The Southwestern Kentucky Economic Development Council shared a presentation at their meeting Monday that overviewed the past, present, and future development of Todd County.
The presentation, which also covered Christian and Trigg Counties, came from a recent report by analytics company Lightcast through the Tennessee Valley Authority, which studied data from the past five years to predict the region’s growth through its labor markets.
Council Director Carter Hendricks says Todd County leads the region in labor force participation.
click to download audioThe report showed the county’s violent crime rate is well below the national average, at less than 1%. Unemployment rates also continue to be very low. Hendricks adds while all three counties have seen an impact from the pandemic, the counties are expected to see steady growth back to pre-pandemic numbers.
click to download audioIn fact, Todd County is expected to see over 250 new jobs over the next five years. Manufacturing is the fastest-growing sector in the county, with an average manufacturing wage of over $75,000.
In available labor, Hendricks says there are just under 30,000 residents from the three-county region available to the workforce.
click to download audioHendricks adds two primary goals driving the council’s strategic efforts are to create 5,000 jobs by 2025 and $1 billion in new capital investments.
click to download audioOverall, Todd County is predicted to see positive growth in a number of economic categories within the next five years.
