Local economy in Postal Code 98547
Thuringia
Postal Code 98547 - Thuringia
| Businesses | 931 |
| Estimated total revenue | ~€45.2M |
| Median revenue per business | ~€84.3K |
| Estimated jobs | 848 |
| Estimated payroll | ~€27.9M |
median from the 314 of 931 businesses with estimates Estimate based on moderate signals
Map of Postal Code 98547 - Thuringia
Interactive Map
How 98547 compares
| 98547 | City | Germany | |
|---|---|---|---|
| Businesses | 931 | 49,057 | 20,456,781 |
| With revenue estimates | 314 | 32,124 | 7,252,205 |
| Total revenue | ~€45.2M | ~€3.4B | ~€1.6T |
| Mean | ~€144.0K | ~€106.6K | ~€219.7K |
| Median | ~€84.3K | ~€62.8K 1.3× | ~€94.7K 0.9× |
| Jobs | 848 | 73,168 | 25,456,122 |
| Estimated payroll | ~€27.9M | ~€2.3B | ~€805.5B |
Multipliers show 98547 relative to each column. median from the 314 of 931 businesses with estimates Estimate based on moderate signals
Industry breakdown in Postal Code 98547 - Thuringia
| Industries | Businesses | Total revenue | Median | Jobs |
|---|---|---|---|---|
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 109 | ~€17.0M | ~€100.7K | 209 |
| Construction | 67 | ~€4.8M | ~€137.7K | 83 |
| Professional, scientific and technical activities | 41 | ~€2.1M | ~€65.6K | 51 |
| Accommodation and food service activities | 38 | ~€2.0M | ~€64.3K | 53 |
| Public administration and defence; compulsory social security | 17 | ~€2.0M | ~€172.7K | 28 |
| Manufacturing | 21 | ~€1.9M | ~€164.9K | 38 |
| Other service activities | 44 | ~€1.7M | ~€76.7K | 50 |
| Arts, entertainment and recreation | 31 | ~€1.6M | ~€57.9K | 52 |
| Human health and social work activities | 16 | ~€1.6M | ~€111.4K | 43 |
| Education | 14 | ~€1.4M | ~€92.5K | 43 |
| Transportation and storage | 16 | ~€1.3M | ~€139.8K | 27 |
| Financial and insurance activities | 17 | ~€1.2M | ~€209.4K | 19 |
| Administrative and support service activities | 13 | ~€815.4K | ~€115.1K | 16 |
| Agriculture, forestry and fishing | 8 | ~€528.3K | ~€84.6K | 13 |
| Electricity, gas, steam and air conditioning supply | 1 | — | — | 6 |
| Real estate activities | 6 | — | — | 6 |
| Water supply; sewerage, waste management and remediation activities | 1 | — | — | 5 |
| Mining and quarrying | 1 | — | — | 1 |
Industry groups in Postal Code 98547 - Thuringia
| Industries | Businesses | Total revenue | Median | Jobs |
|---|---|---|---|---|
| Wholesalers | 14 | ~€8.7M | ~€229.5K | 59 |
| Shopping | 40 | ~€4.8M | ~€75.1K | 96 |
| Construction | 21 | ~€4.6M | ~€130.3K | 74 |
| Government agencies | 11 | ~€2.3M | ~€192.4K | 32 |
| All food and beverage | 15 | ~€1.5M | ~€65.4K | 42 |
| Health and medical | 11 | ~€1.5M | ~€97.5K | 38 |
| Education | 11 | ~€1.3M | ~€97.0K | 40 |
| Sports and recreation | 19 | ~€1.3M | ~€57.9K | 42 |
| Personal services | 11 | ~€947.9K | ~€64.8K | 31 |
| Automotive | 10 | ~€867.6K | ~€84.9K | 19 |
| Travel and transportation | 11 | ~€788.0K | ~€65.8K | 19 |
Estimate based on moderate signals
Significant categories in Postal Code 98547 - Thuringia
| Industries | Businesses | Total revenue | Median | Jobs |
|---|---|---|---|---|
| Restaurants | 17 | ~€1.1M | ~€79.2K | 31 |
Estimate based on moderate signals
Postal Code 98547 - Thuringia — Revenue trend
Median business revenue by year
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Median revenue per business | ~€64.3K | ~€64.0K | ~€67.3K | ~€74.5K | ~€83.7K | ~€84.0K |
Revenue modeled for the same 314 businesses across all years. Estimate based on moderate signals
Largest businesses by estimated revenue
- Gebrüder Recknagel Präzisionsstahl GmbH — Christes · ~€4.8M
- Stefan Diller - Gerüstbau — Schwarza · ~€1.1M
- Brennholz Meiningen — Schwarza · ~€1.1M
- KFZ-Meisterbetrieb + Baggervermietung Wagner Schwarza — Schwarza · ~€712.3K
- ZACKDICH – Bautischlerei — Viernau · ~€654.8K
Government statistics for 98547
Schmalkalden-Meiningen — Thüringen
| Schmalkalden-Meiningen | Germany | |
|---|---|---|
| Population (2023) | 123,939 | 83,577,140 |
| Population density (2022) | 102.2 | 236.4 |
| Median Age (2023) | 51.9 | 45.5 |
| Life expectancy (2024) | 80.7 | 81.2 |
| Household income per capita (2023) | €25,200 | €28,200 |
| GDP per capita (2024) | €37,100 | €51,800 |
| Unemployment rate (2025) | 3.7% | 3.8% |
| Employment rate (2025) | 81.3% | 81.1% |
Source: Eurostat
Schmalkalden-Meiningen — Income and GDP trend
Household income and GDP per capita by year
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Household income per capita | €18.0K | €18.5K | €19.3K | €20.2K | €20.8K | €21.3K | €22.0K | €23.9K | €25.2K | — |
| GDP per capita | €27.0K | €27.8K | €28.9K | €29.5K | €30.5K | €30.2K | €31.8K | €34.1K | €36.4K | €37.1K |
Source: Eurostat