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Places/TX/Franklin
County profile

Franklin

United States · GDP 2024
#2202 of 3,127 US counties by GDPtop-quartile growthmore diversified than 1% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$657.9M
GDP growth
+8.6%
Jobs tracked
6,208
Employers
189
Avg. wage
$50.2k
Population
10,994
Labor & formation
Unemployment
3.6%
Median HH income
$72.4k±$6.7k
Business applications
103 · 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
Health care63%
Transportation21%
Retail trade6%
Food & accommodation5%
Other services2%
Construction2%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
10,994
residents · 2025 · +6.0% since 2020
Income per capita $61.6k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+686
International migration+165
Natural change−233

GDP trend

2019–2024 · nominal
$389.6M
2019
$378.5M
2020
$457.1M
2021
$597.1M
2022
$605.9M
2023
$657.9M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$226.3k±$31.8k
Median gross rent
$936/mo±$71/mo
Vacancy rate
23.9%±4.1%
Affordability
4.5× wages
Residential permits
0 (0.0/1k pop)
FEMA risk score
24.8
HUD Fair Market Rent (2BR):$1.1k/mo · 2026
TOP PERILS · FEMA NRI
Ice storm 89Tornado 72Hail 68
FHFA HOUSE PRICE INDEX · 2016–2025
164
2016
174
2017
189
2018
204
2019
199
2020
244
2021
277
2022
339
2023
346
2024
347
2025

Transport access

BTS · FAA · USACE
Nearest interstate
1.3 km
I-30
Nearest freight rail
1.0 km
NETC
Nearest port
174.3 km
RED RIVER TERMINALS CADDO/BOSSIER PORT COMMISSION
Nearest commercial airport
92.9 km
TYLER POUNDS RGNL
Wage trend
BLS QCEW · 2019–2023
$50.2k
avg. annual pay · +16% since 2019
Similar US counties
nearest by GDP
Sherman$657.9MBoundary$658.7MEarly$656.7MPierce$659.2MClear Creek$656.4MJasper$656.1M
The read

Franklin's economy produced $657.9M in 2024, growing 8.6% 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.
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