Franklin County, Missouri: commercial real estate data.
Franklin County, Missouri had an estimated 107,256 residents on July 1, 2024, up 2.5 percent since the 2020 census base of 104,688, across 923 square miles. County output reached $6.42 bn in 2024, 2,702 establishments operate here, and the SBA record carries 124 7(a) approvals worth $52.3 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 2020-2024105,950
- Households43,036
- Average household size2.46
- Median household income$73,165
- Median age41.8
- Median gross rent$893 per month
- Median owner-occupied home value$227,600
- Home value to household income3.1 times
- Annual rent as a share of median income14.6 percent
- Adults 25 and over with a bachelor degree or higher23.7 percent
- Adults 25 and over with a graduate degree7.9 percent
- Adults 25 and over74,651
- Population under 1823,693
- Share under 1822.4 percent
- Population 65 and over20,343
- Share 65 and over19.2 percent
- Working age population, 18 to 6461,914
- Civilian labor force52,951
- Unemployment rate4.3 percent
- Labor force participation, adults 18 and over64.4 percent
- Rank by population among Missouri counties12th of 115
- Rank by population among US county-equivalents, Puerto Rico included592nd of 3,222
Franklin County is the 12th largest of 115 Missouri counties by population. A median home costs 3.1 times median household income, which is moderately unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 22.4 percent against 19.2 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, 2024107,256
- Census 2020 base population104,688
- Population change since the 2020 census base2.45 percent
- Population change, 2023 to 2024812
- Births, 20241,072
- Deaths, 20241,265
- Natural change, 2024-193
- Net domestic migration, 2024924
- Net international migration, 202481
- Total net migration, 20241,005
- Cumulative net domestic migration, 2021 to 20243,086
- Rank by growth among US county-equivalents1019th of 3,144
The county has grown 2.45 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 arriving2,519
- People arriving, from those returns4,652
- Tax returns filed by households leaving2,124
- Net household movement395
- Adjusted gross income arriving$166.5 m
- Net adjusted gross income movement$17.3 m
- Average income of an arriving household$66,100
- Average income of a leaving household$70,240
- Largest single originSt. Louis County (540 households)
- Largest single destinationSt. Louis County (360 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| St. Louis County | 540 | 947 | $56.3 m |
| Jefferson County | 283 | 533 | $14.2 m |
| Crawford County | 197 | 383 | $8.1 m |
| St. Charles County | 178 | 332 | $12.2 m |
| St. Louis city | 104 | 160 | $7.1 m |
| Warren County | 91 | 181 | $6.4 m |
| Gasconade County | 87 | 161 | $3.8 m |
| Washington County | 45 | 85 | $1.4 m |
Households arriving report $4,140 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is St. Louis 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$6.42 bn
- County GDP, 2023$6.31 bn
- GDP change, 2023 to 20241.7 percent
- GDP change over five years26.3 percent
- Rank by GDP among the Missouri areas BEA publishes13th of 115
- Rank by GDP among the US county areas BEA publishes619th of 3,127
- GDP per resident$60,582
Output grew 1.7 percent in the latest year and 26.3 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 average39,312
- Establishments reporting3,016
- Average annual pay$51,695
- Average weekly wage$994
- Manufacturing, employment9,077
- Manufacturing, average annual pay$64,225
- Retail trade, employment5,131
- Retail trade, average annual pay$33,477
- Health care and social assistance, employment4,112
- Health care and social assistance, average annual pay$66,586
- Accommodation and food services, employment3,767
- Accommodation and food services, average annual pay$21,799
- Construction, employment2,846
- Transportation and warehousing, employment1,607
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 9,077 | 209 | $64,225 |
| Retail trade | 5,131 | 349 | $33,477 |
| Health care and social assistance | 4,112 | 460 | $66,586 |
| Accommodation and food services | 3,767 | 236 | $21,799 |
| Construction | 2,846 | 444 | $59,438 |
| Transportation and warehousing | 1,607 | 89 | $49,687 |
| Administrative and support and waste management services | 1,236 | 140 | $40,483 |
| Professional, scientific and technical services | 1,235 | 186 | $56,765 |
Manufacturing is the largest private sector at 9,077 jobs, 23.1 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 industries2,702
- Employment at those establishments35,466
- Annual payroll$1.75 bn
- Establishments per 1,000 residents25.5
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, 2024661
- Declared construction value permitted$196.5 m
- Single family units authorized501
- Multifamily units authorized160
- Multifamily share of units24.2 percent
- Average declared value per unit$297,284
- Units authorized per 1,000 households15.4
Single-family homes are 75.8 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 recorded124
- 7(a) gross approval dollars$52.3 m
- Average 7(a) approval$421,685
- Median 7(a) approval$183,200
- 10th percentile approval$25,600
- 90th percentile approval$1,143,660
- Largest single approval$3,403,000
- Jobs reported supported, 7(a)1,158
- Jobs per approval9.3
- Distinct 7(a) lenders active33
- Distinct industries receiving approvals74
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer18.5 percent
- Loans on real estate terms23
- Loans on working capital terms, 120 months or shorter93
- Franchise loans13
- Franchise share of approvals10.5 percent
- Most active lenderSullivan Bank (27)
- 504 approvals recorded57
- 504 gross approval dollars$40.6 m
- Average 504 approval$712,544
- Median 504 approval$372,000
- Distinct CDCs active6
- 504 jobs per approval9.4
- 504 jobs per million dollars approved13.2
- Most active CDCSt. Charles County Economic Development Council (39)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$92.9 m
The average approval of $421,685 sits well above the median of $183,200, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 18.5 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 recorded36
- Paid in full34
- Charged off2
- Charge-off rate on resolved loans5.6 percent
- Status: Paid in full34
- Status: Charged off2
- Status: Cancelled10
- Status: Exempt from disclosure73
- Status: Committed, not yet disbursed5
Of the 36 loans that have reached a final outcome, 5.6 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
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 lending13
- Washington, approvals24
- Sullivan, approvals24
- Union, approvals22
- St. Clair, approvals17
- Pacific, approvals16
- Gerald, approvals5
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Washington | 24 | $16,455,000 |
| Sullivan | 24 | $7,098,600 |
| Union | 22 | $10,379,900 |
| St. Clair | 17 | $4,793,800 |
| Pacific | 16 | $5,634,700 |
| Gerald | 5 | $4,614,000 |
| Saint Albans | 4 | $455,300 |
| Villa Ridge | 3 | $417,800 |
| 5 other borrower cities | 9 | $2,439,800 |
Washington accounts for 24 approvals against 24 in Sullivan. 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 area923 sq mi
- Rank by land area among Missouri counties4th of 115
- Width, east to west34.5 mi
- Height, north to south34.7 mi
- Geographies sharing a boundary7
- Residents per square mile of land115
- Establishments per square mile2.93
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 290493
- Communities in the county in the NFIP Community Status Book12
- Of those, participating in the NFIP10
- NFIP participation rate83.3 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 290493), 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. 83.3 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 2020-2024105,950
- Households43,036
- Average household size2.46
- Median household income$73,165
- Median age41.8
Common questions
Franklin County questions, answered from the record.
How many people live in Franklin County, Missouri?
The Census Bureau estimates 107,256 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 105,950, in 43,036 households, ranking 12th of 115 Missouri 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 2.45 percent since the 2020 census base of 104,688, to 107,256 on July 1, 2024. In 2024 there were 1,072 births against 1,265 deaths, with net migration of 1,005. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Franklin County?
$73,165. The median owner-occupied home is valued at $227,600, which is 3.1 times income, and median gross rent is $893 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Franklin County?
2,702 establishments, employing 35,466 people with an annual payroll of $1.75 bn. 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 9,077 jobs, 23.1 percent of covered employment. Covered employment averages 39,312 jobs at an average annual pay of $51,695, or $994 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?
124 7(a) approvals totaling $52.3 m since FY2020, across 33 lenders, with a median approval of $183,200, plus 57 504 approvals worth $40.6 m since FY2010. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Franklin County get paid back?
Of the 36 loans that have reached a final outcome, 34 were paid in full and 2 charged off, a charge-off rate of 5.6 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Franklin County?
661 housing units were authorized by permit in 2024, with a declared construction value of $196.5 m. Multifamily was 24.2 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 St. Louis County, with 540 households. Arriving households report an average income of $66,100 against $70,240 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.
17 Census places lie wholly or partly in Franklin County. 16 carry enough published place level data for a page of their own and are linked. The rest are named here and not linked, because the American Community Survey and the SBA record between them do not carry enough about them to write an honest page. A place existing is itself worth knowing, so nothing in the county is left out.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Washington | city | 15,130 | 24 | Wholly in this county |
| Union | city | 12,781 | 22 | Wholly in this county |
| Pacific | city | 7,475 | 16 | 80.7 percent here, 19.3 percent St. Louis County |
| Sullivan | city | 6,310 | 24 | 70.6 percent here, 29.4 percent Crawford County |
| St. Clair | city | 4,789 | 17 | Wholly in this county |
| New Haven | city | 3,302 | None recorded | Wholly in this county |
| Gray Summit | CDP | 2,991 | 2 | Wholly in this county |
| Villa Ridge | CDP | 2,835 | 3 | Wholly in this county |
| Gerald | city | 1,368 | 5 | Wholly in this county |
| Lake St. Clair | CDP | 872 | None recorded | Wholly in this county |
| Parkway | village | 624 | None recorded | Wholly in this county |
| Oak Grove Village | village | 347 | None recorded | Wholly in this county |
| Stanton | CDP | 175 | None recorded | Wholly in this county |
| Berger | city | 169 | None recorded | Wholly in this county |
| Miramiguoa Park | village | 155 | None recorded | Wholly in this county |
| Leslie | village | 91 | 1 | Wholly in this county |
| Charmwood | town | 0 | None recorded | Wholly in this county |
A further 10 of the county's 124 SBA 7(a) approvals are to borrowers in cities that match no Census place in Franklin County, the largest being Saint Albans (4), Beaufort (3), Labadie (2). 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.