Franklin County, TX
Migration of people and income, 2022–2023 filing years
Between the 2022 and 2023 filing years, Franklin County, TX saw a net gain of 12 tax-filing households and a net gain of 73 individuals. On net, the area lost $1.6M in associated adjusted gross income (AGI, nominal dollars). The largest inflow came from Wood County; the largest outflow went to Wood County. These figures cover federal income tax filers only and do not indicate why people moved.
Income (AGI) in and out
Where movers came from
- 1Wood County, TX56$3.2M
- 2Titus County, TX44$1.9M
- 3Hopkins County, TX39$1.9M
- 4Collin County, TX22$3.1M
- 5Dallas County, TX22$1.0M
Where movers went
- 1Wood County, TX57$2.6M
- 2Titus County, TX48$1.8M
- 3Hopkins County, TX30$1.3M
Net migration by year
| Year | Net AGI | Net people |
|---|---|---|
| 2012 | +$3.9M | +62 |
| 2013 | +$3.0M | +26 |
| 2014 | +$1.7M | +32 |
| 2015 | -$4.5M | -72 |
| 2016 | +$276.0K | +84 |
| 2017 | +$9.8M | +106 |
| 2018 | +$6.5M | +77 |
| 2019 | +$6.6M | +44 |
| 2020 | +$11.6M | +225 |
| 2021 | +$10.4M | +165 |
| 2022 | +$5.0M | +198 |
| 2023 | -$1.6M | +73 |
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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.