This data is based on 24 ZIP codes, which covers Raleigh and Apex and Cary and Clayton and Durham and Fuquay-Varina and Garner and Knightdale and Morrisville and Rolesville and Wake Forest and Wendell.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined 24 ZIP codes area shared across these towns.
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Raleigh ZIP Area Economy · 2023
Wages +1% vs. avg. Wake Co. town
Raleigh's ZIP area supports 511,100 jobs across 27,669 businesses, with workers earning an average of $75K per year, 1% above the Wake County average. The economy is well-diversified (0.86 index), led by professional services and retail trade. 82.5% of businesses have fewer than 20 employees, and each business employs an average of 18.5 people. Jobs grew 5.3% from the prior year while business count grew 1.6%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Wake Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
27,669 businesses by employee count. 82.5% 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)
Major (500-999)
Economic Densityi
1.06
jobs per resident
18.5
employees per business
County avg: 17.2+7%
$79K
payroll per resident
$1.4M
payroll per business
Raleigh ZIP Area vs. Avg. Wake Co. Towni
All Industries in ZIP Areai
| Sector | Raleigh ZIP | Avg. Wake Co. | Spec. |
|---|---|---|---|
| Professional Services | 4,512 | 982 | 1.0x |
| Retail Trade | 3,026 | 639 | 1.0x |
| Healthcare | 2,869 | 596 | 1.0x |
| Construction | 2,619 | 619 | 0.9x |
| Other Services | 2,370 | 506 | 1.0x |
| Food & Accommodation | 2,322 | 500 | 1.0x |
| Real Estate | 1,839 | 387 | 1.0x |
| Admin Services | 1,721 | 380 | 1.0x |
| Finance & Insurance | 1,596 | 299 | 1.1x |
| Wholesale Trade | 1,262 | 271 | 1.0x |
| Transportation | 685 | 156 | 0.9x |
| Information | 581 | 131 | 0.9x |
| Manufacturing | 504 | 122 | 0.9x |
| Education | 467 | 112 | 0.9x |
| Arts & Entertainment | 456 | 98 | 1.0x |
| Management | 285 | 52 | 1.2x |
| Utilities | 54 | 11 | 1.0x |
| Unclassified | 8 | 1 | 1.7x |
| Agriculture | 3 | 1 | 0.6x |