Places/KY/Franklin County, KY
County profile

Franklin County, KY

United States · GDP 2024
#749 of 3,127 US counties by GDPtop-quartile growthmore diversified than 85% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$4.6B
BEA · 2024
GDP growth (YoY)
+7.0%
BEA · 2024
Jobs tracked
16,897
Census CBP · 2023
Employers
1,278
Census CBP · 2023
Avg. wage
$57.8k
BLS QCEW · 2023
Population
52,649
Census PEP · 2025
Labor, income & education
Unemployment
4.9%
Median HH income
$65.3k±$5.2k
Bachelor's degree+
31.9%±2.2%
Poverty rate
13.6%±1.7%
Business applications
759 · 2025
Retail establishments
197
37.6/10k 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
Manufacturing25%
Health care20%
Retail trade20%
Food & accommodation19%
Other services9%
Finance & insurance8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
52,649
residents · 2025 · +2.0% since 2020
Income per capita $55.9k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+1,431
International migration+492
Natural change866

GDP trend

20192024 · nominal
$3.2B
2019
$3.3B
2020
$3.5B
2021
$3.8B
2022
$4.3B
2023
$4.6B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$216.6k±$8.2k
Median gross rent
$967/mo±$40/mo
Vacancy rate
6.0%±1.5%
Affordability
3.8× wages
Residential permits
$26.3M
96 units · 1.8/1k pop
FEMA risk score
64.5
HUD Fair Market Rent (2BR):$1.1k/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 93Tornado 85Ice storm 68
FHFA HOUSE PRICE INDEX · 20162025
234
2016
237
2017
249
2018
261
2019
275
2020
303
2021
351
2022
373
2023
418
2024
425
2025
RESIDENTIAL PERMITS · 20212025
-16% since 2021
114
2021
109
2022
102
2023
123
2024
96
2025

Transport access

BTS · FAA · USACE
Nearest interstate
8.4 km
I-64
Nearest freight rail
3.3 km
RJCC
Nearest port
55.8 km
BRISTOL STEEL AND IRON WORKS CARROLLTON KY
Nearest commercial airport
32.5 km
BLUE GRASS
Wage trend
BLS QCEW · 20192023
$57.8k
avg. annual pay · +29% since 2019
The read

What is the GDP of Franklin?

Franklin's economy produced $4.6B in 2024, growing 7.0% year over yearfaster than most 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.