About

Franklin Southampton Economic Development, Inc.

Franklin Southampton Economic Development, Inc. stimulates sustainable economic growth in the City of Franklin and Southampton County through business attraction and retention of existing industries, including small business development, entrepreneurship, and tourism. We focus on preserving Franklin Southampton’s rich economic heritage in manufacturing, forestry, and agriculture to inspire a thriving business climate within the Hampton Roads region.

About Us

Franklin Southampton at a Glance

1.8 million

Population: (Hampton Roads MSA)

Population (City/County)

  • Southampton County: 17,975 (2023 Census estimate)
  • City of Franklin: 8,339 (2023 Census estimates)

Employment

  • Southampton County: 8,847 (2.7% unemployment rate)
  • City of Franklin: 3,348 (4.2% unemployment rate)

Acreage in Enterprise Zones

  • Southampton County: 3410
  • City of Franklin: 878

Median Household Income

  • Southampton County: $67,813 (Census 2023 estimate)
  • City of Franklin: $57,537 (Census 2023 estimate)

$2.00 per $100 based on 30% of value

City Machinery and Tools Tax Rate

$1.03 per $100

City Property Tax Rate

$0.89 per $100

County Property Tax Rate

$2.40 per $100 based on 80% of income (first year)

County Machinery and Tools Tax Rate

Regional Advantages

Unique Businesses
Diverse and Skilled Employees
Vibrant Educational Opportunities
Low Tax Rates
Excellent Transportation Corridors
Small-Town Charm
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Property Search

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Property Search

Find available property for industrial and commercial use in Franklin Southampton.

Start your search

Office Space

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Office Space

Receive an overview of programs and pricing offered at the Franklin Business Center.

Get details

Business Incentives

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Business Incentives

Take advantage of local incentives for industry and businesses in Franklin Southampton.

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Latest News

Learn more about our culture, research methods and design philosophy.

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2024 June Board of Supervisors
Events 3 days ago
2024 June Board of Supervisors

The Southampton County Board of Supervisors will have their monthly meeting on June 25, 2024, from 6:00 PM to 9:00 PM at the County Administration Building. Contact the county for Live Stream options...

2024 Primary Election Site
Events 3 days ago
2024 Primary Election Site

The 2024 Virginia Primary Election is on Tuesday, June 18. More than 248 positions are up for election ranging from federal positions including U.S. Senate – Virginia to city offices like Glade Spring Town Council. The Franklin Business Center is the official polling place...

New Southampton Veterinary Clinic PC Groundbreaking Event!
Events a week ago
New Southampton Veterinary Clinic PC Groundbreaking Event!

Please join us this afternoon & celebrate the FUTURE home of Southampton Veterinary Clinic 26364 Delaware Rd. Parking: Turn into path off of of Delaware Rd & proceed to grass lot

THE RESULTS ARE IN! Congrats to our 2024 STARTUP Winners!!!
Progress 4 weeks ago
THE RESULTS ARE IN! Congrats to our 2024 STARTUP Winners!!!

The entrepreneurial spirit was alive and thriving at the 2024 STARTUP Franklin Southampton Awards Night & Expo, held at the Hubs Vine on May 16th. The evening was a celebration of innovation, creativity,...

Coastal Virginia Tourism Alliance Celebrates  Thank the Visitor Day May 10 at Norfolk International Airport
Events a month ago
Coastal Virginia Tourism Alliance Celebrates Thank the Visitor Day May 10 at Norfolk International Airport

COASTAL VIRGINIA – (May 9, 2024) – Regional tourism partners will come together at Norfolk International Airport on Friday, May 10 from 9 a.m.– 2:00 p.m. to celebrate Thank the Visitor Day with air...