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EconPulse

Local economy signal dashboard

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COUNTYThriving

Franklin County, OH

Thriving overall. Federal Funds is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score74out of 100
Compare
78
71
63
71
100

Population

1,333,048

Data freshness

Unknown

GDP / Output

+5.6% YoY

78

$142.0B

Output changed +5.6% in 2024.

Vintage date unknown

State growth4.4%
U.S. growth5.3%

Jobs

Unemployment rate

71

3.4%

Unemployment is 3.4% for March 2026.

Vintage date unknown

State avg3.9%
U.S. avg4.3%

Population

+2.2% 5-year

63

1,333,048

Population moved +2.2% over the latest ACS window.

Vintage date unknown

State population11,810,293
U.S. population334,922,499

Housing

Rent share of income

71

20.8%

Median rent consumes 20.8% of median household income: Affordable.

Vintage date unknown

State rent$1.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$8.5K per resident

100

$11.2B

$11.2B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$129.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$11.2B

$8.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$4.6B
2. Department of Education$1.9B
3. Department of Health and Human Services$1.4B

Top recipients

Dollars
1. OHIO DEPARTMENT OF EDUCATION$1.5B
2. OHIO DEPARTMENT OF DEVELOPMENT$905.2M
3. BATTELLE MEMORIAL INSTITUTE$379.3M

Affordable

Housing Affordability

20.8%

of median income

1BR estimate$1,068
2BR estimate$1,406
Median income$75,176
Median home value$288,400

ACS context

Quick Facts

Population

1,333,048

Median age

34.8

Bachelor's degree+

42.1%

Poverty rate

14.7%

Labor force participation

69.5%

Prime rate

6.8%

CPI YoY

+3.7%

U.S. GDP YoY

+6.0%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

March 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-05-25

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

+0.4%

GDP CAGR

+6.0%

Federal flow

5 years

Population (5 years)
20201,304,715
20211,313,598
20221,318,149
20231,321,635
20241,333,048
GDP (5 years)
2020$106.0B
2021$117.1B
2022$125.9B
2023$134.5B
2024$142.0B

2-year linear forecast

Predictive Outlook

Population forecast

20241,333,048
20251,337,640 *
20261,344,110 *

R² = 96.2% · * projected

GDP forecast

2024$142.0B
2025$151.9B *
2026$160.8B *

R² = 99.5% · * 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$75,176/yr
Median rent$1,302/mo
Rent share of income20.8%
Est. mortgage (30yr, 6.5%)$17,500/yr
Mortgage share of income23.3%

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

employment snapshot

Job Market

Unemployment rate3.4%
State avg3.9%
U.S. avg4.3%
Labor force participation69.5%
Poverty rate14.7%

Data from BLS LAUS / CPS. March 2026.

valuation snapshot

Real Estate

Median home value$288,400
Median monthly rent$1,302
Price-to-rent ratio18.5x

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

composite score

Investment Climate

Investment climateStrong
Composite score72/100
Economic growth78/100
Labor market71/100
Population momentum63/100
Overall stability74/100

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

Location Context

Franklin County, Ohio

County

Part of

Columbus, OH

Nearby locations

Columbus, OHGrandview Heights, OHMarble Cliff, OHValleyview, OHBexley, OH