County profile
Franklin County, PA
United States · GDP 2024
#509 of 3,127 US counties by GDP62nd-percentile growthmore diversified than 80% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$8.4B
BEA · 2024
GDP growth (YoY)
+5.4%
BEA · 2024
Jobs tracked
52,942
Census CBP · 2023
Employers
3,111
Census CBP · 2023
Avg. wage
$53.2k
BLS QCEW · 2023
Population
160,652
Census PEP · 2025
Labor, income & education
Unemployment
3.5%
Median HH income
$77.0k±$2.0k
Bachelor's degree+
24.7%±1.2%
Poverty rate
8.5%±1.2%
Business applications
1,460 · 2025
Retail establishments
452
28.3/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Franklin Financial Services CorporationFinancial Services———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 care25%
Manufacturing22%
Retail trade20%
Transportation17%
Food & accommodation11%
Other services6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
160,652
residents · 2025 · +3.0% since 2020
Income per capita $60.2k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+3,981
International migration+1,485
Natural change−718
GDP trend
2019–2024 · nominal
$6.5B2019
$6.4B2020
$6.9B2021
$7.6B2022
$8.0B2023
$8.4B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$249.8k±$5.5k
Median gross rent
$1.1k/mo±$32/mo
Vacancy rate
5.4%±0.8%
Affordability
4.7× wages
Residential permits
$233.7M
1,033 units · 6.4/1k pop
FEMA risk score
76.4
HUD Fair Market Rent (2BR):$1.4k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 86Strong wind 83Winter weather 81
FHFA HOUSE PRICE INDEX · 2016–2025
2782016
2852017
2912018
3042019
3122020
3452021
3922022
4202023
4492024
4672025
RESIDENTIAL PERMITS · 2021–2025
↑ 170% since 20213822021
4102022
7372023
6232024
1,0332025
Transport access
BTS · FAA · USACE
Nearest interstate
5.9 km
I-81
Nearest freight rail
4.8 km
Freight rail
Nearest port
92.9 km
LIVERPOOL FERRY LANDING
Nearest commercial airport
24.3 km
HAGERSTOWN RGNL/RICHARD A HENSON FLD
Filing activity
SEC EDGARWage trend
BLS QCEW · 2019–2023$53.2k
avg. annual pay · +19% 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 $8.4B in 2024, growing 5.4% year over year — faster than most 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.