This data is based on ZIP codes 28711, 28720, 28746, which covers Lake Lure and Black Mountain and Chimney Rock Village and Montreat.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP codes 28711, 28720, 28746 area shared across these towns.
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Lake Lure ZIP Area Economy · 2023
Wages +2% vs. avg. Rutherford Co. town
Lake Lure's ZIP area supports 7,262 jobs across 554 businesses, with workers earning an average of $42K per year, 2% above the Rutherford County average. The economy is well-diversified (0.91 index), led by retail trade and food & accommodation. 89.5% of businesses have fewer than 20 employees, and each business employs an average of 13.1 people. Jobs grew 9.6% from the prior year while business count grew 3.2%.
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
554 businesses by employee count. 89.5% 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
13.1
employees per business
County avg: 13.7-4%
$199K
payroll per resident
$554K
payroll per business
Lake Lure ZIP Area vs. Avg. Rutherford Co. Towni
All Industries in ZIP Areai
| Sector | Lake Lure ZIP | Avg. Rutherford Co. | Spec. |
|---|---|---|---|
| Retail Trade | 87 | 89 | 0.9x |
| Food & Accommodation | 76 | 52 | 1.4x |
| Other Services | 60 | 74 | 0.8x |
| Construction | 56 | 56 | 0.9x |
| Professional Services | 49 | 36 | 1.3x |
| Healthcare | 44 | 59 | 0.7x |
| Real Estate | 36 | 23 | 1.5x |
| Admin Services | 22 | 25 | 0.8x |
| Finance & Insurance | 20 | 26 | 0.7x |
| Arts & Entertainment | 19 | 8 | 2.2x |
| Manufacturing | 15 | 22 | 0.6x |
| Wholesale Trade | 11 | 17 | 0.6x |
| Transportation | 10 | 11 | 0.8x |
| Education | 10 | 5 | 1.9x |
| Information | 7 | 8 | 0.8x |