1) Per Capita Personal Income
In 2003, Carroll County had an average per capita personal income (PCPI) of $21,476. This PCPI ranked 84th in the state and was 63.7 percent of the state average ($33,730) and 68.2 percent of the national average ($31,472). The county’s average annual growth rate of PCPI over the past 10 years was 3.6 percent, while the average annual growth rate for Virginia was 4.5 percent. Southwest Virginia has a tradition of income below the state average, and these figures indicate that Carroll County is falling further behind the state in income levels.
2) Household Income
In Carroll County, 13.9 percent of households had incomes less than $10,000 and just over a quarter of the households had annual incomes ranging from $10,000 to $24,999. In contrast, 22.8 percent of the households in the county have incomes exceeding $50,000. Table IV-D provides data on household income in the county.
Table IV-D |
Household Income
|
Carroll County
|
2000
|
By Income Category
|
Income Category
|
Households
|
Percent
|
Less than $10,000
|
1,693
|
13.9%
|
$10,000 to $14,999
|
1,068
|
8.8%
|
$15,000 to $24,999
|
2,258
|
18.5%
|
$25,000 to $34,999
|
1,912
|
15.7%
|
$35,000 to $49,999
|
2,479
|
20.3%
|
$50,000 to $74,999
|
1,882
|
15.4%
|
$75,000 to $99,999
|
473
|
3.9%
|
$100,000 or greater
|
423
|
3.5%
|
TOTAL
|
12,188
|
100.0%
|
Source: U.S. Census Bureau, 2000 Census
|
3) Poverty Income
Another indicator of income distribution is poverty status of the population. Tables IV-E and IV-F provide data on persons and families below the poverty level for the county with comparative data for the state.
As shown by the data in Table IV-E, the overall “poverty rate” in Carroll County is slightly higher than the rate in the Commonwealth. The disparity is particularly strong when one looks at the groups with persons age 65 and over and families with female householder. Female householder families with children under eighteen is the family group with the highest poverty rate, with 41.5 percent living in poverty.
Table IV-E |
Poverty Status
|
Carroll County and Virginia
|
1999
|
By Population Group
|
Group
|
Carroll County
|
Virginia
|
All persons for whom poverty status was determined
|
Number below poverty level
|
Percent below poverty level
|
Percent below poverty level
|
All Persons
|
29,083
|
3,623
|
12.5%
|
9.6%
|
Persons 65 & up
|
4,909
|
691
|
14.1%
|
9.5%
|
All Families
|
8,821
|
767
|
8.7%
|
7.0%
|
Families with children under eighteen
|
3,630
|
481
|
13.3%
|
11.4%
|
Families with female householder
|
971
|
311
|
32.0%
|
23.0%
|
Female householder with children under eighteen
|
595
|
247
|
41.5%
|
29.8%
|
Source: U.S. Census Bureau, 2000 Census
|
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|
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