News

QuantaLoan Market Research

USA!
USA
flag
Virginia
Counties of
Virginia
  The population of Franklin county is estimated at 56,159. In 2017 there were 512 births and 632 deaths in Franklin county. Franklin county has 10,744 housing units that are owned with a mortgage or a loan, 7,130 that are owned free and clear and 4,906 that are renter occupied.


  The good residents of Franklin County filed 24,040 federal tax returns in 2017. This amount represents 0.6% of all Virginia filings and 0.016% of the entire nation. Franklin had a combined total federal tax liability of $182,411,000 on earned income of $1,285,374,000. Other notable statistics from Franklin County were 540 unemployment claims which collected a total of $1,831,000 and 5,060 charitable contributions valued at $26,385,000. 5,600 filings from Franklin County paid a combined total of $13,153,000 in property taxes and 4,620 filings paid $37,132,000 on mortgage interest costs.

  In 2010 Franklin county had 105 religious congregations with an estimated 24,209 members.

20.7% of the Franklin population has a college level Bachelors degree or higher. 13.8% have less than a highschool diploma level education.


Approximately 48% of Franklin County voted in the presidential election of 2016. This represents an increase from the 2012 election by 172 votes.

At $51,031 the median income is 71.4% of the Virginia average. An estimated 1,039 people claimed to be unemployed last year in Franklin, the equivalant of around 4.0% of the county population. This represents a decrease in the level of unemployment from the previous year's value of 4.3%.


Top 15 Industries in Franklin County.
Total # EmployedIndustry Job Type
2,440Manufacturing
1,857Retail trade
1,471Plastics and rubber products manufacturing
1,471Plastics product manufacturing
1,382Administrative and support and waste management and remediation services
1,345Administrative and support services
958Accommodation and food services
854Restaurants and other eating places
574Services to buildings and dwellings
502Limited-service restaurants
441Janitorial services
424Wholesale trade
354Wood product manufacturing
342Full-service restaurants
335Merchant wholesalers, durable goods


In 2018 the average price reduction was 3.64% in Franklin County (averaging across 3 zip codes; 24151, 24137 and 24101).

In 2018 9.02% of listings in Franklin County (averaging across 5 zip codes; 24137, 24184, 24151, 24101 and 24176) dropped their price.


Interested in adding housing statistics for Franklin County to your website? Click here for the QuantaLoan.com county widget code for Franklin, Virginia.