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Places/KY/Franklin
County profile

Franklin

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
GDP growth
+7.0%
Jobs tracked
16,897
Employers
1,278
Avg. wage
$57.8k
Population
52,649
Labor & formation
Unemployment
4.1%
Median HH income
$65.3k±$5.2k
Business applications
759 · 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
Manufacturing25%
Health care20%
Retail trade20%
Food & accommodation19%
Other services9%
Finance & insurance8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
52,649
residents · 2025 · +2.0% since 2020
Income per capita $55.9k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+1,431
International migration+492
Natural change−866

GDP trend

2019–2024 · 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
96 (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 · 2016–2025
234
2016
237
2017
249
2018
261
2019
275
2020
303
2021
351
2022
373
2023
418
2024
425
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 · 2019–2023
$57.8k
avg. annual pay · +29% since 2019
Similar US counties
nearest by GDP
Walla Walla$4.6BNewton$4.6BUmatilla$4.6BRaleigh$4.5BGreene$4.6BWashington + Bristol$4.5B
The read

Franklin's economy produced $4.6B in 2024, growing 7.0% year over year — faster 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.
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