How America Moves

Franklin County, NC

Migration of people and income, 20222023 filing years

Between the 2022 and 2023 filing years, Franklin County, NC saw a net gain of 927 tax-filing households and a net gain of 2,029 individuals. On net, the area gained $93.4M in associated adjusted gross income (AGI, nominal dollars). The largest inflow came from Wake County; the largest outflow went to Wake County. These figures cover federal income tax filers only and do not indicate why people moved.

Net income (AGI)
+$93.4M
nominal dollars
Net households
+927
tax returns
Net people
+2,029
exemptions

Income (AGI) in and out

Moved in$221.3M
Moved out$127.9M
Net +$93.4M (nominal)

Net migration by year

Net 2012–2023: +$583.4M (+16,748 people)
20122023
Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012+$19.8M+401
2013+$19.8M+1,107
2014+$7.8M+182
2015+$13.8M+515
2016+$33.9M+995
2017+$55.5M+1,848
2018+$44.1M+1,605
2019+$63.4M+1,688
2020+$57.2M+1,794
2021+$76.7M+2,343
2022+$98.0M+2,241
2023+$93.4M+2,029

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Source: IRS Statistics of Income migration data (public domain). Covers federal income tax filers only; AGI is nominal (not inflation adjusted). These numbers describe movement of filers and their reported income, not why people moved or economic loss. Methodology and caveats.