Indicators Idaho

In Franklin in 2020, there were 332 business establishments. This is an increase of 13.7 percent since 2010. This compares to an increase of 19.6 percent in Idaho during the same period.

Of Franklin's 332 business establishments in 2020:

66 percent had between 1 and 4 employees,
17 percent had between 5 and 9 employees,
11 percent had between 10 and 19 employees,
5 percent had between 20 and 49 employees, and
the remainder had 50 or more employees.

To get the most out of this indicator . . .

Ask questions:

· Is the rate of change in the number of business establishments higher or lower than average state and national rates?

· Is the percentage of establishments by number of paid employees similar to or different than the state or nation?

Look at other indicators:

· “Employment: Unemployment rate” – Is the change in number of establishments increasing as unemployment rates decrease (e.g., is business growth alleviating unemployment)?

Dig deeper:

· Look at the county rankings for your state and/or view maps to see how your county compares to others.

· Take a Big Picture view of your county.

· If you have specific questions, send us an e-mail.

Source: 2020: U.S. Bureau of the Census, (https://data.census.gov); - Table CB2000CBP (number changes each year) DATE LAST UPDATED: July 11, 2022