County profile
Franklin County, NC
United States · GDP 2024
#1006 of 3,127 US counties by GDPtop-decile growthmore diversified than 28% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$2.9B
BEA · 2024
GDP growth (YoY)
+9.7%
BEA · 2024
Jobs tracked
12,194
Census CBP · 2023
Employers
1,228
Census CBP · 2023
Avg. wage
$53.5k
BLS QCEW · 2023
Population
82,037
Census PEP · 2025
Labor, income & education
Unemployment
3.3%
Median HH income
$74.2k±$3.6k
Bachelor's degree+
27.0%±1.9%
Poverty rate
11.1%±1.8%
Business applications
1,218 · 2025
Retail establishments
147
18.4/10k 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
Manufacturing42%
Retail trade16%
Construction15%
Food & accommodation11%
Health care9%
Wholesale trade6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
82,037
residents · 2025 · +18.8% since 2020
Income per capita $52.1k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+11,499
International migration+870
Natural change+584
GDP trend
2019–2024 · nominal
$1.8B2019
$2.0B2020
$2.1B2021
$2.4B2022
$2.6B2023
$2.9B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$284.3k±$14.0k
Median gross rent
$1.1k/mo±$36/mo
Vacancy rate
10.2%±1.7%
Affordability
5.3× wages
Residential permits
$217.6M
735 units · 9.0/1k pop
FEMA risk score
51.7
HUD Fair Market Rent (2BR):$1.8k/mo · 2026
TOP PERILS · FEMA NRI
Winter weather 88Drought 78Hurricane 75
FHFA HOUSE PRICE INDEX · 2016–2025
2042016
2202017
2322018
2492019
2602020
2982021
3652022
3952023
4052024
4132025
RESIDENTIAL PERMITS · 2021–2025
↓ -36% since 20211,1412021
9452022
8432023
9482024
7352025
Transport access
BTS · FAA · USACE
Nearest interstate
30.8 km
I-85
Nearest freight rail
15.5 km
CSXT
Nearest port
114.5 km
WELLS OATES LUMBER CO
Nearest commercial airport
43.4 km
ROCKY MOUNT/WILSON RGNL
Wage trend
BLS QCEW · 2019–2023$53.5k
avg. annual pay · +22% 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 $2.9B in 2024, growing 9.7% year over year — faster than 90% of 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.