As the fastest growing county in the Greater Research Triangle Region and the second fastest growing county in North Carolina, Franklin County offers a thriving community with an impressive 7.50% annual percentage growth rate, 1.5 million workforce availability within 60 miles, a robust economy attracting top talent, and an exceptional quality of life that delivers a relaxed lifestyle with diverse housing options and convenient access to nearby metropolitan area attractions.

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Community Profile

Franklin County, NC is a thriving hub for businesses and entrepreneurs, attracting global innovators like Novonesis and K-Flex to independent restaurants and commercial retailers, companies and entrepreneurs recognize Franklin County as a gateway to establish, launch, and scale operations. Businesses are optimally located near the development-rich Research Triangle Region of North Carolina; home to Research Triangle Park (RTP) and three leading research universities – Duke University, North Carolina State University, and University of North Carolina at Chapel Hill. The proximity to cutting-edge research & design, fueled by billions in annual federal research funding, drives trailblazing progress in life sciences & technology, leading to new products, services, and processes that enhance competitiveness and stimulate business growth.

Where Location Meets Innovation

Why North Carolina?

2.5 %

Corporate Income Tax Rate, Lowest in the U.S. and will be 0%
by 2030

No. 1

Top State for Business - CNBC, 2022 and 2023

No. 1

Lowest State
and Local Business Tax Burden

31,000 + STEM

Degrees Annually

Access to World-Class Universities and Research Institutions

450,000 +

Manufacturing Workers

Source: Esri, 2024