Franklin County, Idaho 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.
-
C
Franklin County Below averageWealthier than 81% of counties in Idaho
Source: Map AI Methodology
Income Statistics Overview
| Metric | Franklin County | Idaho Avg | US Average |
|---|---|---|---|
| Median Household Income | $73,904 | $78,141 | $80,455 |
| Median Personal Income | $52,487 | $54,089 | $60,758 |
| Average Yearly Income Growth | 5.0% | 6.0% | 4.8% |
| Six-Figure Earners | 9.4% | 10.7% | 13.9% |
| $200k+ Households | 8.0% | 9.2% | 13.2% |
The median household income in Franklin County is about 5% lower than in Idaho. Income has been growing slower in Franklin County (5.0%/yr) than in Idaho (6.0%/yr).
About 9% of adults in Franklin County earn six figures ($100,000 or more) a year, lower than the Idaho average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Franklin County, Idaho grew by 65.4% from 2009 to 2024, reaching $73,904 in 2024. That's an average of about 5.0% per year.
Income Inequality and the Gender Pay Gap in Franklin County
| Metric | Franklin County | Idaho Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.560 | 0.542 | 0.552 |
| Male Median Income | $67,523 | $64,507 | $69,667 |
| Female Median Income | $45,545 | $48,475 | $56,850 |
| Gender Pay Gap | 32.5% | 24.9% | 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 0.560, higher than Idaho's 0.542, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 48% more than women's income in Franklin County, Idaho. Over a 35-year career, a 48% wage gap accumulates to roughly $769,230 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Franklin County, Idaho has narrowed from about 35% to 33% in 2024. Over that period the gap was widest at 37% in 2010, and in 2014 women out-earned men by 3%. In dollar terms, the gap has widened by $7,191 since 2009.
Employment
| Metric | Franklin County | Idaho Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.4% | 3.7% | 5.2% |
| Working from Home | 12.0% | 13.3% | 15.0% |
| Commute time (minutes) | 20 | 17 | 22 |
Approximately 173 people are unemployed in Franklin County, Idaho.
The average commute time in Franklin County is 20 minutes, longer than the 17 minutes in Idaho.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Franklin County, Idaho has fallen from 7.5% to 2.4% in 2024. Over that period the rate fell as low as 1.0% in 2020.
Franklin County, ID Wealth Compared With Nearby Counties
Franklin County, ID is the 3rd largest of the 6 counties compared here, 15,053 residents against a local median of 7,162. Franklin County, ID's income growth, at 5.0%/yr, runs 15% below the 5.9%/yr typical of the counties around it. That is the weaker end of the local range on this measure.
The counties themselves spread 6.0%/yr on income growth, so Franklin County, ID sits at one end of an already wide local range rather than apart from it. Franklin County, ID has the 5th highest income growth 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, ID | 15,053 | $73,904 #4/6 | 5.0%/yr #5/6 | 2.4% #3/6 | 0.560 #4/6 |
| Cache County, UT | 139,938 | $82,057 | 5.9%/yr | 2.6% | 0.575 |
| Bear Lake County, ID | 6,650 | $75,298 | 6.0%/yr | 2.6% | 0.560 |
| Bannock County, ID | 89,452 | $67,110 | 5.1%/yr | 4.3% | 0.539 |
| Caribou County, ID | 7,162 | $68,001 | 2.1%/yr | 1.9% | 0.527 |
| Oneida County, ID | 4,768 | $74,954 | 8.1%/yr | 1.4% | 0.532 |
Conclusion
Considering all these factors, Franklin County, Idaho has an overall wealth index grade of C, making it somewhat better than Idaho, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Franklin County, Idaho.
How Rich Is Franklin County, Idaho?
Franklin County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $73,904, about 5% lower than the Idaho average of $78,141.
Are incomes growing in Franklin County, Idaho?
Between 2009 and 2024, the median household income in Franklin County, Idaho rose 65%, from $44,682 to $73,904. Over the same years, income here lagged behind Idaho as a whole: +65% against +69%.
What was the median household income in Franklin County in 2023?
In 2023, the median household income in Franklin County, Idaho was $68,923, up 11% from $61,927 in 2022. The Idaho median that year was $74,676.
What was the median household income in Franklin County in 2020?
In 2020, the median household income in Franklin County, Idaho was $59,942. By 2024 it had risen 23% to $73,904.
Is unemployment high in Franklin County, Idaho?
Unemployment in Franklin County, Idaho is only 2.4%, well below the Idaho rate of 3.7%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Franklin County, Idaho?
The Gini coefficient in Franklin County is 0.560. 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, Idaho?
Since 2009, the income gap between men and women in Franklin County, Idaho has narrowed from about 35% to 33% in 2024. Over that period the gap was widest at 37% in 2010, and in 2014 women out-earned men by 3%. In dollar terms, the gap has widened by $7,191 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →