Todd is one of 120 counties in Kentucky. It is not part of a Metropolitan Area. Its 1994 population of 11,300 ranked 90th in the State.
PER CAPITA PERSONAL INCOME
In 1994, Todd had a per capita personal income (PCPI) of $15,722. This PCPI ranked 44th in the State, and was 88.7 percent of the State average, $17,721, and 72.5 percent of the national average, $21,696. In 1984, the PCPI of Todd was $8,763 and ranked 70th in the State. The average annual growth rate of PCPI over the past 10 years was 6.0 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, Todd had a total personal income (TPI) of $176,994*. This TPI ranked 81st in the State and accounted for 0.3 percent of the State total. In 1984, the TPI of Todd was $97,057* and ranked 85th in the State. The average annual growth rate of TPI over the past 10 years was 6.2 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 Todd. In 1994, earnings were 68.3 percent of TPI (compared with 62.2 percent in 1984); dividends, interest, and rent were 11.1 percent (compared with 18.6 percent in 1984); and transfer payments were 20.6 percent (compared with 19.2 percent in 1984). From 1984 to 1994, earnings increased on average 7.2 percent each year; dividends, interest, and rent increased on average 0.8 percent; and transfer payments increased on average 6.9 percent.
EARNINGS BY INDUSTRY
Earnings of persons employed in Todd increased from $46,207* in 1984 to $102,257* in 1994, an average annual growth rate of 8.3 percent. The largest industries in 1994 were farm, 27.8 percent of earnings; nondurable goods manufacturing, 17.4 percent; and durable goods manufacturing, 13.9 percent. In 1984, the largest industries were farm, 24.5 percent of earnings; nondurable goods manufacturing, 15.3 percent; and durable goods manufacturing, 11.7 percent. Of the industries that accounted for at least 5 percent of earnings in 1994, the slowest growing from 1984 to 1994 was retail trade (7.1 percent of earnings in 1994), which increased at an average annual rate of 3.8 percent; the fastest was wholesale trade (5.6 percent of earnings in 1994), which increased at an average annual rate of 14.0 percent.
* All income estimates with the exception of PCPI are in thousands of dollars.