County profile
Franklin County, AL
United States · GDP 2024
#1608 of 3,127 US counties by GDPtop-quartile growthmore diversified than 1% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$1.3B
BEA · 2024
GDP growth (YoY)
+7.5%
BEA · 2024
Jobs tracked
11,039
Census CBP · 2023
Employers
539
Census CBP · 2023
Avg. wage
$46.2k
BLS QCEW · 2023
Population
32,449
Census PEP · 2025
Labor, income & education
Unemployment
3.8%
Median HH income
$53.3k±$6.1k
Bachelor's degree+
15.8%±2.3%
Poverty rate
19.1%±3.2%
Business applications
271 · 2025
Retail establishments
100
31.1/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
No public companies loaded for this state yet — universe expands with the full ingest.
HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Manufacturing66%
Retail trade10%
Health care9%
Food & accommodation8%
Finance & insurance4%
Admin & support3%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
32,449
residents · 2025 · +1.1% since 2020
Income per capita $44.8k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−383
International migration+896
Natural change−159
GDP trend
2019–2024 · nominal
$1.0B2019
$967.2M2020
$1.1B2021
$1.2B2022
$1.2B2023
$1.3B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$136.0k±$14.4k
Median gross rent
$676/mo±$58/mo
Vacancy rate
14.6%±2.5%
Affordability
2.9× wages
Residential permits
$6.5M
27 units · 0.8/1k pop
FEMA risk score
67.7
HUD Fair Market Rent (2BR):$776/mo · 2026
TOP PERILS · FEMA NRI
Tornado 93Cold wave 84Earthquake 83
FHFA HOUSE PRICE INDEX · 2016–2025
1282016
1342017
1412018
1482019
1512020
1642021
1892022
2172023
2232024
2262025
RESIDENTIAL PERMITS · 2021–2025
↑ 50% since 2021182021
142022
172023
132024
272025
Transport access
BTS · FAA · USACE
Nearest interstate
36.3 km
I-22
Nearest freight rail
8.1 km
Freight rail
Nearest port
32.3 km
VULCAN MATERIALS, PRIDE QUARRY
Nearest commercial airport
39.9 km
NORTHWEST ALABAMA RGNL
Wage trend
BLS QCEW · 2019–2023$46.2k
avg. annual pay · +25% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Franklin?
Franklin's economy produced $1.3B in 2024, growing 7.5% year over year — faster than most US counties. Its largest employment sector is manufacturing.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.