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Places/IN/Franklin
County profile

Franklin

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
GDP growth
+4.8%
Jobs tracked
4,609
Employers
454
Avg. wage
$41.1k
Population
23,286
Labor & formation
Unemployment
3.1%
Median HH income
$78.1k±$10.2k
Business applications
212 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1FCN Banc Corp.Financial Services$38.8M48D

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
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
$535.9M
2019
$522.1M
2020
$605.4M
2021
$697.7M
2022
$738.0M
2023
$773.3M
2024

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
59 (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
194
2016
207
2017
211
2018
221
2019
229
2020
257
2021
291
2022
320
2023
330
2024
373
2025

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 GDP
Archuleta$773.2MMarion$773.6MChippewa$773.8MSherman$774.0MJackson$772.1MFayette$770.4M
The read

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.
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