Places/LA/Franklin Parish, LA
County profile

Franklin Parish, LA

United States · GDP 2024
#2248 of 3,127 US counties by GDPbottom-decile growthmore diversified than 30% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$619.1M
BEA · 2024
GDP growth (YoY)
-5.6%
BEA · 2024
Jobs tracked
3,587
Census CBP · 2023
Employers
408
Census CBP · 2023
Avg. wage
$37.1k
BLS QCEW · 2023
Population
19,002
Census PEP · 2025
Labor, income & education
Unemployment
6.0%
Median HH income
$47.0k±$4.6k
Bachelor's degree+
17.5%±2.5%
Poverty rate
24.1%±4.1%
Business applications
260 · 2025
Retail establishments
76
39.7/10k 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
Health care36%
Retail trade29%
Food & accommodation12%
Other services8%
Finance & insurance7%
Manufacturing7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
19,002
residents · 2025 · -3.6% since 2020
Income per capita $43.0k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration407
International migration+17
Natural change337

GDP trend

20192024 · nominal
$496.0M
2019
$509.6M
2020
$554.2M
2021
$555.6M
2022
$655.5M
2023
$619.1M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$113.0k±$11.8k
Median gross rent
$721/mo±$31/mo
Vacancy rate
15.7%±2.8%
Affordability
3.0× wages
Residential permits
$5.0M
13 units · 0.7/1k pop
FEMA risk score
35.9
HUD Fair Market Rent (2BR):$834/mo · 2026
TOP PERILS · FEMA NRI
Drought 86Heat wave 75Hurricane 74
FHFA HOUSE PRICE INDEX · 20162025
164
2016
161
2017
156
2018
163
2019
165
2020
172
2021
189
2022
171
2023
151
2024
207
2025
RESIDENTIAL PERMITS · 20212025
-24% since 2021
17
2021
13
2022
13
2023
14
2024
13
2025

Transport access

BTS · FAA · USACE
Nearest interstate
35.9 km
I-20
Nearest freight rail
37.4 km
CPKC
Nearest port
33.4 km
LA DEPT OF TRANSP ENTERPRISE-DUTY FERRY, ENTERPRISE LANDING
Nearest commercial airport
54.0 km
MONROE RGNL
Wage trend
BLS QCEW · 20192023
$37.1k
avg. annual pay · +20% since 2019
The read

What is the GDP of Franklin?

Franklin's economy produced $619.1M in 2024, contracting 5.6% year over yearamong the slowest-growing US counties. Its largest employment sector is health care.

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.