Study: Franklin County’s economy is growing

smartasset.com

On a list of places experiencing the most growth in their local economy released by financial technology company SmartAsset, Franklin County has ranked among the top counties in Ohio. Counties in the analysis were measured by GDP growth over a four year period. You can see how Franklin County stacked up against the top performing counties in Ohio below:

Rank County Business Growth GDP Growth ($ in millions) New Building Permits (per 1,000 homes) Federal Funding (per capita) GDP Growth Index
1 Cuyahoga, OH -0.0% $2,668 1.3 $315 5.15
2 Franklin, OH 4.2% $2,284 10.5 $661 4.66
3 Hamilton, OH 0.6% $1,699 4.3 $1,756 3.92
4 Summit, OH 0.0% $1,083 2.5 $693 3.15
5 Montgomery, OH -1.2% $917 1.8 $1,598 2.94
6 Lucas, OH -0.2% $775 3.2 $49 2.76
7 Stark, OH -1.3% $662 3.1 $140 2.62
8 Butler, OH 1.8% $575 5.4 $737 2.51
9 Lake, OH -1.6% $484 4.8 $326 2.39
10 Lorain, OH 1.2% $453 7.3 $91 2.35

These rankings are part of a broader study on the areas with the most incoming investment in the U.S. For a view of SmartAsset’s interactive map and full methodology, check here: https://smartasset.com/investing/investment-calculator#Ohio/GDP

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