Places/IA/Franklin County, IA
County profile

Franklin County, IA

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
BEA · 2024
GDP growth (YoY)
+0.4%
BEA · 2024
Jobs tracked
3,139
Census CBP · 2023
Employers
285
Census CBP · 2023
Avg. wage
$51.8k
BLS QCEW · 2023
Population
9,868
Census PEP · 2025
Labor, income & education
Unemployment
3.5%
Median HH income
$59.9k±$6.5k
Bachelor's degree+
19.4%±2.5%
Poverty rate
13.6%±3.2%
Business applications
78 · 2025
Retail establishments
32
32.1/10k 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
Manufacturing37%
Health care21%
Wholesale trade14%
Retail trade13%
Construction9%
Management6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
9,868
residents · 2025 · -1.2% since 2020
Income per capita $65.6k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration210
International migration+187
Natural change106

GDP trend

20192024 · 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
$1.2M
3 units · 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 · 20162025
251
2016
218
2017
245
2018
253
2019
263
2020
276
2021
323
2022
343
2023
348
2024
348
2025
RESIDENTIAL PERMITS · 20212025
50% since 2021
2
2021
5
2022
3
2023
5
2024
3
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 · 20192023
$51.8k
avg. annual pay · +21% since 2019
The read

What is the GDP of Franklin?

Franklin's economy produced $789.8M in 2024, growing 0.4% year over yearslower 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.