Business Climate
Our price is right!
Franklin County, Georgia is business friendly, offering fast-track permitting, tax exemptions, fee waivers and property tax abatements to qualified industries. A wage rate that averages 50% less than the state as a whole enables businesses to contain costs.
Low Corporate Income Tax
Georgia has an excellent and consistently declining income tax rate, currently at 5.19%. Georgia’s use of single-factor apportionment also benefits business by treating a company’s gross receipts, or sales in Georgia, as the only relevant factor in determining the portion of that company’s income subject to the state corporate income tax rate.
Other Tax Benefits of Doing Business in Franklin County
- Freeport Tax – 100% exemption on raw materials, goods in process or manufacture and finished goods destined for shipment out of state
- 7% Sales and Use rate in Franklin County
Average Annual Wages Comparison (2024)
| Type of Business | Franklin County | State |
|---|---|---|
| Manufacturing | $59,436 | $72,384 |
| Transportation and Warehousing | $51,376 | $67,964 |
| Construction – Franklin County | $56,524 | $80,340 |
| Health Care and Social Assistance | $51,428 | $66,976 |
| Accommodation and Food Services | $19,448 | $26,676 |
Source: U.S. Bureau of Labor Statistics
Franklin County Millage Rate:
- Canon – 0
- Carnesville – 1.272
- County Incorporated & Unincorporated– 8.364
- Franklin Springs – 3.500
- Lavonia – 8.107
- Royston – 8.408
- School – 14.000
Source: Franklin County Tax Commissioner