Workforce Data

Employment

Unemployment
Unemployment Rate (November 2015)
Franklin County 4.1%
Extended Labor Market Area 4.3%
Statewide 4.0%
Unemployed (2014)
Franklin County 1,454
Extended Labor Market Area 18,812
Total 20,266
Underemployed (3rd Quarter 2015)
Franklin County 2,853
Extended Labor Market Area 37,732
Total 40,225

Population

Franklin County Virginia United States
Under 5 Years 3,144 509, 625 20,201,362
5 to 9 Years 3,131 511,849 20,348,657
10 to 14 Years 3,243 511,246 20,677,194
15 to 19 Years 3,863 550,965 20,040343
20 to 24 Years 3,155 572,091 21,585,999
25 to 29 Years 2,631 564,342 21,101,849
30 to 34 Years 2,691 526,077 19,962,099
35 to 39 Years 3,246 540,063 20,179,642
40 to 44 Years 3,720 568,865 20,890,964
45 to 49 Years 4,362 621,155 22,708,591
50 to 54 Years 4,503 592,845 22,298,125
55 to 59 Years 4,268 512,595 19,664,805
60 to 64 Years 4,325 442,369 16,817,924
65 to 69 Years 3,531 320,302 12,435,263
70 to 74 Years 2,445 229,502 9,278,166
75 to 79 Years 1,794 173,929 7,317,795
80 to 84 Years 1,155 130,801 5,743,327
85 years and over 952 122,403 5,493,433
56,159 8,001,024 308,745,538

Source: 2010 Census

 

Population By Gender
Franklin County Virginia United States
Male 27,706 3,925,983 151,781326
Female 28,453 4,075,041 156,964,212
56,159 8,001,024 308,745,538

Source: 2010 Census

 

Population Change
Franklin County % Change Virginia % Change
2000 47,286 7,079,030
2010 56,159 18.76% 8,001,024 13.02%
2020 62,412 11.13% 8,811,512 10.13%
2030 68,461 9.69% 9,645,281 9.46%
2040 74,695 9.11% 10,530,229 9.17%

Source: U.S. Census Bureau, Virginia Employment Commission

Race/Ethnicity

Franklin County Virginia United States
Total
Total Population 56,195 8,001,024 308,745,538
Race
White 49,699 5,486,852 223,553,265
Black or African American 4,575 1,551,399 38,929,319
American Indian or Alaska Native 150 29,225 2,932,248
Asian 252 439,890 14,674,252
Native Hawaiian/Pacific Islander 15 5,980 540,013
Other 781 254,278 19,107,368
Multiple Races 687 233,400 9,009,073
Ethnicity
Not Hispanic or Latino (of any race) 54,735 7,369,199 258,267,944
Hispanic or Latino (of any race) 1,424 631,825 50,477,594

Source: 2010 Census

Income

Average Weekly Wage by Industry
Total, All Industries $585
Agriculture, Forestry, Fishing & Hunting $590
Mining, Quarrying, & Oil and Gas Extraction N/A
Utilities $749
Construction $661
Manufacturing $690
Wholesale Trade $863
Retail Trade $471
Transportation and Warehousing $610
Information $573
Finance and Insurance $773
Real Estate and Rental & Leasing $837
Professional, Scientific & Technical Services $706
Management of Companies & Enterprises $1,702
Administrative and Support & Waste Management $431
Educational Services* N/A
Health Care and Social Assistance $586
Arts, Entertainment & Recreation $380
Accommodation and Food Service $262
Other Services (except Public Administration) $413
Government Total $739
Federal Government $851
State Government $742
Local Government $623

Source: Virginia Employment Commission, Quarterly Census of Employment and Wages (QCEW), 2nd Quarter (April, May, June) 2015

Education

Educational Attainment
On-Time Graduation Rate (Class of 2014) 86.7%
Percentage of Franklin County population age 25+ who are high school graduates (2010-14) 83.1%
Percentage of Franklin County population age 25+ who have earned a Bachelor’s Degree or higher (2010-14) 19.8%

 

Public School Enrollment (Fall 2014)
Level Number Enrollment
Elementary 12 3,646
Middle 1 1,688
High School 1 2,147

 

Student Teacher Ratio (FY2014)
Elementary 10:1
Secondary 11:1

 

Per Pupil Expenditure (FY 2014)
$12,935.00

 

On-Time Graduation Rate (Class of 2014)
86.7%

 

High School Graduation Continuing Education (2013-14)
83.8%

 

Advanced Programs (2013-14)
Governor’s School
Roanoke Valley Governor’s School for Science & Technology
Governor’s School Enrollment 27
Student’s taking 1 or more Advanced Placement (AP) Courses 207
Students taking 1 or more AP Exams 207
Students taking 1 or more Dual Enrollment Courses 826

 

Workforce Development Facilities
Facility Type
Franklin Center for Advanced Learning & Enterprise Satellite Center
Goodwill Industries Satellite Center
Roanoke Valley Workforce Center Comprehensive Center
Workforce Center – Covington Satellite Center

 

Higher Education Facilities – Fall 2014
Facility Enrollment
Virginia Western Community College  8,632
Patrick Henry Community College  2,853
Roanoke College  2,090
Ferrum College  1,451
Jefferson College of Health Sciences  1,131
Edward Via College of Osteopathic Medicine  808
Hollins University  768
New College Institute  265
American National University – Roanoke Campus 235
American National University – Martinsville Campus 126
Roanoke Higher Education Center *
Virginia Tech – Roanoke Center  *
ITT Technical Institute +
Miller-Motte Technical Center – Roanoke Campus +
Skyline College – Roanoke Campus +

*Enrollment figures are included in participating colleges and universities

+Enrollment figures are not available

Healthcare

Carilion Clinic has a network of hospitals, primary care centers, outpatient facilities, and urgent care facilities located throughout southwestern Virginia.

Located in the town of Rocky Mount, Carilion Franklin Memorial Hospital is a modern, 37-bed facility offering 24-hour emergency care, MRI, CT and ultrasound diagnostics, intensive care services, nephrology and dialysis care, physical, occupational and speech therapies, respiratory and cardiac care, home health and hospice care, inpatient and outpatient surgeries including endoscopy and advanced laparoscopy, and vascular lab services.

Carilion Roanoke Memorial Hospital (CRMH) is the only Level I Trauma Center in the area. Carilion also offers an urgent care center near Smith Mountain Lake.

Cost of Living

A low cost of living is important to individuals and businesses. It means lower bills and less money spent on an operating budget. Compared to other areas competing for your business, you cannot beat the Roanoke Region when it comes to affordability. Compare costs for yourself with this cost of living analyzer.

Cost of Living Index: Nationwide
Region Index
Washington, DC 146.8
Boston, MA 144.3
Newark, NJ 126.6
Chicago, IL 116.2
National Average 100
Ashville, NC 97.5
Richmond, VA 94.9
Chattanooga, TN 95.1
Roanoke Region 90.0

Source: ACCRA, Annual 2015

Cost of Living Index: Virginia
Market COLI
Charlottesville 103.7
Winchester 98.7
Virginia Beach-Norfolk-Newport News 98.5
Richmond 94.9
Harrisonburg 96.9
Staunton-Waynesboro 93.9
Lynchburg 90.3
Roanoke 90.0

Source: ACCRA, Annual 2015

The cost of living in the Roanoke region is 8.6 percent below the national average. Grocery and housing costs are both significantly lower than the national average. See below for Roanoke’s overall index value as well as subindex values for grocery, housing, utilities, transportation, health care, and miscellaneous goods and services.   

The national average value is 100 for each index value.

Cost of Living Index, 2014 Annual Series
Roanoke
Overall 91.4
Grocery 91.2
Housing 89.8
Utilities 98.7
Transportation 91.4
Health Care 96.8
Misc. 98.9

Source: COLI Index, 2014 Annual Series

 

 

Commuting

Commute Time (2010-14)
Worked from home 1,245 5.1%
Under 15 minutes 5,325 23.0%
15-24 minutes 5,209 22.5%
25-34 minutes 4,885 21.1%
35-44 minutes 2,014 8.7%
45-59 minutes 3,287 14.2%
Over 60 minutes 2,431 10.5%
Mean Travel Time to Work (minutes) 30