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Franklin County, VT

RANK #463 / 1001 NAT  ·  POP 50,638

1YR FORECAST: -0.1%

5YR OUTLOOK: +29%

Franklin County's housing market is projected to grow -0.1% over the next year, tracking near the national average.

[01] Why Franklin County?

Franklin County, Vermont, is known for its agricultural heritage and natural scenery, particularly around Lake Champlain. St. Albans, the county seat, is recognized as the "Maple Syrup Capital of the World" and hosts the annual Vermont Maple Festival. Located in northwestern Vermont, the county borders Quebec, Canada, and is about 30 miles north of Burlington. Commuting to Burlington is often easier from towns along I-89 than from some closer areas. The community offers a rural feel with access to outdoor recreation, including hiking trails, biking on the Lamoille Valley Rail Trail, and water activities on Lake Champlain.

Life in Franklin County often appeals to those seeking a quieter, rural lifestyle. Many residents own their homes, and the area attracts families and young professionals. While agriculture, especially dairy and maple syrup production, remains a significant part of the economy, there's also a growing diversity in specialty crops. The county has seen an increase in housing costs, similar to the rest of northwestern Vermont. Public transportation, including commuter routes to St. Albans City and connections to Burlington, is available through Green Mountain Transit. Schools in the county include Montgomery Elementary School and Franklin Central School.

MARKET PROFILE

Idiosyncratic Markets

Franklin County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +1.9% YoY, population +0.5%, wages +0.7%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
14.8x

Overvalued relative to economy

Home Prices
+1.9%

Above national median

Climate & Terrain
-0.3

Below-average climate & terrain

Price/Rent
22x

Prices detached from rents

Housing looks overvalued at 14.8x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Northwestern Medical Center Healthcare
    500+
  2. 2
    Perrigo Nutritionals Manufacturing
    250+
  3. 3
    Viatris (formerly Mylan Technologies Incorporated) Manufacturing
  4. 4
    St. Albans Cooperative Creamery Agriculture
    85
  5. 5
    Ben & Jerry's Manufacturing
  6. 6
    Barry Callebaut Manufacturing
  7. 7
    Peerless Clothing Manufacturing
  8. 8
    Kaytec Manufacturing
  9. 9
    Kent Nutrition Agriculture
  10. 10
    U.S. Customs and Border Protection / Homeland Security Government

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Franklin County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
50,638
+0.51% YoY
Median Household Income
$81,313
Median Home Value
$306,700
+1.88% 12mo
Median Rent
$1,180
Average Annual Pay
$62,904
+0.7% YoY
Employment
16,688
-3.3% YoY
Income-to-Home-Value
0.2651
More affordable than average
Migration Inflow
3.01%
of pop. from another state
Bachelor's Degree+
30.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$412,805
Days on Market
58
Moderate pace
Months of Supply
4.2
Balanced market
Sale-to-List Ratio
98.1%
Near asking price
Sold Above List
40.8%
Listings w/ Price Drops
30.7%
Building Permits (2025)
209
Single-Family Permits
161

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

C+
SAFETY
GRADE
Firearm Fatalities
12.4
per 100K · nat avg 14.8
Injury Deaths
97.0
per 100K · nat avg 76.3
vs National Average
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Score Breakdown

Population Growth +0.5% 44 percentile
Income Growth +2.8% 52 percentile
Vacancy Rate 0.5% 92 percentile
Home Price Change +1.9% 54 percentile
Price/Rent 22x 11 percentile

Bars show percentile rank among all 1001 counties.

[07] Frequently Asked Questions

Is Franklin County, VT a good place to move to?

Franklin County scores 53/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#463). Median household income is $81,313 and job growth is running at -3.3%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Franklin County affordable?

Housing in Franklin County is roughly in line with national affordability norms. The median home costs $306,700 and the income-to-home-value ratio sits at 0.27, with rents averaging $1,180/month. Not a bargain, but not a stretch for most local earners either.

Is Franklin County growing or shrinking?

Franklin County is attracting residents (population +0.5% YoY) even as the job market softens with employment at -3.3%. Housing values changed +1.9% over the past 12 months. People may be moving here for affordability or lifestyle reasons rather than job opportunities.

Are people moving to Franklin County?

There's a moderate stream of newcomers. About 3.01% of residents moved from another state, which is above average and suggests Franklin County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[08] Similar Counties by Size & Score

Windsor County, VT 66 Rutland County, VT 74 Washington County, VT 79 Chittenden County, VT 13 Grundy County, IL 53 Bedford County, TN 52 Columbia County, OR 54 Worcester County, MD 52