Places/FL/Franklin County, FL
County profile

Franklin County, FL

United States · GDP 2024
#2402 of 3,127 US counties by GDP60th-percentile growthmore diversified than 36% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$505.9M
BEA · 2024
GDP growth (YoY)
+5.2%
BEA · 2024
Jobs tracked
2,315
Census CBP · 2023
Employers
324
Census CBP · 2023
Avg. wage
$41.5k
BLS QCEW · 2023
Population
13,029
Census PEP · 2025
Labor, income & education
Unemployment
5.0%
Median HH income
$64.1k±$6.0k
Bachelor's degree+
27.9%±3.9%
Poverty rate
16.5%±3.6%
Business applications
247 · 2025
Retail establishments
70
54.0/10k pop

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
Food & accommodation30%
Retail trade29%
Health care15%
Construction9%
Real estate8%
Wholesale trade8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
13,029
residents · 2025 · +4.5% since 2020
Income per capita $47.8k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+862
International migration+94
Natural change434

GDP trend

20192024 · nominal
$377.6M
2019
$387.8M
2020
$413.2M
2021
$463.2M
2022
$480.7M
2023
$505.9M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$273.3k±$46.5k
Median gross rent
$1.0k/mo±$168/mo
Vacancy rate
42.2%±2.9%
Affordability
6.6× wages
Residential permits
$24.5M
112 units · 8.6/1k pop
FEMA risk score
46.5
HUD Fair Market Rent (2BR):$1.2k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 90Wildfire 78Coastal flooding 77
FHFA HOUSE PRICE INDEX · 20162025
211
2016
225
2017
235
2018
250
2019
269
2020
308
2021
376
2022
385
2023
414
2024
454
2025
RESIDENTIAL PERMITS · 20212025
-3% since 2021
115
2021
114
2022
109
2023
113
2024
112
2025

Transport access

BTS · FAA · USACE
Nearest interstate
78.3 km
I-10
Nearest freight rail
14.1 km
AN
Nearest port
15.2 km
ST GEORGE SOUND MIDSTREAM
Nearest commercial airport
74.8 km
TALLAHASSEE INTL
Wage trend
BLS QCEW · 20192023
$41.5k
avg. annual pay · +25% since 2019
The read

What is the GDP of Franklin?

Franklin's economy produced $505.9M in 2024, growing 5.2% year over yearfaster than most US counties. Its largest employment sector is food & accommodation.

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.