Franklin County, Tennessee Wealth Profile
Wealth Index
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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Income Statistics Overview
| Metric | Franklin County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Household Income | $61,218 | $67,486 | $78,145 |
| Median Personal Income | $61,218 | $67,486 | $78,145 |
| Average income growth | 4.7% | 4.7% | 4.7% |
Household Income Trend
Median Household Income Over Time
Franklin County
United States
Economic Inequality in Franklin County | Gender Pay Gap | Gini Index
| Metric | Franklin County | Tennessee Avg | US Average |
|---|---|---|---|
| Gini Index | 0.567 | 0.558 | 0.569 |
| Male Median Income | $56,465 | $60,097 | $67,746 |
| Female Median Income | $41,337 | $48,310 | $54,793 |
| Gender Pay Gap | 28.1% | 19.9% | 18.9% |
Income by Sex Over Time
Male
Female
Employment
| Metric | Franklin County | Tennessee Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.9% | 4.7% | 5.2% |
| Working from Home | 7.6% | 11.4% | 13.4% |
| Commute time (minutes) | 20 | 22 | 22 |
Unemployment Rate Over Time
Franklin County
United States