Franklin County, Georgia Income Statistics

Franklin County Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.

  • D
    Franklin County Well below average

Source: Map AI Methodology

Franklin County
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Wealth grade

Income Statistics Overview

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Metric Franklin County Georgia Avg US Average
Median Household Income $52,500 $77,523 $80,455
Median Personal Income $45,499 $55,999 $60,758
Average Yearly Income Growth 4.4% 5.3% 4.8%
Six-Figure Earners 5.6% 12.4% 13.9%
$200k+ Households 4.8% 11.9% 13.2%

The median household income in Franklin County is about 32% lower than in Georgia. Income has been growing slower in Franklin County (4.4%/yr) than in Georgia (5.3%/yr).

About 6% of adults in Franklin County earn six figures ($100,000 or more) a year, lower than the Georgia average of 12%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Franklin County
United States

Median household income in Franklin County, Georgia grew by 50.7% from 2009 to 2024, reaching $52,500 in 2024. That's an average of about 4.4% per year.

Franklin County has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. It came closest in 2020, at 24% lower. The gap has widened from 32% in 2009 to 35% in 2024.

Year Franklin County United States

Income Distribution in Franklin County

How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.

Households by income, 2024

Franklin County
United States

Income range calculator

About 2,022 households (22.5% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 33.9% of households in Franklin County had an income under $35,000 and 10.8% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Franklin County has a larger share of households earning $15,000 to $24,999 (12.1% vs 6.4%) and a smaller share earning $200,000 or more (4.8% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 828 9.2% 5.1%
$10,000 to $14,999 419 4.7% 3.5%
$15,000 to $24,999 1,091 12.1% 6.4%
$25,000 to $34,999 715 7.9% 6.7%
$35,000 to $49,999 1,239 13.8% 10.1%
$50,000 to $74,999 1,612 17.9% 15.5%
$75,000 to $99,999 1,068 11.9% 12.6%
$100,000 to $149,999 1,054 11.7% 17.4%
$150,000 to $199,999 533 5.9% 9.5%
$200,000 or more 435 4.8% 13.2%

Shares are of all 8,994 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).

Income Inequality and the Gender Pay Gap in Franklin County

Metric Franklin County Georgia Avg US Average
Gini Coefficient 0.561 0.561 0.552
Male Median Income $52,704 $65,087 $69,667
Female Median Income $42,154 $53,213 $56,850
Gender Pay Gap 20.0% 18.2% 18.4%

The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Franklin County, it is 0.561, about the same as Georgia's 0.561, so income here is about as evenly distributed as there, and higher than the US's 0.552, so income is less evenly distributed here than there.

Men's income is about 25% more than women's income in Franklin County, Georgia. Over a 35-year career, a 25% wage gap accumulates to roughly $369,250 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Franklin County, Georgia has widened from about 19% to 20% in 2024. Over that period the gap was widest at 22% in 2023, and in 2014 women out-earned men by 3%. In dollar terms, the gap has widened by $4,184 since 2009.

Against the trend: the pay gap in Franklin County widened by 1.1 points while Georgia's narrowed by 2.7 points.

Year Male Income Female Income Gap %

Employment

Metric Franklin County Georgia Avg US Average
Unemployment Rate 5.9% 5.1% 5.2%
Working from Home 9.6% 15.9% 15.0%
Commute time (minutes) 22 23 22

Approximately 616 people are unemployed in Franklin County, Georgia.

The average commute time in Franklin County is 22 minutes, shorter than the 23 minutes in Georgia.

Unemployment Rate Over Time

Franklin County
United States

Since 2011, the unemployment rate in Franklin County, Georgia has fallen from 8.3% to 5.9% in 2024. Over that period the rate peaked at 10.4% in 2013 and fell as low as 4.5% in 2019.

Franklin County has crossed the U.S. unemployment rate 7 times since 2011, most recently moving above it in 2024, at 0.7 points higher.

Year Franklin County United States

Franklin County, GA Wealth Compared With Nearby Counties

Franklin County, GA is typical in size for this group, 24,234 residents against a local median of 27,012, so the measures below are close to a like for like comparison. The measure that sets Franklin County, GA apart most is unemployment: 5.9%, 73% above the local median of 3.4%. That is the weaker end of the local range on this measure.

Income growth tells the same story from another angle: 4.4%/yr against a local median of 5.9%/yr, 26% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Franklin County, GA reads weaker than its neighbours on all of them. The counties themselves spread 2.7% on unemployment, so Franklin County, GA sits at one end of an already wide local range rather than apart from it. Franklin County, GA has the 6th lowest unemployment of the 6 areas compared here.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
Franklin County, GA 24,234 $52,500 #6/6 4.4%/yr #6/6 5.9% #6/6 0.561 #6/6
Stephens County, GA 27,012 $54,840 5.0%/yr 5.4% 0.530
Madison County, GA 31,526 $63,654 4.5%/yr 3.9% 0.532
Hart County, GA 26,939 $59,345 5.9%/yr 3.4% 0.539
Banks County, GA 19,270 $77,371 8.5%/yr 2.9% 0.543
Habersham County, GA 47,793 $68,082 6.4%/yr 2.7% 0.557

Conclusion

Considering all these factors, Franklin County, Georgia has an overall wealth index grade of D, making it somewhat worse than Georgia, and somewhat worse than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Franklin County, Georgia.

How Rich Is Franklin County, Georgia?

Franklin County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $52,500, about 32% lower than the Georgia average of $77,523.

How fast is household income rising in Franklin County, Georgia?

Between 2009 and 2024, the median household income in Franklin County, Georgia rose 51%, from $34,833 to $52,500. Over the same years, income here lagged behind Georgia as a whole: +51% against +57%.

What was the median household income in Franklin County in 2023?

In 2023, the median household income in Franklin County, Georgia was $53,947, up 3% from $52,316 in 2022. The Georgia median that year was $74,682.

What was the median household income in Franklin County in 2020?

In 2020, the median household income in Franklin County, Georgia was $48,931. By 2024 it had risen 7% to $52,500.

What is the Gini coefficient in Franklin County, Georgia?

The Gini coefficient in Franklin County is 0.561. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.

How has the income gap between men and women changed in Franklin County, Georgia?

Since 2009, the income gap between men and women in Franklin County, Georgia has widened from about 19% to 20% in 2024. Over that period the gap was widest at 22% in 2023, and in 2014 women out-earned men by 3%. In dollar terms, the gap has widened by $4,184 since 2009.

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