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HomeMississippiFranklin County

Franklin County, Mississippi: commercial real estate data.

Franklin County, Mississippi has a population of 7,622 across 564 square miles, down 2.1 percent since the 2020 census base. County output reached $252.1 m in 2024, 131 establishments operate here, and the SBA record carries 1 7(a) approvals worth $115,000.

92 sourced county values · tier FULL · 9 sections

Franklin County

How many people live in Franklin County

  • Population7,622
  • Households3,074
  • Average household size2.48
  • Median household income$52,939
  • Median age42.1
  • Median gross rent$725 per month
  • Median owner-occupied home value$101,900
  • Home value to household income1.9 times
  • Annual rent as a share of median income16.4 percent
  • Adults 25 and over with a bachelor degree or higher19.0 percent
  • Adults 25 and over with a graduate degree9.2 percent
  • Adults 25 and over5,284
  • Population under 181,764
  • Share under 1823.1 percent
  • Population 65 and over1,641
  • Share 65 and over21.5 percent
  • Working age population, 18 to 644,217
  • Civilian labor force2,924
  • Unemployment rate4.0 percent
  • Labor force participation, adults 18 and over49.9 percent
  • Rank by population among Mississippi counties76th of 82
  • Rank by population among US county-equivalents2681st

Franklin County is the 76th largest of 82 Mississippi counties by population. A median home costs 1.9 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 23.1 percent against 21.5 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 base-2.08 percent
  • Census 2020 base population7,676
  • Births, 202495
  • Deaths, 2024157
  • Natural change, 2024-62
  • Net domestic migration, 2024-49
  • Net international migration, 20241
  • Total net migration, 2024-48
  • Cumulative net domestic migration, 2021 to 202427
  • Rank by growth among US county-equivalents2517th

The county has lost 2.08 percent of its population 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 arriving135
  • People arriving, from those returns266
  • Adjusted gross income arriving$6.1 m
  • Net adjusted gross income movement$0
  • Average income of an arriving household$45,185
  • Largest single originFranklin County Non-migrants (2,546 households)
  • Largest single destination (2,546 households)
Largest origins of households moving into Franklin County
OriginHouseholdsPeopleAdjusted gross income
Franklin County Non-migrants2,5465,502$135.1 m
Other flows - Same State58121$2.2 m
Other flows - Different State4887$2.4 m
Other flows - South4887$2.4 m
Lincoln County2958$1.6 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$252.1 m
  • County GDP, 2023$243.8 m
  • GDP change, 2023 to 20243.4 percent
  • GDP change over five years26.7 percent
  • Rank by GDP among Mississippi counties74th
  • Rank by GDP among US county-equivalents2804th
  • GDP per resident$33,073

Output grew 3.4 percent in the latest year and 26.7 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 average1,556
  • Establishments reporting136
  • Average annual pay$47,487
  • Average weekly wage$913
  • Sector 44-45, employment159
  • Sector 44-45, average annual pay$30,175
  • Sector 11, employment106
  • Sector 11, average annual pay$49,955
  • Sector 81, employment37
  • Sector 81, average annual pay$51,824
  • Sector 54, employment20
  • Sector 54, average annual pay$39,808
Private sector employment and pay, Franklin County
SectorEmploymentEstablishmentsAverage annual pay
Sector 44-4515923$30,175
Sector 1110617$49,955
Sector 813711$51,824
Sector 54206$39,808

The largest sector is the biggest private employer group at 159 jobs, 10.2 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 industries131
  • Employment at those establishments1,064
  • Annual payroll$50.7 m
  • Establishments per 1,000 residents17.2

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

How much SBA lending happens in Franklin County

  • 7(a) approvals recorded1
  • 7(a) gross approval dollars$115,000
  • Average 7(a) approval$115,000
  • Median 7(a) approval$115,000
  • 10th percentile approval$115,000
  • 90th percentile approval$115,000
  • Largest single approval$115,000
  • Jobs reported supported, 7(a)6
  • Jobs per approval6.0
  • Distinct 7(a) lenders active1
  • Distinct industries receiving approvals1
  • Median 7(a) term132 months
  • Share of loans on real estate terms, 240 months or longer0.0 percent
  • Loans on real estate terms0
  • Loans on working capital terms, 120 months or shorter0
  • Franchise loans0
  • Franchise share of approvals0.0 percent
  • Leading industry by approval countPet Care (except Veterinary) Services (1)
  • Most active lenderTrustmark Bank (1)

The average approval of $115,000 sits close to the median of $115,000, so lending here is fairly evenly sized rather than driven by a few large deals. Only 0.0 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.

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 disclosure1

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

How big is Franklin County

  • Land area564 sq mi
  • Rank by land area among Mississippi counties42nd of 82
  • Width, east to west31 mi
  • Height, north to south20.1 mi
  • Geographies sharing a boundary5
  • Residents per square mile of land14
  • Establishments per square mile0.23

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.
  • The Building Permits Survey does not carry a 2024 record for this county.
  • 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.

  • Population7,622
  • Households3,074
  • Average household size2.48
  • Median household income$52,939
  • Median age42.1

How a feasibility study works →

Common questions

Franklin County questions, answered from the record.

How many people live in Franklin County, Mississippi?

7,622, in 3,074 households, ranking 76th of 82 Mississippi counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

Is Franklin County growing?

The population has fallen 2.08 percent since the 2020 census base. In 2024 there were 95 births against 157 deaths, with net migration of -48. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.

What is the median household income in Franklin County?

$52,939. The median owner-occupied home is valued at $101,900, which is 1.9 times income, and median gross rent is $725 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

How many businesses are there in Franklin County?

131 establishments, employing 1,064 people with an annual payroll of $50.7 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 $47,487, or $913 a week, across 1,556 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?

1 7(a) approvals totalling $115,000 since FY2020, across 1 lenders, with a median approval of $115,000. These are approvals recorded in the release, not loans disbursed.

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 2,546 households. Arriving households report an average income of $45,185 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.