Crittenden is one of 120 counties in Kentucky. It is not part of a Metropolitan Area. Its 1994 population of 9,400 ranked 99th in the State.
PER CAPITA PERSONAL INCOME
In 1994, Crittenden had a per capita personal income (PCPI) of $13,966. This PCPI ranked 70th in the State, and was 78.8 percent of the State average, $17,721, and 64.4 percent of the national average, $21,696. In 1984, the PCPI of Crittenden was $8,638 and ranked 75th in the State. The average annual growth rate of PCPI over the past 10 years was 4.9 percent. The average annual growth rate for the State was 5.3 percent and for the nation was 5.0 percent.
TOTAL PERSONAL INCOME
In 1994, Crittenden had a total personal income (TPI) of $131,375*. This TPI ranked 102nd in the State and accounted for 0.2 percent of the State total. In 1984, the TPI of Crittenden was $80,602* and ranked 98th in the State. The average annual growth rate of TPI over the past 10 years was 5.0 percent. The average annual growth rate for the State was 5.7 percent and for the nation was 6.0 percent.
COMPONENTS OF TOTAL PERSONAL INCOME
Total personal income (TPI) includes the earnings (wages and salaries, other labor income, and proprietors's income); dividends, interest, and rent; and transfer payments received by the residents of Crittenden. In 1994, earnings were 61.5 percent of TPI (compared with 59.6 percent in 1984); dividends, interest, and rent were 11.5 percent (compared with 16.2 percent in 1984); and transfer payments were 27.1 percent (compared with 24.2 percent in 1984). From 1984 to 1994, earnings increased on average 5.3 percent each year; dividends, interest, and rent increased on average 1.4 percent; and transfer payments increased on average 6.2 percent.
EARNINGS BY INDUSTRY
Earnings of persons employed in Crittenden increased from $35,928* in 1984 to $56,486* in 1994, an average annual growth rate of 4.6 percent. The largest industries in 1994 were durable goods manufacturing; services, 26.9 percent; and state and local government, 13.1 percent. In 1984, the largest industries were durable goods manufacturing, 34.5 percent of earnings; services, 14.7 percent; and retail trade, 13.0 percent. Of the industries that accounted for at least 5 percent of earnings in 1994, the slowest growing from 1984 to 1994 was durable goods manufacturing; the fastest was services, which increased at an average annual rate of 11.2 percent.
* All income estimates with the exception of PCPI are in thousands of dollars.