Franklin County, Idaho: commercial real estate data.
Franklin County, Idaho has a population of 15,056 across 664 square miles, up 10.2 percent since the 2020 census base. County output reached $635.1 m in 2024, 372 establishments operate here, and the SBA record carries 21 7(a) approvals worth $6.2 m.
118 sourced county values · tier FULL · 11 sections
Franklin County
How many people live in Franklin County
- Population15,056
- Households4,932
- Average household size3.05
- Median household income$71,950
- Median age33.3
- Median gross rent$894 per month
- Median owner-occupied home value$372,600
- Home value to household income5.2 times
- Annual rent as a share of median income14.9 percent
- Adults 25 and over with a bachelor degree or higher23.9 percent
- Adults 25 and over with a graduate degree7.1 percent
- Adults 25 and over9,093
- Population under 184,593
- Share under 1830.5 percent
- Population 65 and over2,249
- Share 65 and over14.9 percent
- Working age population, 18 to 648,214
- Civilian labor force7,219
- Unemployment rate2.4 percent
- Labor force participation, adults 18 and over69.0 percent
- Rank by population among Idaho counties22nd of 44
- Rank by population among US county-equivalents2159th
Franklin County is the 22nd largest of 44 Idaho counties by population. A median home costs 5.2 times median household income, which is a stretched ownership market and usually shows up as rental demand. Residents under 18 outnumber those 65 and over, at 30.5 percent against 14.9 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 base10.17 percent
- Census 2020 base population14,194
- Births, 2024230
- Deaths, 2024145
- Natural change, 202485
- Net domestic migration, 202428
- Net international migration, 202411
- Total net migration, 202439
- Cumulative net domestic migration, 2021 to 2024946
- Rank by growth among US county-equivalents142nd
The county has grown 10.17 percent since the 2020 census base.
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 arriving376
- People arriving, from those returns924
- Adjusted gross income arriving$28.0 m
- Net adjusted gross income movement$0
- Average income of an arriving household$74,564
- Largest single originFranklin County Non-migrants (4,961 households)
- Largest single destination (4,961 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Franklin County Non-migrants | 4,961 | 12,719 | $347.7 m |
| Other flows - Different State | 148 | 367 | $14.9 m |
| Cache County | 143 | 354 | $8.3 m |
| Other flows - West | 126 | 304 | $9.9 m |
| Other flows - Same State | 60 | 138 | $3.1 m |
| Salt Lake County | 25 | 65 | $1.7 m |
| Other flows - South | 22 | 63 | $5.1 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$635.1 m
- County GDP, 2023$624.6 m
- GDP change, 2023 to 20241.7 percent
- GDP change over five years48.1 percent
- Rank by GDP among Idaho counties30th
- Rank by GDP among US county-equivalents2229th
- GDP per resident$42,184
Output grew 1.7 percent in the latest year and 48.1 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 average4,087
- Establishments reporting561
- Average annual pay$44,391
- Average weekly wage$854
- Sector 44-45, employment547
- Sector 44-45, average annual pay$30,380
- Sector 31-33, employment423
- Sector 31-33, average annual pay$65,169
- Sector 72, employment386
- Sector 72, average annual pay$13,638
- Sector 23, employment316
- Sector 23, average annual pay$60,394
- Sector 42, employment150
- Sector 54, employment110
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 547 | 46 | $30,380 |
| Sector 31-33 | 423 | 27 | $65,169 |
| Sector 72 | 386 | 30 | $13,638 |
| Sector 23 | 316 | 88 | $60,394 |
| Sector 42 | 150 | 26 | $73,014 |
| Sector 54 | 110 | 48 | $63,558 |
| Sector 56 | 102 | 29 | $67,607 |
| Sector 48-49 | 100 | 27 | $39,139 |
The largest sector is the biggest private employer group at 547 jobs, 13.4 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 industries372
- Employment at those establishments2,839
- Annual payroll$132.6 m
- Establishments per 1,000 residents24.7
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, 202475
- Declared construction value permitted$18.3 m
- Single family units authorised75
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$243,379
- Units authorised per 1,000 households15.2
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 recorded21
- 7(a) gross approval dollars$6.2 m
- Average 7(a) approval$295,233
- Median 7(a) approval$290,000
- 10th percentile approval$50,000
- 90th percentile approval$513,000
- Largest single approval$1,000,000
- Jobs reported supported, 7(a)173
- Jobs per approval8.2
- Distinct 7(a) lenders active6
- Distinct industries receiving approvals13
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer14.3 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter18
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countAll Other Miscellaneous Fabricated Metal Product Manufacturing (4)
- Most active lenderCache Valley Bank (13)
- 504 approvals recorded19
- 504 gross approval dollars$6.5 m
- Average 504 approval$340,789
- Median 504 approval$295,000
- Distinct CDCs active4
- 504 jobs per approval4.8
- 504 jobs per million dollars approved14.1
- Most active CDCMountain West Small Business Finance (16)
- 7(a) share of SBA approvals52.5 percent
- Combined SBA approval dollars$12.7 m
The average approval of $295,233 sits close to the median of $290,000, so lending here is fairly evenly sized rather than driven by a few large deals. Only 14.3 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 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 recorded4
- Paid in full4
- Charged off0
- Status: Paid in full4
- Status: Exempt from disclosure13
- Status: Committed, not yet disbursed3
- Status: Cancelled1
Too few loans have reached a final outcome to publish a charge off rate. only 4 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 lending3
- PRESTON, approvals17
- WESTON, approvals3
- THATCHER, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| PRESTON | 17 | $4,835,700 |
| WESTON | 3 | $1,344,200 |
| THATCHER | 1 | $20,000 |
PRESTON accounts for 17 approvals against 3 in WESTON. 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 area664 sq mi
- Rank by land area among Idaho counties37th of 44
- Width, east to west31.7 mi
- Height, north to south28.9 mi
- Geographies sharing a boundary4
- Residents per square mile of land23
- Establishments per square mile0.56
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 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.
- Population15,056
- Households4,932
- Average household size3.05
- Median household income$71,950
- Median age33.3
Common questions
Franklin County questions, answered from the record.
How many people live in Franklin County, Idaho?
15,056, in 4,932 households, ranking 22nd of 44 Idaho counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Franklin County growing?
The population has grown 10.17 percent since the 2020 census base. In 2024 there were 230 births against 145 deaths, with net migration of 39. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Franklin County?
$71,950. The median owner-occupied home is valued at $372,600, which is 5.2 times income, and median gross rent is $894 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Franklin County?
372 establishments, employing 2,839 people with an annual payroll of $132.6 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 $44,391, or $854 a week, across 4,087 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?
21 7(a) approvals totalling $6.2 m since FY2020, across 6 lenders, with a median approval of $290,000, plus 19 504 approvals worth $6.5 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Franklin County?
75 housing units were authorised by permit in 2024, with a declared construction value of $18.3 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 2, a predicted average indoor radon screening level from 2 to 4 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 4,961 households. Arriving households report an average income of $74,564 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.