Franklin Parish, Louisiana: commercial real estate data.
Franklin Parish, Louisiana had an estimated 19,107 residents on July 1, 2024, down 3.4 percent since the 2020 census base of 19,773, across 625 square miles. County output reached $619.1 m in 2024, 408 establishments operate here, and the SBA record carries 10 7(a) approvals worth $3.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Franklin Parish
How many people live in Franklin Parish
- Population, American Community Survey 2020-202419,408
- Households7,525
- Average household size2.58
- Median household income$47,020
- Median age39.2
- Median gross rent$721 per month
- Median owner-occupied home value$113,000
- Home value to household income2.4 times
- Annual rent as a share of median income18.4 percent
- Adults 25 and over with a bachelor degree or higher17.5 percent
- Adults 25 and over with a graduate degree5.6 percent
- Adults 25 and over13,045
- Population under 184,813
- Share under 1824.8 percent
- Population 65 and over3,825
- Share 65 and over19.7 percent
- Working age population, 18 to 6410,770
- Civilian labor force7,595
- Unemployment rate8.2 percent
- Labor force participation, adults 18 and over52.0 percent
- Rank by population among Louisiana parishes47th of 64
- Rank by population among US county-equivalents, Puerto Rico included1916th of 3,222
Franklin Parish is the 47th largest of 64 Louisiana parishes by population. A median home costs 2.4 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 24.8 percent against 19.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Franklin Parish
Is Franklin Parish's population growing?
- Population, July 1, 202419,107
- Census 2020 base population19,773
- Population change since the 2020 census base-3.37 percent
- Population change, 2023 to 2024-158
- Births, 2024221
- Deaths, 2024293
- Natural change, 2024-72
- Net domestic migration, 2024-94
- Net international migration, 20249
- Total net migration, 2024-85
- Cumulative net domestic migration, 2021 to 2024-321
- Rank by growth among US county-equivalents2799th of 3,144
The county has lost 3.37 percent of its population since the 2020 census base. The population fell in 2024 from both sources: deaths exceeded births and more people left than moved in.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Franklin Parish
Where are people moving to Franklin Parish from?
- Tax returns filed by households arriving292
- People arriving, from those returns546
- Tax returns filed by households leaving348
- Net household movement-56
- Adjusted gross income arriving$10.9 m
- Net adjusted gross income movement$-2.2 m
- Average income of an arriving household$37,171
- Average income of a leaving household$37,514
- Largest single originRichland Parish (63 households)
- Largest single destinationOuachita Parish (86 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Richland Parish | 63 | 130 | $2.2 m |
| Ouachita Parish | 58 | 106 | $1.8 m |
Households arriving report $343 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Richland Parish, 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 Parish
What is the Franklin Parish economy?
- County GDP, 2024$619.1 m
- County GDP, 2023$655.5 m
- GDP change, 2023 to 2024-5.6 percent
- GDP change over five years21.5 percent
- Rank by GDP among the Louisiana areas BEA publishes54th of 64
- Rank by GDP among the US county areas BEA publishes2248th of 3,127
- GDP per resident$31,898
Output grew -5.6 percent in the latest year and 21.5 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 Parish
Employment by industry in Franklin Parish
- Covered employment, annual average4,650
- Establishments reporting491
- Average annual pay$38,451
- Average weekly wage$739
- Retail trade, employment868
- Retail trade, average annual pay$31,762
- Accommodation and food services, employment343
- Accommodation and food services, average annual pay$16,433
- Manufacturing, employment194
- Manufacturing, average annual pay$24,393
- Finance and insurance, employment150
- Finance and insurance, average annual pay$54,210
- Professional, scientific and technical services, employment120
- Construction, employment118
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 868 | 86 | $31,762 |
| Accommodation and food services | 343 | 29 | $16,433 |
| Manufacturing | 194 | 11 | $24,393 |
| Finance and insurance | 150 | 38 | $54,210 |
| Professional, scientific and technical services | 120 | 43 | $49,983 |
| Construction | 118 | 37 | $36,758 |
| Wholesale trade | 104 | 20 | $74,865 |
| Transportation and warehousing | 84 | 20 | $54,553 |
Retail trade is the largest private sector at 868 jobs, 18.7 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Franklin Parish
How many businesses are in Franklin Parish?
- Establishments, all industries408
- Employment at those establishments3,587
- Annual payroll$132.5 m
- Establishments per 1,000 residents21.0
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 Parish
Building permits in Franklin Parish
- Housing units authorized by permit, 202414
- Declared construction value permitted$5.3 m
- Single family units authorized14
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$380,349
- Units authorized per 1,000 households1.9
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 Parish
SBA loans in Franklin Parish (7(a) and 504)
- 7(a) approvals recorded10
- 7(a) gross approval dollars$3.5 m
- Average 7(a) approval$354,080
- Median 7(a) approval$37,500
- Largest single approval$2,610,000
- Jobs reported supported, 7(a)62
- Jobs per approval6.2
- Distinct 7(a) lenders active7
- Distinct industries receiving approvals7
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer10.0 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter9
- Franchise loans1
- Franchise share of approvals10.0 percent
- Leading industry by approval countTax Preparation Services (4)
- Most active lenderNortheast Bank (3)
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Franklin Parish
SBA loan default and charge-off rates in Franklin Parish
Do SBA loans in Franklin Parish get paid back?
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure7
- Status: Cancelled2
- Status: Committed, not yet disbursed1
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 Parish
How large is Franklin Parish?
- Land area625 sq mi
- Rank by land area among Louisiana parishes34th of 64
- Width, east to west24.5 mi
- Height, north to south36.1 mi
- Geographies sharing a boundary5
- Residents per square mile of land31
- Establishments per square mile0.65
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 Parish
Flood risk in Franklin Parish
- Participation of the county's own NFIP community Franklin Parish, unincorporated areasParticipating, community 220071
- Communities in the county in the NFIP Community Status Book5
- Of those, participating in the NFIP5
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Franklin Parish, 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 Parish (community 220071), 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 Parish 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. 100.0 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 Parish 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 Parish site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202419,408
- Households7,525
- Average household size2.58
- Median household income$47,020
- Median age39.2
Common questions
Franklin Parish questions, answered from the record.
How many people live in Franklin Parish, Louisiana?
The Census Bureau estimates 19,107 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 19,408, in 7,525 households, ranking 47th of 64 Louisiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Franklin Parish's population growing?
The population has fallen 3.37 percent since the 2020 census base of 19,773, to 19,107 on July 1, 2024. In 2024 there were 221 births against 293 deaths, with net migration of -85. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Franklin Parish?
$47,020. The median owner-occupied home is valued at $113,000, which is 2.4 times income, and median gross rent is $721 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Franklin Parish?
408 establishments, employing 3,587 people with an annual payroll of $132.5 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 Parish?
Retail trade is the largest private sector at 868 jobs, 18.7 percent of covered employment. Covered employment averages 4,650 jobs at an average annual pay of $38,451, or $739 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Franklin Parish?
10 7(a) approvals totaling $3.5 m since FY2020, across 7 lenders, with a median approval of $37,500. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Franklin Parish?
14 housing units were authorized by permit in 2024, with a declared construction value of $5.3 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Franklin Parish?
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 Parish come from?
The largest single origin is Richland Parish, with 63 households. Arriving households report an average income of $37,171 against $37,514 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 Parish 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 Parish?
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 Parish
Cities and places in Franklin.
4 Census places lie wholly or partly in Franklin Parish. All 4 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 |
|---|---|---|---|---|
| Winnsboro | city | 4,725 | 10 | Wholly in this county |
| Wisner | town | 965 | None recorded | Wholly in this county |
| Gilbert | village | 294 | None recorded | Wholly in this county |
| Baskin | village | 143 | None recorded | Wholly in this county |
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