This data is based on ZIP codes 28097, 28129, 28163, which covers Red Cross and Locust and Oakboro and Stanfield.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP codes 28097, 28129, 28163 area shared across these towns.
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Red Cross ZIP Area Economy · 2023
Wages -9% vs. avg. Stanly Co. town
Red Cross's ZIP area supports 3,902 jobs across 431 businesses, with workers earning an average of $44K per year, 9% below the Stanly County average. The economy is well-diversified (0.86 index), led by construction and other services. 88.6% of businesses have fewer than 20 employees, and each business employs an average of 9.1 people. Jobs grew 4.8% from the prior year while business count grew 0.5%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Stanly Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
431 businesses by employee count. 88.6% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Medium (20-49)
Medium (50-99)
Economic Densityi
2.00+
jobs per resident
Capped: ZIP includes employers outside city limits
9.1
employees per business
County avg: 12.1-25%
$189K
payroll per resident
$397K
payroll per business
Red Cross ZIP Area vs. Avg. Stanly Co. Towni
All Industries in ZIP Areai
| Sector | Red Cross ZIP | Avg. Stanly Co. | Spec. |
|---|---|---|---|
| Construction | 104 | 84 | 1.6x |
| Other Services | 59 | 69 | 1.1x |
| Retail Trade | 52 | 84 | 0.8x |
| Food & Accommodation | 28 | 46 | 0.8x |
| Manufacturing | 26 | 29 | 1.1x |
| Admin Services | 26 | 31 | 1.1x |
| Professional Services | 23 | 38 | 0.8x |
| Healthcare | 21 | 64 | 0.4x |
| Wholesale Trade | 17 | 22 | 1.0x |
| Finance & Insurance | 17 | 25 | 0.9x |
| Transportation | 14 | 19 | 0.9x |
| Real Estate | 10 | 22 | 0.6x |
| Agriculture | 7 | 2 | 4.5x |
| Information | 5 | 5 | 1.3x |
| Education | 3 | 3 | 1.3x |
| Arts & Entertainment | 3 | 7 | 0.5x |