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Places/IL/Franklin
County profile

Franklin

United States · GDP 2024
#1588 of 3,127 US counties by GDP73rd-percentile growthmore diversified than 90% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$1.4B
GDP growth
+6.5%
Jobs tracked
6,940
Employers
696
Avg. wage
$44.1k
Population
36,916
Labor & formation
Unemployment
4.7%
Median HH income
$56.7k±$3.9k
Business applications
257 · 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
Retail trade26%
Health care22%
Food & accommodation20%
Manufacturing13%
Admin & support10%
Other services9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
36,916
residents · 2025 · -2.1% since 2020
Income per capita $51.4k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+221
International migration+47
Natural change−1,035

GDP trend

2019–2024 · nominal
$1.1B
2019
$973.0M
2020
$1.1B
2021
$1.2B
2022
$1.3B
2023
$1.4B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$89.0k±$3.5k
Median gross rent
$803/mo±$51/mo
Vacancy rate
12.6%±1.8%
Affordability
2.0× wages
Residential permits
19 (0.5/1k pop)
FEMA risk score
80.9
HUD Fair Market Rent (2BR):$916/mo · 2026
TOP PERILS · FEMA NRI
Earthquake 95Cold wave 90Strong wind 89
FHFA HOUSE PRICE INDEX · 2016–2025
179
2016
189
2017
191
2018
202
2019
200
2020
218
2021
243
2022
244
2023
280
2024
282
2025
Wage trend
BLS QCEW · 2019–2023
$44.1k
avg. annual pay · +15% since 2019
Similar US counties
nearest by GDP
Perry$1.4BGloucester$1.4BCass$1.4BLumpkin$1.4BYoung$1.4BHardin$1.4B
The read

Franklin's economy produced $1.4B in 2024, growing 6.5% year over year — faster than most US counties. Its largest employment sector is retail trade.

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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