Franklin, NC
Full City Profile · North Carolina · Macon County County
2.9
/5.0
C+
Fair
4,221
Population
854/sq mi density
$43,991
Median Income
$27,002 per capita
$190,600
Home Value
$293,498 Zillow
$738
Median Rent
26.9% income on rent
56°F
Avg Temperature
301 sunny days/yr
385
Violent Crime/100K
6,107 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$43,991 median income, 1.2% unemployment
A
Affordability
4.2 / 5.0
$190,600 home value, $738/mo rent
F
Safety
1.0 / 5.0
385 violent crimes/100K (1% above avg)
C+
Education
2.8 / 5.0
22.2% bachelor's degree or higher
Income Overview
Median Household Income
$43,991
41% below
US avg: $75,149
Per Capita Income
$27,002
31% below
US avg: $39,052
Unemployment Rate
1.2%
67% below
US avg: 3.6%
Poverty Rate
10.2%
18% below
US avg: 12.4%
Income Comparison: Franklin vs. U.S. Average
Each bar shows Franklin’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$43,991
59%
Per Capita
US: $39,052
$27,002
69%
IRS Avg AGI
US: $72,000
$66,451
92%
Avg Weekly Wage
US: $1,432
$893
62%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$893
38% below US avg ($1,432)
Mean Commute Time
24 min
15% below US avg (28 min)
Work From Home
5.3%
65% below US avg (15.2%)
Drive Alone
82.4%
13% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,130M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
82.4%
Public Transit
0%
Work From Home
5.3%
Other
12.3%
Average commute time
24 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,457
Restaurants
131
Healthcare
107
Retail
218
Manufacturing
31
Tax & Financial
IRS Avg Adjusted Gross Income
$66,451
8% below US avg ($72,000)
Avg Property Tax
$4,064
16% above US avg ($3,500)
Cost of Living Index
94.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $43,991 |
| Per Capita Income | $27,002 |
| IRS Avg Adjusted Gross Income | $66,451 |
| Avg Weekly Wage | $893 |
| County GDP | $2,130M |
Hardship Indicators
| Unemployment Rate | 1.2% |
| Poverty Rate | 10.2% |
| Gini Coefficient | 0.472 |
| Cost of Living Index | 94.3 |
Commute
| Mean Commute | 24 minutes |
| Drive Alone | 82.4% |
| Public Transit | 0.0% |
| Work From Home | 5.3% |
Businesses
| Total Establishments | 1,457 |
| Restaurants | 131 |
| Healthcare | 107 |
| Retail | 218 |
| Manufacturing | 31 |
Tax
| IRS Avg AGI | $66,451 |
| Avg Property Tax | $4,064 |
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