Market insights · North Carolina
Franklin County, NC: growth, migration and housing
Franklin County has 82,037 residents, up 18.8% since 2020 (+2.6% in the last year). In 2022–2023, 3,061 households moved in and 2,134 moved out (+927 net), bringing in a net $93.4M of income. Median household income is $74,240, the median home $284,300 and median rent $1,083 a month.
In North Carolina: 3rd of 100 counties for 5-year population growth · 4th of 100 counties for net in-migration (per resident) · 20th of 100 counties for median household income · 26th of 100 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) |
|---|---|---|
| Wake County, NC | 1,371 | $106.0M |
| Granville County, NC | 143 | $9.4M |
| Vance County, NC | 135 | $6.6M |
| Durham County, NC | 132 | $8.8M |
| Johnston County, NC | 82 | $6.3M |
| Nash County, NC | 65 | $2.4M |
| Warren County, NC | 29 | $1.3M |
| Cumberland County, NC | 23 | $1.2M |
Where leavers went
Top counties by households leaving Franklin County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Wake County, NC | 726 | $47.3M |
| Vance County, NC | 133 | $6.6M |
| Granville County, NC | 107 | $7.8M |
| Nash County, NC | 92 | $5.5M |
| Johnston County, NC | 67 | $3.0M |
| Durham County, NC | 48 | $2.3M |
| Warren County, NC | 38 | $1.5M |
| Mecklenburg County, NC | 30 | $1.5M |
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.