Market insights · Alabama
Franklin County, AL: growth, migration and housing
Franklin County has 32,449 residents, up 1.1% since 2020 (+0.8% in the last year). In 2022–2023, 524 households moved in and 628 moved out (-104 net), while a net $7.5M of income left. Median household income is $53,338, the median home $136,000 and median rent $676 a month.
In Alabama: 32nd of 67 counties for 5-year population growth · 53rd of 67 counties for net in-migration (per resident) · 36th of 67 counties for median household income · 41st of 67 counties for median home value.
Where new residents came from
Top counties by households (tax returns) moving to Franklin County, 2022–2023 (IRS).
| From | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Colbert County, AL | 104 | $4.2M |
| Marion County, AL | 51 | $2.0M |
| Lauderdale County, AL | 49 | $2.1M |
| Tishomingo County, MS | 36 | $1.5M |
| Winston County, AL | 28 | $1.2M |
| Itawamba County, MS | 26 | $0.8M |
Where leavers went
Top counties by households leaving Franklin County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Colbert County, AL | 142 | $8.2M |
| Marion County, AL | 70 | $2.6M |
| Lauderdale County, AL | 49 | $1.7M |
| Tishomingo County, MS | 33 | $1.2M |
| Winston County, AL | 32 | $1.1M |
| Itawamba County, MS | 25 | $0.8M |
| Lawrence County, AL | 22 | $1.5M |
| Madison County, AL | 20 | $0.9M |
BizyFi in Franklin County
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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.