Campbellsville has experienced a major jump in a national ranking of U.S. micropolitan areas, indicating a continued rise in growth and quality of the local economy.
Florida-based research company POLICOM recently released its 2019 Economic Strength Rankings report, which shows Campbellsville climbing 71 spots over last year’s ranking to number 401. The community has seen its ranking drastically improve over the years, moving up 153 spots since 2010.
Each year, POLICOM evaluates a number of data points reflecting the size and quality of U.S. metro and micropolitan areas. In all, 23 economic factors over a period of several years are analyzed, including worker earnings, per capita personal income, construction jobs, retail wages, per capita medical assistance to the poor and more.
A micropolitan area must have an urbanized area (city) with a population of at least 10,000 but fewer than 50,000. The latest population data shows Campbellsville’s population to be just under 11,500.
The 2019 Economic Strength Report can be read in its entirety at POLICOM’s website at http://policom.com/rankings-micropolitan-areas. More information about Taylor County’s economic development assets and opportunities can be found at www.TeamTaylorCounty.com.