Franklin County, Ohio 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.

  • B
    Franklin County Around average
    Wealthier than 82% of counties in Ohio

Source: Map AI Methodology

Franklin County
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Wealth grade

Income Statistics Overview

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Metric Franklin County Ohio Avg US Average
Median Household Income $75,175 $71,509 $80,455
Median Personal Income $61,156 $58,431 $60,758
Average Yearly Income Growth 4.1% 4.4% 4.8%
Six-Figure Earners 13.4% 11.1% 13.9%
$200k+ Households 11.2% 9.1% 13.2%

The median household income in Franklin County is about 5% higher than in Ohio. Income has been growing slower in Franklin County (4.1%/yr) than in Ohio (4.4%/yr).

About 13% of adults in Franklin County earn six figures ($100,000 or more) a year, higher than the Ohio average of 11%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Franklin County
United States

Median household income in Franklin County, Ohio grew by 53.1% from 2009 to 2024, reaching $75,175 in 2024. That's an average of about 4.1% per year.

Year Franklin County United States

Income Inequality and the Gender Pay Gap in Franklin County

Metric Franklin County Ohio Avg US Average
Gini Coefficient 0.527 0.532 0.552
Male Median Income $67,022 $67,200 $69,667
Female Median Income $60,366 $54,076 $56,850
Gender Pay Gap 9.9% 19.5% 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 0.527, lower than Ohio's 0.532, 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 11% more than women's income in Franklin County, Ohio. Over a 35-year career, a 11% wage gap accumulates to roughly $232,960 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, Ohio has narrowed from about 17% to 10% in 2024. Over that period the gap was widest at 18% in 2010. In dollar terms, the gap has narrowed by $1,467 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Franklin County Ohio Avg US Average
Unemployment Rate 4.6% 4.8% 5.2%
Working from Home 19.3% 13.0% 15.0%
Commute time (minutes) 20 21 22

Approximately 33,381 people are unemployed in Franklin County, Ohio.

The average commute time in Franklin County is 20 minutes, shorter than the 21 minutes in Ohio.

Unemployment Rate Over Time

Franklin County
United States

Since 2011, the unemployment rate in Franklin County, Ohio has fallen from 8.3% to 4.6% in 2024. Over that period the rate peaked at 8.7% in 2013 and fell as low as 4.5% in 2023.

Year Franklin County United States

Franklin County, OH Wealth Compared With Nearby Counties

Franklin County, OH is the largest of the 6 counties compared here, 1,332,477 residents against a local median of 67,322. Where Franklin County, OH breaks from the counties next to it is unemployment, sitting 31% above the local median of 3.5% at 4.6%. That is the weaker end of the local range on this measure.

Income growth tells the same story from another angle: 4.1%/yr against a local median of 5.1%/yr, 19% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Franklin County, OH reads weaker than its neighbours on all of them. The counties themselves spread 1.2% on unemployment, so Franklin County, OH sits at one end of an already wide local range rather than apart from it. Franklin County, OH 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, OH 1,332,477 $75,175 #5/6 4.1%/yr #5/6 4.6% #6/6 0.527 #4/6
Delaware County, OH 226,834 $134,160 4.6%/yr 3.0% 0.515
Pickaway County, OH 60,131 $73,984 2.9%/yr 3.5% 0.545
Madison County, OH 44,416 $88,282 5.3%/yr 3.5% 0.553
Fairfield County, OH 163,453 $91,280 5.1%/yr 3.8% 0.524
Union County, OH 67,322 $111,904 5.8%/yr 2.6% 0.517

Conclusion

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

Frequently Asked Questions

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

How Rich Is Franklin County, Ohio?

Franklin County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $75,175, about 5% higher than the Ohio average of $71,509.

Are incomes growing in Franklin County, Ohio?

Between 2009 and 2024, the median household income in Franklin County, Ohio rose 53%, from $49,100 to $75,175. Over the same years, income here outpaced Ohio as a whole: +53% against +51%.

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

In 2023, the median household income in Franklin County, Ohio was $73,925, up 4% from $71,370 in 2022. The Ohio median that year was $69,792.

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

In 2020, the median household income in Franklin County, Ohio was $62,731. By 2024 it had risen 20% to $75,175.

What is the Gini coefficient in Franklin County, Ohio?

The Gini coefficient in Franklin County is 0.527. 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, Ohio?

Since 2009, the income gap between men and women in Franklin County, Ohio has narrowed from about 17% to 10% in 2024. Over that period the gap was widest at 18% in 2010. In dollar terms, the gap has narrowed by $1,467 since 2009.

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