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EconPulse

Local economy signal dashboard

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PLACEStable

Franklinton, LA

Stable overall. GDP / Output is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

Post on XLinkedIn
Overall score59out of 100
Compare
100
34
33
60
85

Population

3,602

Data freshness

Unknown

GDP / Output

+23.3% YoY

100

$1.8B

Output changed +23.3% in 2024.

Vintage date unknown

State growth3.5%
U.S. growth5.3%

Jobs

Unemployment rate

34

5.8%

Unemployment is 5.8% for Latest available.

Vintage date unknown

State avg6.3%
U.S. avg4.1%

Population

-2.9% 5-year

33

3,602

Population moved -2.9% over the latest ACS window.

Vintage date unknown

State population4,611,961
U.S. population334,922,499

Housing

Rent share of income

60

28.3%

Median rent consumes 28.3% of median household income: Affordable.

Vintage date unknown

State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.2K per resident

85

$281.6M

$281.6M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$59.8B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$281.6M

$6.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$239.5M
2. Department of Veterans Affairs$32.6M
3. Department of Agriculture$4.9M

Top recipients

Dollars
1. BOGALUSA HOUSING AUTHORITY$4.1M
2. VALOR HEALTHCARE INC$2.3M
3. WASHINGTON PARISH OF$1.4M

Affordable

Housing Affordability

28.3%

of median income

1BR estimate$663
2BR estimate$873
Median income$34,235
Median home value$188,500

ACS context

Quick Facts

Population

3,602

Median age

37.4

Bachelor's degree+

6.7%

Poverty rate

20.7%

Labor force participation

54.1%

Prime rate

6.8%

CPI YoY

+3.0%

U.S. GDP YoY

+6.6%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-09-15

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

-0.6%

GDP CAGR

+10.8%

Federal flow

5 years

Population (5 years)
20203,709
20213,646
20223,638
20233,615
20243,602
GDP (5 years)
2020$1.1B
2021$1.2B
2022$1.4B
2023$1.4B
2024$1.8B

2-year linear forecast

Predictive Outlook

Population forecast

20243,602
20253,569 *
20263,544 *

R² = 87.6% · * projected

GDP forecast

2024$1.8B
2025$1.9B *
2026$2.0B *

R² = 94.6% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$34,235/yr
Median rent$808/mo
Rent share of income28.3%
Est. mortgage (30yr, 6.5%)$11,438/yr
Mortgage share of income33.4%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate5.8%
State avg6.3%
U.S. avg4.1%
Labor force participation54.1%
Poverty rate20.7%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$188,500
Median monthly rent$808
Price-to-rent ratio19.4x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateModerate
Composite score60/100
Economic growth100/100
Labor market34/100
Population momentum33/100
Overall stability59/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Franklinton town, Louisiana

City/Town

Part of

Bogalusa, LA

Nearby locations

Folsom, LABogalusa, LATylertown, MSRio, LAVarnado, LA