HomeWashingtonFranklin County
Franklin County, Washington: commercial real estate data.
Franklin County, Washington had an estimated 101,238 residents on July 1, 2024, up 4.6 percent since the 2020 census base of 96,747, across 1,242 square miles. County output reached $5.78 bn in 2024, 1,968 establishments operate here, and the SBA record carries 90 7(a) approvals worth $38.2 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 2020-202498,902
- Households29,890
- Average household size3.31
- Median household income$86,714
- Median age30.9
- Median gross rent$1,198 per month
- Median owner-occupied home value$379,300
- Home value to household income4.4 times
- Annual rent as a share of median income16.6 percent
- Adults 25 and over with a bachelor degree or higher21.1 percent
- Adults 25 and over with a graduate degree7.8 percent
- Adults 25 and over58,009
- Population under 1830,565
- Share under 1830.9 percent
- Population 65 and over10,257
- Share 65 and over10.4 percent
- Working age population, 18 to 6458,080
- Civilian labor force47,278
- Unemployment rate5.4 percent
- Labor force participation, adults 18 and over69.2 percent
- Rank by population among Washington counties14th of 39
- Rank by population among US county-equivalents, Puerto Rico included627th of 3,222
Franklin County is the 14th largest of 39 Washington counties by population. A median home costs 4.4 times median household income, which is seriously unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 30.9 percent against 10.4 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, 2024101,238
- Census 2020 base population96,747
- Population change since the 2020 census base4.64 percent
- Population change, 2023 to 20241,684
- Births, 20241,417
- Deaths, 2024547
- Natural change, 2024870
- Net domestic migration, 2024-220
- Net international migration, 20241,030
- Total net migration, 2024810
- Cumulative net domestic migration, 2021 to 2024-1,822
- Rank by growth among US county-equivalents589th of 3,144
The county has grown 4.64 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 arriving2,852
- People arriving, from those returns5,384
- Tax returns filed by households leaving2,987
- Net household movement-135
- Adjusted gross income arriving$168.0 m
- Net adjusted gross income movement$-5.8 m
- Average income of an arriving household$58,910
- Average income of a leaving household$58,184
- Largest single originBenton County (1,356 households)
- Largest single destinationBenton County (1,537 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Benton County | 1,356 | 2,608 | $75.0 m |
| Yakima County | 142 | 255 | $6.4 m |
| Grant County | 110 | 205 | $4.0 m |
| Walla Walla County | 90 | 163 | $4.7 m |
| King County | 78 | 134 | $5.6 m |
| Spokane County | 73 | 116 | $4.7 m |
| Umatilla County | 63 | 114 | $2.8 m |
| Adams County | 59 | 127 | $2.8 m |
Households arriving report $726 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 Benton 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$5.78 bn
- County GDP, 2023$5.40 bn
- GDP change, 2023 to 20247.1 percent
- GDP change over five years38.0 percent
- Rank by GDP among the Washington areas BEA publishes15th of 39
- Rank by GDP among the US county areas BEA publishes661st of 3,127
- GDP per resident$58,415
Output grew 7.1 percent in the latest year and 38.0 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 average37,554
- Establishments reporting2,379
- Average annual pay$57,266
- Average weekly wage$1,101
- Manufacturing, employment4,611
- Manufacturing, average annual pay$59,826
- Retail trade, employment3,775
- Retail trade, average annual pay$44,397
- Health care and social assistance, employment3,178
- Health care and social assistance, average annual pay$54,191
- Construction, employment2,670
- Construction, average annual pay$66,491
- Accommodation and food services, employment2,260
- Administrative and support and waste management services, employment1,178
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 4,611 | 59 | $59,826 |
| Retail trade | 3,775 | 190 | $44,397 |
| Health care and social assistance | 3,178 | 246 | $54,191 |
| Construction | 2,670 | 425 | $66,491 |
| Accommodation and food services | 2,260 | 158 | $27,306 |
| Administrative and support and waste management services | 1,178 | 150 | $48,577 |
| Other services, except public administration | 651 | 134 | $52,723 |
| Professional, scientific and technical services | 646 | 153 | $63,555 |
Manufacturing is the largest private sector at 4,611 jobs, 12.3 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 industries1,968
- Employment at those establishments24,069
- Annual payroll$1.30 bn
- Establishments per 1,000 residents19.9
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, 2024974
- Declared construction value permitted$224.1 m
- Single family units authorized446
- Multifamily units authorized528
- Multifamily share of units54.2 percent
- Average declared value per unit$230,081
- Units authorized per 1,000 households32.6
Multifamily is 54.2 percent of units authorized, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Franklin County
SBA loans in Franklin County (7(a) and 504)
- 7(a) approvals recorded90
- 7(a) gross approval dollars$38.2 m
- Average 7(a) approval$424,660
- Median 7(a) approval$137,250
- 10th percentile approval$25,000
- 90th percentile approval$1,387,500
- Largest single approval$3,300,000
- Jobs reported supported, 7(a)916
- Jobs per approval10.2
- Distinct 7(a) lenders active28
- Distinct industries receiving approvals57
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer13.3 percent
- Loans on real estate terms12
- Loans on working capital terms, 120 months or shorter75
- Franchise loans7
- Franchise share of approvals7.8 percent
- Leading industry by approval countFull-Service Restaurants (5)
- Most active lenderBanner Bank (18)
- 504 approvals recorded37
- 504 gross approval dollars$35.8 m
- Average 504 approval$966,649
- Median 504 approval$711,000
- Distinct CDCs active4
- 504 jobs per approval8.1
- 504 jobs per million dollars approved8.4
- Most active CDCNorthwest Business Development Association (21)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$74.0 m
The average approval of $424,660 sits well above the median of $137,250, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 13.3 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 recorded26
- Paid in full24
- Charged off2
- Status: Paid in full24
- Status: Cancelled11
- Status: Exempt from disclosure46
- Status: Charged off2
- Status: Committed, not yet disbursed7
Only 26 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 lending5
- Pasco, approvals83
- Mesa, approvals3
- Connell, approvals2
- Kennewick, approvals1
- Basin City, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Pasco | 83 | $36,199,200 |
| Mesa | 3 | $1,550,000 |
| Connell | 2 | $370,200 |
| Kennewick | 1 | $75,000 |
| Basin City | 1 | $25,000 |
Pasco accounts for 83 approvals against 3 in Mesa. 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 area1,242 sq mi
- Rank by land area among Washington counties27th of 39
- Width, east to west59.2 mi
- Height, north to south37.7 mi
- Geographies sharing a boundary6
- Residents per square mile of land80
- Establishments per square mile1.58
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 530044
- 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 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 530044), 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. 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 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 2020-202498,902
- Households29,890
- Average household size3.31
- Median household income$86,714
- Median age30.9
Common questions
Franklin County questions, answered from the record.
How many people live in Franklin County, Washington?
The Census Bureau estimates 101,238 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 98,902, in 29,890 households, ranking 14th of 39 Washington 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 4.64 percent since the 2020 census base of 96,747, to 101,238 on July 1, 2024. In 2024 there were 1,417 births against 547 deaths, with net migration of 810. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Franklin County?
$86,714. The median owner-occupied home is valued at $379,300, which is 4.4 times income, and median gross rent is $1,198 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Franklin County?
1,968 establishments, employing 24,069 people with an annual payroll of $1.30 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 4,611 jobs, 12.3 percent of covered employment. Covered employment averages 37,554 jobs at an average annual pay of $57,266, or $1,101 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?
90 7(a) approvals totaling $38.2 m since FY2020, across 28 lenders, with a median approval of $137,250, plus 37 504 approvals worth $35.8 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Franklin County?
974 housing units were authorized by permit in 2024, with a declared construction value of $224.1 m. Multifamily was 54.2 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 Benton County, with 1,356 households. Arriving households report an average income of $58,910 against $58,184 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 |
|---|---|---|---|---|
| Pasco | city | 79,575 | 83 | Wholly in this county |
| Connell | city | 5,054 | 2 | Wholly in this county |
| Basin City | CDP | 1,176 | 1 | Wholly in this county |
| West Pasco | CDP | 1,122 | None recorded | Wholly in this county |
| Mesa | city | 502 | 3 | Wholly in this county |
| Kahlotus | city | 124 | None recorded | Wholly in this county |
A further 1 of the county's 90 SBA 7(a) approvals are to borrowers in cities that match no Census place in Franklin County, the largest being Kennewick (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