This data is based on ZIP codes 24609, 24612, 24641.
The U.S. Census reports business data by ZIP code, not city boundaries. Some businesses just outside city limits may be included, and vice versa.
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Richlands ZIP Area Economy · 2023
Wages +6% vs. avg. Tazewell Co. town
Richlands's ZIP area supports 3,883 jobs across 301 businesses, with workers earning an average of $46K per year, 6% above the Tazewell County average. The economy is well-diversified (0.90 index), led by retail trade and healthcare. 86% of businesses have fewer than 20 employees, and each business employs an average of 12.9 people. Jobs grew 3% from the prior year while business count declined 2.3%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Tazewell Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
301 businesses by employee count. 86% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Medium (20-49)
Large (100-249)
Medium (50-99)
Economic Densityi
0.75
jobs per resident
12.9
employees per business
County avg: 12.6+2%
$34K
payroll per resident
$592K
payroll per business
Richlands ZIP Area vs. Avg. Tazewell Co. Towni
All Industries in ZIP Areai
| Sector | Richlands ZIP | Avg. Tazewell Co. | Spec. |
|---|---|---|---|
| Retail Trade | 71 | 39 | 1.2x |
| Healthcare | 40 | 25 | 1.1x |
| Finance & Insurance | 35 | 20 | 1.2x |
| Other Services | 34 | 28 | 0.8x |
| Construction | 26 | 13 | 1.4x |
| Professional Services | 22 | 15 | 1.0x |
| Food & Accommodation | 18 | 15 | 0.8x |
| Real Estate | 14 | 10 | 0.9x |
| Manufacturing | 13 | 10 | 0.9x |
| Wholesale Trade | 12 | 9 | 0.9x |
| Transportation | 9 | 6 | 1.0x |
| Mining | 8 | 3 | 1.8x |
| Admin Services | 8 | 6 | 0.9x |
| Information | 5 | 4 | 0.8x |