Number of Small Businesses in El Dorado County, CA: 2023 Outlook

According to the latest statistics, there are 22,040 small businesses in El Dorado County, CA. These small businesses make up nearly 99.95 percent of all businesses in the county.
By Neilsberg Research January 24, 2023
The number of small businesses in El Dorado County, CA

As per the U.S. Small Business Administration a small business is defined as one with fewer than 500 employees. To learn more about the trends related to the number of small businesses in El Dorado County, we’ve analyzed all of the most essential data reported by relevant surveys across various departments at the U.S. Census Bureau. 

How many small businesses are there in El Dorado County, CA?

Key small business stats

Our research yielded several striking findings related to the number of small businesses in El Dorado County, CA:

  • According to the 2022 Small Business profile from the Office of Advocacy, U.S. SBA and Statistics of US Businesses, the number of small businesses totaled 22,040 in El Dorado County, CA.
  • The small businesses make up nearly all (99.95 percent) businesses in El Dorado County, CA.
  • Most of El Dorado County’s small businesses are very small as 97.83 percent of all businesses did not have employees or have fewer than 20 employees.
  • As per the Non employer statistics, self-employment in El Dorado County, CA increased by 12.23% over the last 8 years. .  
  • Between 2021 and 2022, the number of small businesses in El Dorado County, CA increased by 5 ( 0.02% ). Overall the number of small businesses marked a a growth of 2,297 ( 11.63% ) between 2014 and 2022.

El Dorado County, CA: Small businesses with no employees

As of Sep 2022, there were 17,425 small businesses with no employees in El Dorado County, CA. Compared to 2014, that is an increase of 1,899 ( 12.23% ) in the number of self employed population in the county.

Most recently, especially after the COVID-19 pandemic, the number of small businesses with no employees decreased by 16 from being 17,441 in 2021.

In the wake of the COVID-19 pandemic, across the United States, we witnessed an ongoing economic trend of the rise of gig economy and the beginning of the great resignation. The biggest impact was found in the economic activity related to the small businesses with no employees.

Its impact in El Dorado County, CA is clearly reflected in the below chart, displaying number of small businesses with no employees between 2016 and 2022 (Exhibit 2).

Exhibit 2
The number of small businesses with no employees in El Dorado County, CA

Below is a table showing the number of businesses with no employees since 2016.

Year Reported Businesses With No Employees
2016 15,627
2017 15,989
2018 16,363
2019 16,779
2020 17,202
2021 17,441
2022 17,425

El Dorado County, CA: Small businesses with less than 20 employees

Between 2014 and 2022, the number of small businesses with less than 20 employees increased by 275 ( 7.10% ). In 2014 the number of businesses were 3,872, which increased to 4,147 in 2022.

Overall most of the small businesses in El Dorado County, CA are very small, and have less then 20 employees. These micro businesses account for nearly 89.65% of the total businesses with employees in the county.

The trend in the number of small businesses with less than 20 employees is visible in the below chart ( Exhibit 3).

Exhibit 3
The number of small businesses with less than 20 employees in El Dorado County, CA


Here is a comprehensive overview of the number of small businesses with less than 20 employees since 2016:

Year Reported Businesses With 1-19 Employees
2016 3,874
2017 3,934
2018 3,927
2019 4,025
2020 4,084
2021 4,140
2022 4,147

El Dorado County, CA: Small businesses with 20 - 99 employees

Of the 3,195 counties reviewed across the United States, the small businesses with 20 - 99 employees was found to be resilient set with respect to the impact of the pandemic. 

In El Dorado County, CA the number of small businesses with 20 - 99 employees increased from being 305 in 2014 to 425 in 2022. In percentage terms the change is an increase of approximately 39.34%.

We have charted the number of small businesses with 20 - 99 employees since 2016 ( Exhibit 4):

Exhibit 4
The number of small businesses with 20 to 99 employees in El Dorado County, CA

Over the last 7 years, the number of small businesses with 20-99 employees is tabulated below:

Year Reported Businesses With 20-99 Employees
2016 315
2017 336
2018 354
2019 357
2020 377
2021 409
2022 425

El Dorado County, CA: Small businesses with 100 - 499 employees

As per the U.S. Small Business Administration, the businesses with 100 - 499 employees are the largest businesses eligible to be classified under the category of being called as a small business. In El Dorado County, CA the number of such businesses changed from 40 in 2014 to 43 in 2022.

An increase in the number of these businesses is a good economic indicator for a county. With an increase of 3 such businesses between 2014 and 2022 shows that this is a great county for business growth.

Full set of data related to the number of small businesses with 100 - 499 employees is shown in the below chart ( Exhibit 5):

Exhibit 5
The number of small businesses with 100 to 499 employees in El Dorado County, CA

You can also find the table below with the number of small businesses with 100 - 499 employees in El Dorado County, CA:

Year Reported Businesses With 100-499 Employees
2016 40
2017 39
2018 43
2019 49
2020 47
2021 45
2022 43

References

Data used for the report on number of small business in the El Dorado County, CA was sourced from the following programs, surveys and reports within the US Census Bureau: 

1) Annual small business profile published by the U.S. Small Business Administration, Office of Advocacy.

2) Nonemployer Statistics, U.S. Census Bureau

3) County Business Patterns, U.S. Census Bureau

4) Statistics of US Businesses, U.S. Census Bureau

Explore related topics

Business and Economy Small Business

Share

This article is for informational purposes only and is not intended to be legal or tax advice. We recommend that you consult with a qualified professional such as a lawyer or accountant before making a decision. Many of the products and services featured here are from our affiliate partners. We may receive commissions on purchases made from our chosen links. Read advertiser disclosure.