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Franklin

Franklin is a developing city where you will experience exceptional transportation corridors to the Port of Virginia, a Regional Workforce Development Center, ample real estate zoned for commercial use, a passion for start up business growth and convenient access to the greater Hampton Roads' quality of life. Here, you can enjoy a community where small town amenities abound, including a community college, hospital, country club and business incubator as well as many public parks, museums and beautiful scenic rivers.

Population
Economic Area Population 
Franklin 8,564
Virginia 8,410,175
United States 319,857,056

Economic Modeling Specialists International (EMSI), 2015

Percent of Population by Age Group
Age Range Percent of Population
Under 18 23.20%
18-34 20.20%
35-54 23.40%
55+ 33.20%
Median Age 41
Gender  
Male 45%
Female 55%

Esri Business Analyst Online 2015 Detailed Age Profile

Median Household Income
Year Amount
2015 $31,070
2020 Forecast $36,887

Esri Business Analyst Online, 2015 Forecast

Educational Attainment Ages 25+
Franklin Percent
At Least a High School Diploma 81.30%
At Least Some College 55.40%
Bachelor's Degree or Higher 22.00%
United States  
At Least a High School Diploma 87.80%
At Least Some College 61.10%
Bachelor's Degree or Higher 30.50%

Esri Business Analyst Online 2015 Market Profile

Labor Force
  Amount
Civilian Labor Force 3,626
Employed 3,428
Unemployed 198
Unemployment Rate 5.5%

U.S. Bureau of Labor Statistics, April 2016

Largest Employment by Industry Sector
Industry Number of Employees Percent of Workforce
Healthcare and Social Assistance 1,065 32.00%
Retail Trade 1,047 31.47%
Government 1,001 30.09%
Accommodation and Food Services 404 12.14%
Services 231 6.94%
Finance and Insurance 163 4.90%

Virginia Employment Commission, 2015

Largest Private Employers
Employer
Southampton Memorial Hospital
Paul D. Camp Community College
Wal-Mart Stores, Inc.
Food Lion, Inc.
Care Advantage
Contact Information
Ms. Amanda Jarratt, President & CEO
Franklin Southampton Economic Development, Inc.
601 North Mechanic Street
Franklin, Virginia 23851
(P) 757-516-7709
(F) 757-562-0486
www.fsediva.com
ajarratt@franklinsouthamptonva.com
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