Places/IL/Franklin County, IL
County profile

Franklin County, IL

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
BEA · 2024
GDP growth (YoY)
+6.5%
BEA · 2024
Jobs tracked
6,940
Census CBP · 2023
Employers
696
Census CBP · 2023
Avg. wage
$44.1k
BLS QCEW · 2023
Population
36,916
Census PEP · 2025
Labor, income & education
Unemployment
5.0%
Median HH income
$56.7k±$3.9k
Bachelor's degree+
15.8%±1.5%
Poverty rate
17.5%±2.2%
Business applications
257 · 2025
Retail establishments
125
33.8/10k 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
Retail trade26%
Health care22%
Food & accommodation20%
Manufacturing13%
Admin & support10%
Other services9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
36,916
residents · 2025 · -2.1% since 2020
Income per capita $51.4k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+221
International migration+47
Natural change1,035

GDP trend

20192024 · 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
$3.8M
19 units · 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 · 20162025
179
2016
189
2017
191
2018
202
2019
200
2020
218
2021
243
2022
244
2023
280
2024
282
2025
RESIDENTIAL PERMITS · 20212025
46% since 2021
13
2021
7
2022
18
2023
15
2024
19
2025

Transport access

BTS · FAA · USACE
Nearest interstate
1.0 km
I-57
Nearest freight rail
0.0 km
CN
Nearest port
51.6 km
Jackson-Union Port District, IL
Nearest commercial airport
27.5 km
VETERANS AIRPORT OF SOUTHERN ILLINOIS
Wage trend
BLS QCEW · 20192023
$44.1k
avg. annual pay · +15% since 2019
The read

What is the GDP of Franklin?

Franklin's economy produced $1.4B in 2024, growing 6.5% year over yearfaster 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.