0.5x |