Livingston is one of 120 counties in Kentucky. It is not part of a Metropolitan Area. Its 1994 population of 9,300 ranked 100th in the State.
PER CAPITA PERSONAL INCOME
In 1994, Livingston had a per capita personal income (PCPI) of $17,216. This PCPI ranked 30th in the State, and was 97.2 percent of the State average, $17,721, and 79.4 percent of the national average, $21,696. In 1984, the PCPI of Livingston was $10,115 and ranked 35th in the State. The average annual growth rate of PCPI over the past 10 years was 5.5 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, Livingston had a total personal income (TPI) of $159,336*. This TPI ranked 88th in the State and accounted for 0.2 percent of the State total. In 1984, the TPI of Livingston was $93,429* and ranked 90th in the State. The average annual growth rate of TPI over the past 10 years was 5.5 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 Livingston. In 1994, earnings were 64.2 percent of TPI (compared with 63.4 percent in 1984); dividends, interest, and rent were 13.4 percent (compared with 16.6 percent in 1984); and transfer payments were 22.4 percent (compared with 20.0 percent in 1984). From 1984 to 1994, earnings increased on average 5.6 percent each year; dividends, interest, and rent increased on average 3.3 percent; and transfer payments increased on average 6.7 percent.
EARNINGS BY INDUSTRY
Earnings of persons employed in Livingston increased from $41,264* in 1984 to $51,233* in 1994, an average annual growth rate of 2.2 percent. The largest industries in 1994 were services, 23.0 percent of earnings; construction, 15.1 percent; and retail trade, 13.9 percent. In 1984, the largest industries were construction, 29.2 percent of earnings; services, 14.6 percent; and mining, 14.1 percent. Of the industries that accounted for at least 5 percent of earnings in 1994, the slowest growing from 1984 to 1994 was construction, which decreased at an average annual rate of 4.3 percent; the fastest was services, which increased at an average annual rate of 6.9 percent.
* All income estimates with the exception of PCPI are in thousands of dollars.