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Places/IA/Franklin
County profile

Franklin

United States · GDP 2024
#2034 of 3,127 US counties by GDPbottom-quartile growthmore diversified than 37% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$789.8M
GDP growth
+0.4%
Jobs tracked
3,139
Employers
285
Avg. wage
$51.8k
Population
9,868
Labor & formation
Unemployment
2.9%
Median HH income
$59.9k±$6.5k
Business applications
78 · 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
Manufacturing37%
Health care21%
Wholesale trade14%
Retail trade13%
Construction9%
Management6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
9,868
residents · 2025 · -1.2% since 2020
Income per capita $65.6k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−210
International migration+187
Natural change−106

GDP trend

2019–2024 · nominal
$584.7M
2019
$563.9M
2020
$730.4M
2021
$844.9M
2022
$786.3M
2023
$789.8M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$124.1k±$15.8k
Median gross rent
$696/mo±$106/mo
Vacancy rate
9.9%±3.2%
Affordability
2.4× wages
Residential permits
3 (0.3/1k pop)
FEMA risk score
21.9
HUD Fair Market Rent (2BR):$919/mo · 2026
TOP PERILS · FEMA NRI
Drought 96Hail 54Cold wave 54
FHFA HOUSE PRICE INDEX · 2016–2025
251
2016
218
2017
245
2018
253
2019
263
2020
276
2021
323
2022
343
2023
348
2024
348
2025

Transport access

BTS · FAA · USACE
Nearest interstate
10.6 km
I-35
Nearest freight rail
2.6 km
UP
Nearest port
173.4 km
AGRI GRAIN MARKETING, MCGREGOR RIVER TERMINAL DOCK
Nearest commercial airport
47.6 km
MASON CITY MUNI
Wage trend
BLS QCEW · 2019–2023
$51.8k
avg. annual pay · +21% since 2019
Similar US counties
nearest by GDP
Paulding$790.0MFaribault$788.4MCrockett$788.4MOgemaw$788.0MNeosho$787.6MMcNairy$786.7M
The read

Franklin's economy produced $789.8M in 2024, growing 0.4% year over year — slower than 78% of 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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