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Places/Virginia/Franklin city
County profile

Franklin city

United States · US territory
EA Place Score
——
methodology in progress
GDP
no BEA GDP
GDP growth
1 yr only
Jobs tracked
3,369
Employers
263
Avg. wage
$40.4k
Population
8,478
Labor & formation
Unemployment
4.8%
Median HH income
$63.2k±$6.6k
Business applications
157 · 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 care43%
Retail trade32%
Food & accommodation15%
Finance & insurance4%
Other services4%
Professional services2%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
8,478
residents · 2025 · +4.1% since 2020
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+386
International migration−6
Natural change−55

Real estate & risk

FHFA · ACS · FEMA
Median home value
$256.6k±$27.3k
Median gross rent
$988/mo±$87/mo
Vacancy rate
11.7%±5.9% · low reliability
Affordability
6.4× wages
Residential permits
Census BPS
FEMA risk score
7.5
HUD Fair Market Rent (2BR):$1.1k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 79Winter weather 41Earthquake 37
FHFA HOUSE PRICE INDEX · 2016–2025
191
2016
187
2017
208
2018
200
2019
218
2020
238
2021
272
2022
280
2023
306
2024
301
2025

Transport access

BTS · FAA · USACE
Nearest interstate
46.8 km
I-95
Nearest freight rail
0.3 km
NS
Nearest port
27.1 km
PARKERS FERRY LANDING - SECONDARY ROAD 1306
Nearest commercial airport
64.0 km
NEWPORT NEWS/WILLIAMSBURG INTL
Wage trend
BLS QCEW · 2019–2023
$40.4k
avg. annual pay · +31% since 2019
The read

Franklin city is home to 8,478 residents and 3,369 jobs across 263 employers, led by health care. BEA does not publish state-level GDP for US territories, so no GDP figure is shown.

GDP: BEA (2025), 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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