County profile
Franklin County, IN
United States · GDP 2024
#2052 of 3,127 US counties by GDP55th-percentile growthmore diversified than 55% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$773.3M
BEA · 2024
GDP growth (YoY)
+4.8%
BEA · 2024
Jobs tracked
4,609
Census CBP · 2023
Employers
454
Census CBP · 2023
Avg. wage
$41.1k
BLS QCEW · 2023
Population
23,286
Census PEP · 2025
Labor, income & education
Unemployment
3.1%
Median HH income
$78.1k±$10.2k
Bachelor's degree+
19.5%±2.6%
Poverty rate
6.9%±1.5%
Business applications
212 · 2025
Retail establishments
63
27.2/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1FCN Banc Corp.Financial Services$38.8M47DHQ-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
Manufacturing27%
Retail trade21%
Food & accommodation20%
Health care19%
Construction7%
Other services6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
23,286
residents · 2025 · +2.2% since 2020
Income per capita $60.7k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+571
International migration+62
Natural change−142
GDP trend
2019–2024 · nominal
$535.9M2019
$522.1M2020
$605.4M2021
$697.7M2022
$738.0M2023
$773.3M2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$249.5k±$18.9k
Median gross rent
$870/mo±$78/mo
Vacancy rate
6.0%±1.9%
Affordability
6.1× wages
Residential permits
$17.0M
59 units · 2.5/1k pop
FEMA risk score
34.2
HUD Fair Market Rent (2BR):$1.1k/mo · 2026
TOP PERILS · FEMA NRI
Landslide 87Tornado 60Strong wind 57
FHFA HOUSE PRICE INDEX · 2016–2025
1942016
2072017
2112018
2212019
2292020
2572021
2912022
3202023
3302024
3732025
RESIDENTIAL PERMITS · 2021–2025
↓ -24% since 2021782021
502022
542023
582024
592025
Transport access
BTS · FAA · USACE
Nearest interstate
14.3 km
I-74
Nearest freight rail
4.0 km
IORY
Nearest port
39.8 km
CHEVRON U.S.A.
Nearest commercial airport
52.9 km
CINCINNATI/NORTHERN KENTUCKY INTL
Wage trend
BLS QCEW · 2019–2023$41.1k
avg. annual pay · +22% 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 $773.3M in 2024, growing 4.8% year over year — about the middle of the pack among 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.