Franklin County, Arkansas: commercial real estate data.
Franklin County, Arkansas had an estimated 17,586 residents on July 1, 2024, up 2.8 percent since the 2020 census base of 17,104, across 609 square miles. County output reached $688.9 m in 2024, 309 establishments operate here, and the SBA record carries 9 7(a) approvals worth $14.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Franklin County
How many people live in Franklin County
- Population, American Community Survey 2020-202417,326
- Households7,048
- Average household size2.46
- Median household income$55,886
- Median age42.3
- Median gross rent$719 per month
- Median owner-occupied home value$130,800
- Home value to household income2.3 times
- Annual rent as a share of median income15.4 percent
- Adults 25 and over with a bachelor degree or higher14.5 percent
- Adults 25 and over with a graduate degree4.9 percent
- Adults 25 and over12,200
- Population under 183,871
- Share under 1822.3 percent
- Population 65 and over3,583
- Share 65 and over20.7 percent
- Working age population, 18 to 649,872
- Civilian labor force7,508
- Unemployment rate4.9 percent
- Labor force participation, adults 18 and over55.8 percent
- Rank by population among Arkansas counties41st of 75
- Rank by population among US county-equivalents, Puerto Rico included2018th of 3,222
Franklin County is the 41st largest of 75 Arkansas counties by population. A median home costs 2.3 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 22.3 percent against 20.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Franklin County
Is Franklin County's population growing?
- Population, July 1, 202417,586
- Census 2020 base population17,104
- Population change since the 2020 census base2.82 percent
- Population change, 2023 to 2024115
- Births, 2024188
- Deaths, 2024292
- Natural change, 2024-104
- Net domestic migration, 2024221
- Net international migration, 2024-1
- Total net migration, 2024220
- Cumulative net domestic migration, 2021 to 2024780
- Rank by growth among US county-equivalents917th of 3,144
The county has grown 2.82 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Franklin County
Where are people moving to Franklin County from?
- Tax returns filed by households arriving507
- People arriving, from those returns1,046
- Tax returns filed by households leaving398
- Net household movement109
- Adjusted gross income arriving$23.8 m
- Net adjusted gross income movement$7.7 m
- Average income of an arriving household$46,978
- Average income of a leaving household$40,575
- Largest single originSebastian County (85 households)
- Largest single destinationSebastian County (77 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Sebastian County | 85 | 175 | $3.8 m |
| Crawford County | 57 | 126 | $3.0 m |
| Johnson County | 54 | 112 | $2.7 m |
| Logan County | 40 | 81 | $1.3 m |
| Washington County | 28 | 55 | $1.3 m |
Households arriving report $6,403 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Sebastian County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Franklin County
What is the Franklin County economy?
- County GDP, 2024$688.9 m
- County GDP, 2023$579.5 m
- GDP change, 2023 to 202418.9 percent
- GDP change over five years51.2 percent
- Rank by GDP among the Arkansas areas BEA publishes47th of 75
- Rank by GDP among the US county areas BEA publishes2157th of 3,127
- GDP per resident$39,764
Output grew 18.9 percent in the latest year and 51.2 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Franklin County
Employment by industry in Franklin County
- Covered employment, annual average4,972
- Establishments reporting394
- Average annual pay$44,454
- Average weekly wage$855
- Manufacturing, employment1,029
- Manufacturing, average annual pay$47,658
- Retail trade, employment738
- Retail trade, average annual pay$28,761
- Health care and social assistance, employment502
- Health care and social assistance, average annual pay$41,369
- Utilities, employment227
- Utilities, average annual pay$89,248
- Construction, employment189
- Transportation and warehousing, employment88
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 1,029 | 15 | $47,658 |
| Retail trade | 738 | 54 | $28,761 |
| Health care and social assistance | 502 | 54 | $41,369 |
| Utilities | 227 | 6 | $89,248 |
| Construction | 189 | 40 | $46,229 |
| Transportation and warehousing | 88 | 17 | $46,483 |
| Finance and insurance | 87 | 27 | $49,998 |
| Agriculture, forestry, fishing and hunting | 73 | 14 | $84,681 |
Manufacturing is the largest private sector at 1,029 jobs, 20.7 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Franklin County
How many businesses are in Franklin County?
- Establishments, all industries309
- Employment at those establishments4,429
- Annual payroll$215.9 m
- Establishments per 1,000 residents17.8
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Franklin County
Building permits in Franklin County
- Housing units authorized by permit, 202416
- Declared construction value permitted$3.5 m
- Single family units authorized16
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$218,644
- Units authorized per 1,000 households2.3
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Franklin County
SBA loans in Franklin County (7(a) and 504)
- 7(a) approvals recorded9
- 7(a) gross approval dollars$14.0 m
- Average 7(a) approval$1,559,378
- Median 7(a) approval$1,299,000
- Largest single approval$4,355,200
- Jobs reported supported, 7(a)32
- Jobs per approval3.6
- Distinct 7(a) lenders active6
- Distinct industries receiving approvals5
- Median 7(a) term240 months
- Share of loans on real estate terms, 240 months or longer55.6 percent
- Loans on real estate terms5
- Loans on working capital terms, 120 months or shorter2
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countChicken Egg Production (3)
- Most active lenderSouthern Bancorp Bank (4)
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Franklin County
SBA loan default and charge-off rates in Franklin County
Do SBA loans in Franklin County get paid back?
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure7
- Status: Committed, not yet disbursed2
Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Franklin County
SBA lending by place in Franklin County
- Borrower cities with recorded lending4
- Charleston, approvals5
- Ozark, approvals2
- Mulberry, approvals1
- Branch, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Charleston | 5 | $7,833,200 |
| Ozark | 2 | $4,481,200 |
| Mulberry | 1 | $1,000,000 |
| Branch | 1 | $720,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Franklin County
How large is Franklin County?
- Land area609 sq mi
- Rank by land area among Arkansas counties52nd of 75
- Width, east to west21.8 mi
- Height, north to south38.7 mi
- Geographies sharing a boundary5
- Residents per square mile of land28
- Establishments per square mile0.51
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Franklin County
Flood risk in Franklin County
- Participation of the county's own NFIP community Franklin County, unincorporated areasParticipating, community 050432
- Communities in the county in the NFIP Community Status Book5
- Of those, participating in the NFIP3
- NFIP participation rate60.0 percent
- Communities carrying a CRS class0
- Radon levels in Franklin County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Franklin County (community 050432), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Franklin County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 60.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Franklin County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Franklin County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202417,326
- Households7,048
- Average household size2.46
- Median household income$55,886
- Median age42.3
Common questions
Franklin County questions, answered from the record.
How many people live in Franklin County, Arkansas?
The Census Bureau estimates 17,586 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 17,326, in 7,048 households, ranking 41st of 75 Arkansas counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Franklin County's population growing?
The population has grown 2.82 percent since the 2020 census base of 17,104, to 17,586 on July 1, 2024. In 2024 there were 188 births against 292 deaths, with net migration of 220. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Franklin County?
$55,886. The median owner-occupied home is valued at $130,800, which is 2.3 times income, and median gross rent is $719 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Franklin County?
309 establishments, employing 4,429 people with an annual payroll of $215.9 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Franklin County?
Manufacturing is the largest private sector at 1,029 jobs, 20.7 percent of covered employment. Covered employment averages 4,972 jobs at an average annual pay of $44,454, or $855 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Franklin County?
9 7(a) approvals totaling $14.0 m since FY2020, across 6 lenders, with a median approval of $1,299,000. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Franklin County?
16 housing units were authorized by permit in 2024, with a declared construction value of $3.5 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Franklin County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Franklin County come from?
The largest single origin is Sebastian County, with 85 households. Arriving households report an average income of $46,978 against $40,575 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Franklin County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Franklin County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Franklin County
Cities and places in Franklin.
7 Census places lie wholly or partly in Franklin County. All 7 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Ozark | city | 3,551 | 2 | Wholly in this county |
| Charleston | city | 2,646 | 5 | Wholly in this county |
| Altus | city | 827 | None recorded | Wholly in this county |
| Branch | city | 317 | 1 | Wholly in this county |
| Denning | town | 245 | None recorded | Wholly in this county |
| Alix | CDP | 20 | None recorded | Wholly in this county |
| Wiederkehr Village | city | 18 | None recorded | Wholly in this county |
A further 1 of the county's 9 SBA 7(a) approvals are to borrowers in cities that match no Census place in Franklin County, the largest being Mulberry (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby