HomeNorth CarolinaMacon CountyFranklin
Franklin, North Carolina: commercial real estate data.
Franklin is a Census town of 4,268 people across 4.94 square miles of land, in Macon County. Median household income is $47,888, 58.2 percent of occupied homes are owned, and the SBA record carries 26 7(a) approvals to borrowers here worth $18.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Franklin
What Franklin is
- Census place typetown
- Land area4.94 sq mi
- Water area0.09 sq mi
- Population per square mile of land863
- County holding the largest share of its areaMacon County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
How many people live in Franklin
- Population4,268
- Median age48.1
- Population under 18605 plus or minus 196
- Share under 1814.2 percent plus or minus 4.6
- Population 65 and over1,228 plus or minus 270
- Share 65 and over28.8 percent plus or minus 6.3
- Households2,284
- Family households1,270
- Share of households that are families55.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
Income and work in Franklin
- Median household income$47,888
- Per capita income$33,501
- Civilian labor force1,981
- Employed1,935
- Unemployed46 plus or minus 38
- Unemployment rate2.3 percent plus or minus 1.9
- Adults 25 and over3,278
- Adults 25 and over with a high school diploma or higher85.4 percent
- Adults 25 and over with a bachelor degree or higher25.6 percent plus or minus 6.4
- Adults 25 and over with a graduate degree8.7 percent plus or minus 4.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
Housing in Franklin
- Housing units2,527
- Occupied units2,284
- Vacant units243 plus or minus 139
- Vacancy rate9.6 percent plus or minus 5.4
- Owner occupied1,329
- Renter occupied955 plus or minus 241
- Ownership rate58.2 percent
- Median owner-occupied home value$195,000
- Median gross rent, monthly$725
- Annual rent as a share of median income18.2 percent
- Single family units1,709
- Share single family67.6 percent
- Units in buildings of two or more698 plus or minus 235
- Share in buildings of two or more27.6 percent plus or minus 8.8
- Mobile homes120 plus or minus 77
- Median year structure built1981
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
How Franklin gets to work
- Workers 16 and over who commute1,849
- Commuting under 15 minutes954 plus or minus 229
- Share commuting under 15 minutes51.6 percent
- Commuting 30 minutes or more711 plus or minus 224
- Share commuting 30 minutes or more38.5 percent plus or minus 10.8
- Drove alone85.1 percent
- Carpooled9.1 percent plus or minus 6.7
- Public transport0.0 percent
- Walked0.8 percent plus or minus 1.2
- Worked from home5.0 percent plus or minus 3.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
SBA loans in Franklin (7(a))
- Approvals26
- Gross approval$18,128,100
- Average approval$697,235
- Median approval$187,500
- Ninetieth percentile approval$1,971,850
- Largest approval$5,000,000
- Jobs supported232
- Jobs per approval8.9
- Loans with a final outcome5
- Paid in full4
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more15.4 percent
- Share to franchises15.4 percent
- Distinct lenders16
- Distinct industries by NAICS21
Counted by borrower city: approvals to borrowers whose address is in Franklin, in any county, FY2020 to FY2026. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Franklin
SBA loans in Franklin (504)
- Approvals1
- Gross approval$1,487,000
- Average approval$1,487,000
- Median approval$1,487,000
- Largest approval$1,487,000
- Jobs supported8
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Franklin, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Franklin
Flood risk in Franklin
- NFIP communityTown of Franklin
- NFIP community number375350
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date04/19/10
The Town of Franklin participates in the National Flood Insurance Program as community 375350 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Macon County, not Franklin
Macon County context, not Franklin figures
- Establishments in Macon County1,282
- Covered employment, Macon County12,334
- Average annual pay, Macon County$46,461
- Housing units permitted, Macon County218
Every figure in this section is published for Macon County as a whole and is not a measurement of Franklin.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, 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 →
Common questions
Franklin questions, answered from the record.
How many people live in Franklin, North Carolina?
4,268, in 2,284 households. Franklin town covers 4.94 square miles of land, which is 863 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Franklin in?
Macon County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Franklin?
$47,888. The median owner-occupied home is valued at $195,000. Median gross rent is $725 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Franklin businesses?
26 7(a) approvals totaling $18.1 m since FY2020, across 16 lenders, median approval $187,500, plus 1 504 approvals worth $1.5 m since FY2010. These count approvals to borrowers whose address is in Franklin, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Franklin borrowers get paid back?
No rate is published for Franklin. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Franklin in the National Flood Insurance Program?
Yes. Franklin appears in the FEMA Community Status Book as Franklin, town of, community 375350, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Franklin figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Macon County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Franklin.
Is zoning published for Franklin?
No. Nothing on this page presents parcel level zoning.