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Places/AL/Franklin
County profile

Franklin

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
GDP growth
+7.5%
Jobs tracked
11,039
Employers
539
Avg. wage
$46.2k
Population
32,449
Labor & formation
Unemployment
3.1%
Median HH income
$53.3k±$6.1k
Business applications
271 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

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
$1.0B
2019
$967.2M
2020
$1.1B
2021
$1.2B
2022
$1.2B
2023
$1.3B
2024

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
27 (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
128
2016
134
2017
141
2018
148
2019
151
2020
164
2021
189
2022
217
2023
223
2024
226
2025

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 GDP
Delaware$1.3BUnion$1.3BYadkin$1.3BYates$1.3BWhite Pine$1.3BHaywood$1.3B
The read

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.
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