EconPulse

place

Franklin town, North Carolina

NC · population 4,268 · GEOID 3724640

No score yet. It is computed when the file is built.

Unemployment (franklin county) is better than the national figure. Median gross rent is better than the national figure.

U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · ±26 · pulled 2026-10-31

data 2026.10 · built 2026-10-31 · pulled 2026-10-31

Population

4,268

0.04% of North Carolina · 4,268 of 10,730,404

Receipt U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · ±26 · pulled 2026-10-31

Unemployment (Franklin County)

2.8%

−1.2 pts below the United Statesbetter

2024-012026-09

This placeUnited States

Table, 32 periods
Unemployment (Franklin County), against United States
PeriodThis placeUnited StatesMargin
2024-013.4%4.1%—
2024-023.5%4.2%—
2024-033.4%3.9%—
2024-043.0%3.5%—
2024-053.3%3.7%—
2024-063.7%4.3%—
2024-073.6%4.5%—
2024-083.7%4.4%—
2024-093.0%3.9%—
2024-103.0%3.9%—
2024-113.3%4.0%—
2024-123.0%3.8%—
2025-013.5%4.4%—
2025-023.4%4.5%—
2025-033.3%4.2%—
2025-043.0%3.9%—
2025-053.4%4.0%—
2025-063.6%4.4%—
2025-073.7%4.6%—
2025-083.7%4.5%—
2025-093.3%4.3%—
2025-113.5%4.3%—
2025-123.0%4.1%—
2026-013.7%4.7%—
2026-023.4%4.7%—
2026-033.1%4.3%—
2026-043.1%4.0%—
2026-053.3%4.1%—
2026-063.3%4.4%—
2026-073.4%4.4%—
2026-083.3%4.3%—
2026-092.8%4.0%—

Receipt U.S. Bureau of Labor Statistics · Local Area Unemployment Statistics · LAUCN370690000000003 · 2026-09 · pulled 2026-10-31

Median gross rent

$725

better than the United States

This place $725
North Carolina $1,228
United States $1,413

Receipt U.S. Census Bureau · American Community Survey 5-Year · B25064 · 2020-2024 · pulled 2026-10-31

Output (Franklin County)

$2.9B

+9.7% vs 2023

20162024
Table, 9 periods
Output (Franklin County)
PeriodOutput (Franklin County)Margin
2016$1.7B—
2017$1.7B—
2018$1.7B—
2019$1.8B—
2020$2.0B—
2021$2.1B—
2022$2.4B—
2023$2.6B—
2024$2.9B—

North Carolina $844.2B · this place is 0.34% of the state

This measure has no national series.

Receipt U.S. Bureau of Economic Analysis · BEA Regional, CAGDP2 · CAGDP2-1 · 2024 · pulled 2026-10-31

Federal obligations (Franklin County)

$643,496

+94.8% vs FY2025

FY2021FY2026
Table, 6 periods
Federal obligations (Franklin County)
PeriodFederal obligations (Franklin County)Margin
FY2021$169,885—
FY2022$38,645—
FY2023$41,683—
FY2024$58,049—
FY2025$330,319—
FY2026$643,496—

This measure has no state or national series.

Receipt USAspending.gov · Federal award obligations by county · spending_by_geography · FY2026 · pulled 2026-10-31

More about this place

Median age 48.1 U.S. Census Bureau · 2020-2024
Bachelor's degree or higher 25.6% U.S. Census Bureau · 2020-2024
Poverty rate 12.7% U.S. Census Bureau · 2020-2024
Labor force participation 53.3% U.S. Census Bureau · 2020-2024
Median home value $195,000 U.S. Census Bureau · 2020-2024
Median household income $47,888 U.S. Census Bureau · 2020-2024
Unemployment rate, five-year average 2.3% U.S. Census Bureau · 2020-2024
Consumer price index (United States) 336 U.S. Bureau of Labor Statistics · 2026-09-01
30-year fixed mortgage rate (United States) 7.2% Freddie Mac · 2026-10-29
Share of North Carolina 0.04% U.S. Census Bureau · 2020-2024