Franklin County, Arkansas: commercial real estate data.
Franklin County, Arkansas has a population of 17,326 across 609 square miles, up 2.8 percent since the 2020 census base. County output reached $688.9 m in 2024, 309 establishments operate here, and the SBA record carries 9 7(a) approvals worth $14.0 m.
107 sourced county values · tier FULL · 11 sections
Franklin County
How many people live in Franklin County
- Population17,326
- Households7,048
- Average household size2.46
- Median household income$55,886
- Median age42.3
- Median gross rent$719 per month
- Median owner-occupied home value$130,800
- Home value to household income2.3 times
- Annual rent as a share of median income15.4 percent
- Adults 25 and over with a bachelor degree or higher14.5 percent
- Adults 25 and over with a graduate degree4.9 percent
- Adults 25 and over12,200
- Population under 183,871
- Share under 1822.3 percent
- Population 65 and over3,583
- Share 65 and over20.7 percent
- Working age population, 18 to 649,872
- Civilian labor force7,508
- Unemployment rate4.9 percent
- Labor force participation, adults 18 and over55.8 percent
- Rank by population among Arkansas counties41st of 75
- Rank by population among US county-equivalents2018th
Franklin County is the 41st largest of 75 Arkansas counties by population. A median home costs 2.3 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 22.3 percent against 20.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Franklin County
Is Franklin County growing
- Population change since the 2020 census base2.82 percent
- Census 2020 base population17,104
- Births, 2024188
- Deaths, 2024292
- Natural change, 2024-104
- Net domestic migration, 2024221
- Net international migration, 2024-1
- Total net migration, 2024220
- Cumulative net domestic migration, 2021 to 2024780
- Rank by growth among US county-equivalents917th
The county has grown 2.82 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Franklin County
Where people moving to Franklin County come from
- Tax returns filed by households arriving507
- People arriving, from those returns1,046
- Adjusted gross income arriving$23.8 m
- Net adjusted gross income movement$0
- Average income of an arriving household$46,978
- Largest single originFranklin County Non-migrants (5,409 households)
- Largest single destination (5,409 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Franklin County Non-migrants | 5,409 | 12,012 | $319.0 m |
| Other flows - Different State | 160 | 338 | $8.6 m |
| Sebastian County | 85 | 175 | $3.8 m |
| Other flows - Same State | 83 | 159 | $3.2 m |
| Other flows - South | 80 | 181 | $3.9 m |
| Other flows - West | 58 | 114 | $3.6 m |
| Crawford County | 57 | 126 | $3.0 m |
| Johnson County | 54 | 112 | $2.7 m |
The largest single source of arrivals is Franklin County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Franklin County
What the Franklin County economy runs on
- County GDP, 2024$688.9 m
- County GDP, 2023$579.5 m
- GDP change, 2023 to 202418.9 percent
- GDP change over five years51.2 percent
- Rank by GDP among Arkansas counties47th
- Rank by GDP among US county-equivalents2157th
- GDP per resident$39,764
Output grew 18.9 percent in the latest year and 51.2 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Franklin County
Who employs people in Franklin County
- Covered employment, annual average4,972
- Establishments reporting394
- Average annual pay$44,454
- Average weekly wage$855
- Sector 31-33, employment1,029
- Sector 31-33, average annual pay$47,658
- Sector 44-45, employment738
- Sector 44-45, average annual pay$28,761
- Sector 62, employment502
- Sector 62, average annual pay$41,369
- Sector 22, employment227
- Sector 22, average annual pay$89,248
- Sector 23, employment189
- Sector 48-49, employment88
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 1,029 | 15 | $47,658 |
| Sector 44-45 | 738 | 54 | $28,761 |
| Sector 62 | 502 | 54 | $41,369 |
| Sector 22 | 227 | 6 | $89,248 |
| Sector 23 | 189 | 40 | $46,229 |
| Sector 48-49 | 88 | 17 | $46,483 |
| Sector 52 | 87 | 27 | $49,998 |
| Sector 11 | 73 | 14 | $84,681 |
The largest sector is the biggest private employer group at 1,029 jobs, 20.7 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Franklin County
What businesses operate in Franklin County
- Establishments, all industries309
- Employment at those establishments4,429
- Annual payroll$215.9 m
- Establishments per 1,000 residents17.8
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Franklin County
What is being built in Franklin County
- Housing units authorised by permit, 202416
- Declared construction value permitted$3.5 m
- Single family units authorised16
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$218,644
- Units authorised per 1,000 households2.3
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Franklin County
How much SBA lending happens in Franklin County
- 7(a) approvals recorded9
- 7(a) gross approval dollars$14.0 m
- Average 7(a) approval$1,559,378
- Median 7(a) approval$1,299,000
- 10th percentile approval$20,000
- 90th percentile approval$4,355,200
- Largest single approval$4,355,200
- Jobs reported supported, 7(a)32
- Jobs per approval3.6
- Distinct 7(a) lenders active6
- Distinct industries receiving approvals5
- Median 7(a) term240 months
- Share of loans on real estate terms, 240 months or longer55.6 percent
- Loans on real estate terms5
- Loans on working capital terms, 120 months or shorter2
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countChicken Egg Production (3)
- Most active lenderSouthern Bancorp Bank (4)
The average approval of $1,559,378 sits close to the median of $1,299,000, so lending here is fairly evenly sized rather than driven by a few large deals. 55.6 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Franklin County
Do SBA loans in Franklin County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure7
- Status: Committed, not yet disbursed2
Too few loans have reached a final outcome to publish a charge off rate. only 0 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Franklin County
Which parts of Franklin County get the lending
- Places in the county with recorded lending4
- CHARLESTON, approvals5
- Ozark, approvals2
- BRANCH, approvals1
- MULBERRY, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| CHARLESTON | 5 | $7,833,200 |
| Ozark | 2 | $4,481,200 |
| BRANCH | 1 | $720,000 |
| MULBERRY | 1 | $1,000,000 |
CHARLESTON accounts for 5 approvals against 2 in Ozark. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Franklin County
How big is Franklin County
- Land area609 sq mi
- Rank by land area among Arkansas counties52nd of 75
- Width, east to west21.8 mi
- Height, north to south38.7 mi
- Geographies sharing a boundary5
- Residents per square mile of land28
- Establishments per square mile0.51
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Franklin County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Franklin County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population17,326
- Households7,048
- Average household size2.46
- Median household income$55,886
- Median age42.3
Common questions
Franklin County questions, answered from the record.
How many people live in Franklin County, Arkansas?
17,326, in 7,048 households, ranking 41st of 75 Arkansas counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Franklin County growing?
The population has grown 2.82 percent since the 2020 census base. In 2024 there were 188 births against 292 deaths, with net migration of 220. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Franklin County?
$55,886. The median owner-occupied home is valued at $130,800, which is 2.3 times income, and median gross rent is $719 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Franklin County?
309 establishments, employing 4,429 people with an annual payroll of $215.9 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Franklin County?
Average annual pay is $44,454, or $855 a week, across 4,972 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Franklin County?
9 7(a) approvals totalling $14.0 m since FY2020, across 6 lenders, with a median approval of $1,299,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Franklin County?
16 housing units were authorised by permit in 2024, with a declared construction value of $3.5 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Franklin County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Franklin County come from?
The largest single origin is Franklin County Non-migrants, with 5,409 households. Arriving households report an average income of $46,978 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Franklin County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Franklin County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.