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Places/TN/Franklin
County profile

Franklin

United States · GDP 2024
#1355 of 3,127 US counties by GDPtop-quartile growthmore diversified than 46% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$1.8B
GDP growth
+6.7%
Jobs tracked
12,798
Employers
747
Avg. wage
$50.0k
Population
45,579
Labor & formation
Unemployment
3.2%
Median HH income
$63.5k±$4.2k
Business applications
390 · 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
Manufacturing32%
Education16%
Retail trade15%
Health care14%
Professional services13%
Food & accommodation10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
45,579
residents · 2025 · +6.4% since 2020
Income per capita $53.2k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+3,260
International migration+315
Natural change−916

GDP trend

2019–2024 · nominal
$1.2B
2019
$1.2B
2020
$1.4B
2021
$1.6B
2022
$1.7B
2023
$1.8B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$236.9k±$8.0k
Median gross rent
$894/mo±$39/mo
Vacancy rate
13.3%±1.8%
Affordability
4.7× wages
Residential permits
323 (7.1/1k pop)
FEMA risk score
57.5
HUD Fair Market Rent (2BR):$980/mo · 2026
TOP PERILS · FEMA NRI
Earthquake 81Cold wave 80Tornado 77
FHFA HOUSE PRICE INDEX · 2016–2025
220
2016
236
2017
247
2018
262
2019
274
2020
325
2021
395
2022
427
2023
455
2024
480
2025

Transport access

BTS · FAA · USACE
Nearest interstate
21.7 km
I-24
Nearest freight rail
5.5 km
CSXT
Nearest port
40.9 km
UNITED STATES GYPSUM BRIDGEPORT AL
Nearest commercial airport
82.0 km
LOVELL FLD
Wage trend
BLS QCEW · 2019–2023
$50.0k
avg. annual pay · +28% since 2019
Similar US counties
nearest by GDP
Miller$1.8BElk$1.8BMonroe$1.8BCarroll$1.8BCumberland$1.8BCarroll$1.8B
The read

Franklin's economy produced $1.8B in 2024, growing 6.7% year over year — faster than most 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.
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