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Franklin County, WA

Pasco

RANK #214 / 996 NAT  ·  #1 / 21 WA  ·  POP 96,692

1YR FORECAST: +0.6%

5YR OUTLOOK: +31%

Our model projects above-average housing market growth for Franklin County at +0.6% over the next year.

[01] Why Franklin County?

Franklin County, Washington, stands out as the fastest-growing county in the Pacific Northwest, notably becoming the first in the region with a Hispanic-majority population. Located in south-central Washington, at the confluence of the Columbia and Snake Rivers, the county seat of Pasco is part of the Tri-Cities metropolitan area, which also includes Richland and Kennewick across the Columbia River. This area offers a mix of urban amenities and access to outdoor recreation, including riverside trails along the Columbia River and the striking Palouse Falls State Park, home to Washington's official waterfall. Commute options within the Tri-Cities are supported by Ben Franklin Transit, offering fixed-route bus services and other transportation solutions.

Life in Franklin County is characterized by a relatively affordable cost of living compared to the state average, though median home values are higher than the national average. The economy, traditionally rooted in agriculture, has diversified to include food processing and manufacturing, with major food processing companies located in Pasco. The county's population growth continues to drive demand for services, including in education and healthcare. Franklin County's public school system serves a large student body across several districts, including Pasco School District and North Franklin School District.

[02] Market Snapshot

Housing Ratio
6.8x

Above national median (4.7x)

GDP Growth
+5.0%

Well above national median

Home Prices
-0.6%

Prices declining

Climate & Terrain
-0.4

Below-average climate & terrain

Price/Rent
14x

Above national median (13x)

Housing is fairly valued at 6.8x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Government Government
    5,000+
  2. 2
    Agriculture, Forestry, Fishing & Hunting Agriculture
  3. 3
    Health Care & Social Assistance Healthcare
  4. 4
    Retail Trade Retail
  5. 5
    Manufacturing Manufacturing
    2,500+
  6. 6
    Education Education
  7. 7
    Wholesalers Other
    1,000+

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

The Numbers

DEMOGRAPHICS
Population
96,692
+1.45% YoY
Median Household Income
$77,877
Median Home Value
$308,700
-0.58% 12mo
Median Rent
$1,124
Average Annual Pay
$57,266
+4.0% YoY
Employment
37,554
+1.9% YoY
Income-to-Home-Value
0.2523
More affordable than average
Migration Inflow
5.25%
of pop. from another state
Bachelor's Degree+
20.0%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$428,995
Days on Market
90
Slower market
Months of Supply
3.6
Balanced market
Sale-to-List Ratio
98.0%
Negotiation room for buyers
Sold Above List
17.9%
Listings w/ Price Drops
21.3%
Building Permits (2024)
974
Single-Family Permits
446

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

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.9
per 100K · nat avg 6.3
Firearm Fatalities
7.9
per 100K · nat avg 14.8
Injury Deaths
52.5
per 100K · nat avg 76.3
vs National Average
Below national avg
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] Air Quality

A
AIR QUALITY
GRADE
Median AQI (3yr)
23.3
Good
Good Air Days
88%
836 of 955 days
Unhealthy+ Days (3yr)
8
Includes 3 Very Unhealthy
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
21
2022
23
2023
26
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$1,107M
TOTAL
PROJECT AMOUNT STATUS
Gateway Digital Campus & Beltline Energy Data Centers
Undisclosed Developers (supported by L.B. Eckelkamp, Jr. of Bank of Washington)
$1,000M Proposed
Amazon National Inbound Cross Dock
Amazon
$107M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +5.0% 83 percentile
Population Growth +1.4% 82 percentile
Income Growth +7.5% 26 percentile
Vacancy Rate 0.7% 82 percentile
Home Price Change -0.6% 24 percentile
Rent Growth +1.9% 32 percentile
Price/Rent 14x 44 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

With a Boom Town Index score of 78/100, Franklin County sits in the upper half of all 996 ranked counties. Employment is expanding at +1.9%, and median household income stands at $77,877 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in WA.

Is Franklin County affordable?

Housing in Franklin County is roughly in line with national affordability norms. The median home costs $308,700 and the income-to-home-value ratio sits at 0.25, with rents averaging $1,124/month. Not a bargain, but not a stretch for most local earners either.

Is Franklin County growing or shrinking?

Franklin County is growing on multiple fronts. Population is up +1.4% year-over-year while employers added jobs at a +1.9% clip. Home values shifted -0.6% in the past year.

Are people moving to Franklin County?

In significant numbers — 5.25% of Franklin County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[10] Similar Counties by Size & Score

Mason County, WA 59 Cowlitz County, WA 58 Yakima County, WA 54 Clallam County, WA 48 Skagit County, WA 48 Grays Harbor County, WA 46 Geauga County, OH 78 Twin Falls County, ID 78