Income & Economy in Franklin city, LA (70538)
Median Income
$55,662
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+497
Wealth inflow
Population
12,561
Unemployment
2.4%
1.3pp below US avg
IRS migration statistics show a net inflow of about 497 for ZIP 70538 (Franklin city, LA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 70538 (2020–Present)
Since 2020, population declined 11.7%, median income rose 14.7% (inflation-adjusted), home values increased 4.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $55,662 |
| Unemployment | 2.4% |
| Establishments | 214 |
| Employees | 3,204 |