Franklin County, Idaho: commercial real estate data.
Franklin County, Idaho had an estimated 15,638 residents on July 1, 2024, up 10.2 percent since the 2020 census base of 14,194, across 664 square miles. County output reached $635.1 m in 2024, 372 establishments operate here, and the SBA record carries 21 7(a) approvals worth $6.2 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 2020-202415,056
- Households4,932
- Average household size3.05
- Median household income$71,950
- Median age33.3
- Median gross rent$894 per month
- Median owner-occupied home value$372,600
- Home value to household income5.2 times
- Annual rent as a share of median income14.9 percent
- Adults 25 and over with a bachelor degree or higher23.9 percent
- Adults 25 and over with a graduate degree7.1 percent
- Adults 25 and over9,093
- Population under 184,593
- Share under 1830.5 percent
- Population 65 and over2,249
- Share 65 and over14.9 percent
- Working age population, 18 to 648,214
- Civilian labor force7,219
- Unemployment rate2.4 percent
- Labor force participation, adults 18 and over69.0 percent
- Rank by population among Idaho counties22nd of 44
- Rank by population among US county-equivalents, Puerto Rico included2159th of 3,222
Franklin County is the 22nd largest of 44 Idaho counties by population. A median home costs 5.2 times median household income, which is severely unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 30.5 percent against 14.9 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, 202415,638
- Census 2020 base population14,194
- Population change since the 2020 census base10.17 percent
- Population change, 2023 to 2024122
- Births, 2024230
- Deaths, 2024145
- Natural change, 202485
- Net domestic migration, 202428
- Net international migration, 202411
- Total net migration, 202439
- Cumulative net domestic migration, 2021 to 2024946
- Rank by growth among US county-equivalents142nd of 3,144
The county has grown 10.17 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
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 arriving376
- People arriving, from those returns924
- Tax returns filed by households leaving263
- Net household movement113
- Adjusted gross income arriving$28.0 m
- Net adjusted gross income movement$15.6 m
- Average income of an arriving household$74,564
- Average income of a leaving household$47,293
- Largest single originCache County (143 households)
- Largest single destinationCache County (96 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Cache County | 143 | 354 | $8.3 m |
| Salt Lake County | 25 | 65 | $1.7 m |
Households arriving report $27,271 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 Cache 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$635.1 m
- County GDP, 2023$624.6 m
- GDP change, 2023 to 20241.7 percent
- GDP change over five years48.1 percent
- Rank by GDP among the Idaho areas BEA publishes30th of 44
- Rank by GDP among the US county areas BEA publishes2229th of 3,127
- GDP per resident$42,184
Output grew 1.7 percent in the latest year and 48.1 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 average4,087
- Establishments reporting561
- Average annual pay$44,391
- Average weekly wage$854
- Retail trade, employment547
- Retail trade, average annual pay$30,380
- Manufacturing, employment423
- Manufacturing, average annual pay$65,169
- Accommodation and food services, employment386
- Accommodation and food services, average annual pay$13,638
- Construction, employment316
- Construction, average annual pay$60,394
- Wholesale trade, employment150
- Professional, scientific and technical services, employment110
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 547 | 46 | $30,380 |
| Manufacturing | 423 | 27 | $65,169 |
| Accommodation and food services | 386 | 30 | $13,638 |
| Construction | 316 | 88 | $60,394 |
| Wholesale trade | 150 | 26 | $73,014 |
| Professional, scientific and technical services | 110 | 48 | $63,558 |
| Administrative and support and waste management services | 102 | 29 | $67,607 |
| Transportation and warehousing | 100 | 27 | $39,139 |
Retail trade is the largest private sector at 547 jobs, 13.4 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 industries372
- Employment at those establishments2,839
- Annual payroll$132.6 m
- Establishments per 1,000 residents24.7
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, 202475
- Declared construction value permitted$18.3 m
- Single family units authorized75
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$243,379
- Units authorized per 1,000 households15.2
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 recorded21
- 7(a) gross approval dollars$6.2 m
- Average 7(a) approval$295,233
- Median 7(a) approval$290,000
- 10th percentile approval$50,000
- 90th percentile approval$513,000
- Largest single approval$1,000,000
- Jobs reported supported, 7(a)173
- Jobs per approval8.2
- Distinct 7(a) lenders active6
- Distinct industries receiving approvals13
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer14.3 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter18
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countAll Other Miscellaneous Fabricated Metal Product Manufacturing (4)
- Most active lenderCache Valley Bank (13)
- 504 approvals recorded19
- 504 gross approval dollars$6.5 m
- Average 504 approval$340,789
- Median 504 approval$295,000
- Distinct CDCs active4
- 504 jobs per approval4.8
- 504 jobs per million dollars approved14.1
- Most active CDCMountain West Small Business Finance (16)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$12.7 m
The average approval of $295,233 sits close to the median of $290,000, so lending here is fairly evenly sized rather than driven by a few large deals. Only 14.3 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 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 recorded4
- Paid in full4
- Charged off0
- Status: Paid in full4
- Status: Exempt from disclosure13
- Status: Committed, not yet disbursed3
- Status: Cancelled1
Only 4 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 lending3
- Preston, approvals17
- Weston, approvals3
- Thatcher, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Preston | 17 | $4,835,700 |
| Weston | 3 | $1,344,200 |
| Thatcher | 1 | $20,000 |
Preston accounts for 17 approvals against 3 in Weston. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
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 area664 sq mi
- Rank by land area among Idaho counties37th of 44
- Width, east to west31.7 mi
- Height, north to south28.9 mi
- Geographies sharing a boundary5
- Residents per square mile of land23
- Establishments per square mile0.56
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 160060
- Communities in the county in the NFIP Community Status Book4
- Of those, participating in the NFIP3
- NFIP participation rate75.0 percent
- Communities carrying a CRS class0
- Radon levels in Franklin County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Franklin County (community 160060), 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 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 75.0 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 2020-202415,056
- Households4,932
- Average household size3.05
- Median household income$71,950
- Median age33.3
Common questions
Franklin County questions, answered from the record.
How many people live in Franklin County, Idaho?
The Census Bureau estimates 15,638 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 15,056, in 4,932 households, ranking 22nd of 44 Idaho 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 10.17 percent since the 2020 census base of 14,194, to 15,638 on July 1, 2024. In 2024 there were 230 births against 145 deaths, with net migration of 39. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Franklin County?
$71,950. The median owner-occupied home is valued at $372,600, which is 5.2 times income, and median gross rent is $894 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Franklin County?
372 establishments, employing 2,839 people with an annual payroll of $132.6 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?
Retail trade is the largest private sector at 547 jobs, 13.4 percent of covered employment. Covered employment averages 4,087 jobs at an average annual pay of $44,391, or $854 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?
21 7(a) approvals totaling $6.2 m since FY2020, across 6 lenders, with a median approval of $290,000, plus 19 504 approvals worth $6.5 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Franklin County?
75 housing units were authorized by permit in 2024, with a declared construction value of $18.3 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 2, a predicted average indoor radon screening level from 2 to 4 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 Cache County, with 143 households. Arriving households report an average income of $74,564 against $47,293 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.
6 Census places lie wholly or partly in Franklin County. All 6 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 |
|---|---|---|---|---|
| Preston | city | 5,928 | 17 | Wholly in this county |
| Franklin | city | 1,034 | None recorded | Wholly in this county |
| Clifton | city | 788 | None recorded | Wholly in this county |
| Weston | city | 569 | 3 | Wholly in this county |
| Dayton | city | 500 | None recorded | Wholly in this county |
| Oxford | city | 49 | None recorded | Wholly in this county |
A further 1 of the county's 21 SBA 7(a) approvals are to borrowers in cities that match no Census place in Franklin County, the largest being Thatcher (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