Franklin County, Illinois 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.
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D
Franklin County Well below averageLess wealthy than 87% of counties in Illinois
Source: Map AI Methodology
Income Statistics Overview
| Metric | Franklin County | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $57,264 | $84,042 | $80,455 |
| Median Personal Income | $49,891 | $64,565 | $60,758 |
| Average Yearly Income Growth | 4.8% | 4.5% | 4.8% |
| Six-Figure Earners | 5.8% | 15.0% | 13.9% |
| $200k+ Households | 3.9% | 13.8% | 13.2% |
The median household income in Franklin County is about 32% lower than in Illinois. Income has been growing faster in Franklin County (4.8%/yr) than in Illinois (4.5%/yr).
About 6% of adults in Franklin County earn six figures ($100,000 or more) a year, lower than the Illinois average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Franklin County, Illinois grew by 69.4% from 2009 to 2024, reaching $57,264 in 2024. That's an average of about 4.8% per year.
Income Inequality and the Gender Pay Gap in Franklin County
| Metric | Franklin County | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.537 | 0.547 | 0.552 |
| Male Median Income | $60,630 | $73,933 | $69,667 |
| Female Median Income | $44,761 | $60,067 | $56,850 |
| Gender Pay Gap | 26.2% | 18.8% | 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 0.537, lower than Illinois's 0.547, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 35% more than women's income in Franklin County, Illinois. Over a 35-year career, a 35% wage gap accumulates to roughly $555,415 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in Franklin County, Illinois has stayed about the same since 2009, at around 26%. Over that period the gap was widest at 30% in 2012, and was narrowest at 24% in 2023. In dollar terms, the gap has widened by $5,447 since 2009.
Employment
| Metric | Franklin County | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.6% | 5.8% | 5.2% |
| Working from Home | 7.2% | 15.9% | 15.0% |
| Commute time (minutes) | 22 | 23 | 22 |
Approximately 1,293 people are unemployed in Franklin County, Illinois.
The average commute time in Franklin County is 22 minutes, shorter than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Franklin County, Illinois has fallen from 9.9% to 7.6% in 2024. Over that period the rate peaked at 11.6% in 2014 and fell as low as 6.1% in 2021.
Franklin County, IL Wealth Compared With Nearby Counties
Franklin County, IL is the 2nd largest of the 6 counties compared here, 37,318 residents against a local median of 23,213. The measure that sets Franklin County, IL apart most is unemployment: 7.6%, 49% above the local median of 5.1%. That is the weaker end of the local range on this measure.
The counties themselves spread 3.2% on unemployment, so Franklin County, IL sits at one end of an already wide local range rather than apart from it. Franklin County, IL has the 5th 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, IL | 37,318 | $57,264 #5/6 | 4.8%/yr #2/6 | 7.6% #5/6 | 0.537 #4/6 |
| Williamson County, IL | 66,874 | $65,527 | 4.6%/yr | 5.0% | 0.533 |
| Jefferson County, IL | 36,549 | $62,660 | 4.6%/yr | 5.8% | 0.522 |
| Hamilton County, IL | 7,916 | $64,899 | 4.8%/yr | 5.1% | 0.517 |
| Saline County, IL | 23,213 | $53,513 | 3.7%/yr | 7.7% | 0.549 |
| Perry County, IL | 20,638 | $63,094 | 4.8%/yr | 4.5% | 0.564 |
Conclusion
Considering all these factors, Franklin County, Illinois has an overall wealth index grade of D, making it somewhat worse than Illinois, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Franklin County, Illinois.
How Rich Is Franklin County, Illinois?
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 $57,264, about 32% lower than the Illinois average of $84,042.
Are incomes growing in Franklin County, Illinois?
Between 2009 and 2024, the median household income in Franklin County, Illinois rose 69%, from $33,798 to $57,264. Over the same years, income here outpaced Illinois as a whole: +69% against +52%.
What was the median household income in Franklin County in 2023?
In 2023, the median household income in Franklin County, Illinois was $53,914, up 6% from $50,843 in 2022. The Illinois median that year was $82,182.
What was the median household income in Franklin County in 2020?
In 2020, the median household income in Franklin County, Illinois was $43,514. By 2024 it had risen 32% to $57,264.
How strong is the job market in Franklin County, Illinois?
Unemployment in Franklin County, Illinois is 7.6%, well above the Illinois rate of 5.8%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Franklin County, Illinois?
The Gini coefficient in Franklin County is 0.537. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Franklin County, Illinois?
The income gap between men and women in Franklin County, Illinois has stayed about the same since 2009, at around 26%. Over that period the gap was widest at 30% in 2012, and was narrowest at 24% in 2023. In dollar terms, the gap has widened by $5,447 since 2009.
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