Comprehensive development plan


) Per Capita Personal Income



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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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