County profile
Franklin County, MA
United States · GDP 2024
#862 of 3,127 US counties by GDPbottom-decile growthmore diversified than 89% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$3.7B
BEA · 2024
GDP growth (YoY)
-4.2%
BEA · 2024
Jobs tracked
19,141
Census CBP · 2023
Employers
1,549
Census CBP · 2023
Avg. wage
$53.9k
BLS QCEW · 2023
Population
70,698
Census PEP · 2025
Labor, income & education
Unemployment
3.9%
Median HH income
$74.9k±$3.3k
Bachelor's degree+
40.6%±1.5%
Poverty rate
12.1%±1.3%
Business applications
478 · 2025
Retail establishments
246
34.7/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
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
Retail trade23%
Health care23%
Manufacturing22%
Food & accommodation12%
Education12%
Construction8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
70,698
residents · 2025 · -0.3% since 2020
Income per capita $70.4k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+624
International migration+636
Natural change−1,447
GDP trend
2019–2024 · nominal
$3.0B2019
$3.2B2020
$3.3B2021
$3.4B2022
$3.9B2023
$3.7B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$329.0k±$5.8k
Median gross rent
$1.2k/mo±$47/mo
Vacancy rate
8.6%±1.0%
Affordability
6.1× wages
Residential permits
$23.8M
64 units · 0.9/1k pop
FEMA risk score
60.7
HUD Fair Market Rent (2BR):no HUD FMR published for this area
TOP PERILS · FEMA NRI
Landslide 82Hurricane 79Ice storm 78
FHFA HOUSE PRICE INDEX · 2016–2025
2832016
2942017
3152018
3192019
3342020
3792021
4202022
4652023
4872024
5342025
RESIDENTIAL PERMITS · 2021–2025
↓ -24% since 2021842021
752022
662023
832024
642025
Transport access
BTS · FAA · USACE
Nearest interstate
2.5 km
I-91
Nearest freight rail
0.6 km
PAS
Nearest port
91.8 km
TROY TERMINAL DOCK
Nearest commercial airport
43.5 km
WESTOVER ARB/METRO
Wage trend
BLS QCEW · 2019–2023$53.9k
avg. annual pay · +23% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Franklin?
Franklin's economy produced $3.7B in 2024, contracting 4.2% year over year — slower than 90% of US counties. Its largest employment sector is retail trade.
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.