Franklin County, North Carolina
Income Data
At a Glance
How Franklin County Compares
Detailed Income Statistics
Data Story
About Household Income in Franklin County, North Carolina
Franklin leads state income rankings
Franklin County's median household income of $71,386 ranks among North Carolina's highest and approaches the national median of $74,755, falling just 5% behind. The county outperforms 93% of North Carolina counties in household earnings.
Top earners in North Carolina
At $71,386, Franklin's median household income ranks it in the top tier of North Carolina counties, exceeding the state average of $61,072 by 17%. Per capita income of $33,957 nearly matches the state average, reflecting strong wage distribution.
Franklin outearns most peers
Franklin's $71,386 leads neighboring Granville County ($70,975) and significantly outpaces Edgecombe ($48,480) and Greene ($50,904) to the east. The county's economic strength reflects a competitive advantage in the regional market.
Best affordability in the region
Franklin's rent-to-income ratio of 16.6% ranks among the lowest in the data, well below the 20% affordability threshold, indicating strong rental purchasing power. A median home value of $240,900 remains accessible to median-income households.
Capitalize on strong earnings
With $71,386 median income, Franklin households can comfortably save 20%+ annually ($14,277) while maintaining quality of life. High-yield savings accounts, index fund investing, and mortgage acceleration strategies position Franklin families to build generational wealth.
Frequently Asked Questions
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How does Franklin County compare to the North Carolina average?
What is the per capita income in Franklin County, North Carolina?
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How does Franklin County rank for income in North Carolina?
Income Comparison Calculator
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Your income is above the Franklin County median
County median: $71,386 per year
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vs. State Average
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vs. National Median
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Income Adequacy
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.