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Franklin, VA
Full City Profile · Virginia · Franklin city County
3.2
/5.0
B
Good
8,212
Population
992/sq mi density
$65,125
Median Income
$31,838 per capita
$227,200
Home Value
$240,233 Zillow
$995
Median Rent
26.4% income on rent
59°F
Avg Temperature
305 sunny days/yr
203
Violent Crime/100K
3,697 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$65,125 median income, 2.8% unemployment
A+
Affordability
4.7 / 5.0
$227,200 home value, $995/mo rent
F
Safety
1.0 / 5.0
203 violent crimes/100K
B
Education
3.1 / 5.0
26.4% bachelor's degree or higher
Top Industries in Franklin (6)
County-level employment data (BLS QCEW). Sorted by employment.
Retail Trade
893 jobs
46 firms
$29,333/yr
Finance & Insurance
115 jobs
18 firms
$76,982/yr
Administrative & Waste Services
113 jobs
10 firms
$29,219/yr
Manufacturing
96 jobs
9 firms
$51,884/yr
Other Services
96 jobs
34 firms
$43,841/yr
Real Estate
12 jobs
8 firms
$42,406/yr
Industry Specialization (Location Quotient)
LQ > 1.0 means the industry is more concentrated here than the national average.
Retail Trade
2.25
Other Services
0.80
Finance & Insurance
0.71
Administrative & Waste Services
0.48
Manufacturing
0.29
Real Estate
0.19
Thin line = national average (1.0)
Complete Industry Data
| Industry | Employment | Establishments | Avg Weekly Wage | Avg Annual Pay | LQ |
|---|---|---|---|---|---|
| Retail Trade | 893 | 46 | $564 | $29,333 | 2.25 |
| Finance & Insurance | 115 | 18 | $1,480 | $76,982 | 0.71 |
| Administrative & Waste Services | 113 | 10 | $562 | $29,219 | 0.48 |
| Manufacturing | 96 | 9 | $998 | $51,884 | 0.29 |
| Other Services | 96 | 34 | $843 | $43,841 | 0.80 |
| Real Estate | 12 | 8 | $815 | $42,406 | 0.19 |