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Places/MA/Franklin
County profile

Franklin

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
GDP growth
-4.2%
Jobs tracked
19,141
Employers
1,549
Avg. wage
$53.9k
Population
70,698
Labor & formation
Unemployment
3.9%
Median HH income
$74.9k±$3.3k
Business applications
478 · 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
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
$3.0B
2019
$3.2B
2020
$3.3B
2021
$3.4B
2022
$3.9B
2023
$3.7B
2024

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
64 (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
283
2016
294
2017
315
2018
319
2019
334
2020
379
2021
420
2022
465
2023
487
2024
534
2025

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 GDP
Guernsey$3.7BTaney$3.7BMuskogee$3.7BBurke$3.7BHancock$3.7BCerro Gordo$3.7B
The read

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.
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