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Economic Development Comprehensive Plan Bullitt County 3-1 CHAPTER THREE ECONOMIC DEVELOPMENT INTRODUCTION An analysis of the structure and vitality of a community’s economy is fun- damental to develop a strategic plan for economic development and for future land use planning. Studies of the structure of the existing local economy identify the important economic activities within the community. The extent of economic ac- tivity and the population supported by such activity influences future economic de- velopment. The health and growth of the local economy is a key determinant of how rapidly land will be converted to various land uses and can be gauged by its stability and balance. Stability is the ability to withstand fluctuations in the re- gional and national economies. Balance is the degree to which diversification al- lows the local economy to withstand fluctuations in a particular sector of the econ- omy. EMPLOYMENT BY INDUSTRY Employment information at the county level is available for industries cov- ered by unemployment insurance. This generally includes all workers except self- employed individuals, unpaid family members, some student workers, agricultural workers, domestic workers, rail workers, employees of certain religious organiza- tions, and certain government employees. A summary of employment in industries covered by unemployment insurance for 2007, 2009 and 2011 is shown in Figure 3 -1. Bullitt County had a net increase of 3,007 jobs from 2007 to 2011 (19.6%). This is a significant increase considering the state of Kentucky overall had a job loss rate of four percent for the same period due to the economic downturn follow- ing the collapse of the housing market in 2008. As of 2011, the services sector pro- vided the largest number of jobs in Bullitt County accounting for 32.9% of the jobs in the county covered by unemployment insurance. The utilities, trade and trans- portation sector, which includes warehousing and trucking, had the second largest number of jobs at accounting for 30.1% of the total. Both of these sectors saw sig-

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Economic Development

C o m p r e h e n s i v e P l a n

Bullitt County

3-1

CHAPTER THREE

ECONOMIC DEVELOPMENT

INTRODUCTION

An analysis of the structure and vitality of a community’s economy is fun-

damental to develop a strategic plan for economic development and for future land

use planning. Studies of the structure of the existing local economy identify the

important economic activities within the community. The extent of economic ac-

tivity and the population supported by such activity influences future economic de-

velopment. The health and growth of the local economy is a key determinant of

how rapidly land will be converted to various land uses and can be gauged by its

stability and balance. Stability is the ability to withstand fluctuations in the re-

gional and national economies. Balance is the degree to which diversification al-

lows the local economy to withstand fluctuations in a particular sector of the econ-

omy.

EMPLOYMENT BY INDUSTRY

Employment information at the county level is available for industries cov-

ered by unemployment insurance. This generally includes all workers except self-

employed individuals, unpaid family members, some student workers, agricultural

workers, domestic workers, rail workers, employees of certain religious organiza-

tions, and certain government employees. A summary of employment in industries

covered by unemployment insurance for 2007, 2009 and 2011 is shown in Figure 3

-1.

Bullitt County had a net increase of 3,007 jobs from 2007 to 2011 (19.6%).

This is a significant increase considering the state of Kentucky overall had a job

loss rate of four percent for the same period due to the economic downturn follow-

ing the collapse of the housing market in 2008. As of 2011, the services sector pro-

vided the largest number of jobs in Bullitt County accounting for 32.9% of the jobs

in the county covered by unemployment insurance. The utilities, trade and trans-

portation sector, which includes warehousing and trucking, had the second largest

number of jobs at accounting for 30.1% of the total. Both of these sectors saw sig-

3-2

Economic Development

Mining

Construction

Manufacturing

Utilities, Trade &

Transportation

InformationFinance,

Insurance, & Real Estate

Services

State & Local Government

Other

FIGURE 3-1BULLITT CO 2011 EMPLOYMENT BY INDUSTRIES

COVERED BY UMEMPLOYMENT INSURANCE BY NAICS INDUSTRIAL DIVISION

% CHANGE INDUSTRY 2007 2009 2011 2007-2011 Mining - - - Construction 1,498 1,187 1,171 -21.83% Manufacturing 2,755 2,439 2,181 -20.83% Utilities, Trade & Transportation 3,716 4,005 5,521 48.57% Information 82 39 55 -32.93% Finance, Insurance, & Real Estate 409 446 555 35.70% Services 4,032 4,920 6,022 49.36% State & Local Government 2,749 2,823 2,765 0.58% Other - - - TOTAL 15,326 15,932 18,333 19.62%

Source: Ky Education & Workforce Dev. Cabinet, Dept. for Workforce Investment

Note: A dash indicates data not disclosed due to privacy requirements.

Economic Development

C o m p r e h e n s i v e P l a n

Bullitt County

3-3

nificant growth during the period and now account for 63% of the jobs in the

county. The construction, manufacturing and information sectors all experienced a

loss of jobs from 2007 to 2011.

Figure 3-2 shows the average weekly wages in 2011 for industries in Bullitt

County covered by unemployment insurance. Of the industries disclosed, the in-

formation sector paid the highest wages per week followed by manufacturing. Un-

fortunately there are very few information sector jobs in Bullitt County. In Ken-

tucky, the mining sector pays the highest average weekly wages. Mining industry

wages in Bullitt County are not disclosed due to the small number of businesses.

The lowest average weekly wages in Bullitt County are service industry wages.

The exact number is not disclosed to prevent calculation of mining industry wages.

During the period from 2007 to 2011 there has been a trend of job loss in the higher

paying industries such as construction and manufacturing and job increases in

lower paying sectors such as services and utilities, trade and transportation. The

average weekly wages for all industries in Bullitt County were only 81.8 % of the

average for Kentucky overall.

MANUFACTURING & OTHER LARGE INDUSTRIAL EMPLOYERS

The Kentucky Cabinet for Economic Development publishes the Kentucky

Directory of Manufacturers that list manufacturers by county and community.

They also publish the Kentucky Directory of Business and Industry which includes

other large industry employers in addition to manufacturers. These documents

include facilities with ten or more employees that participate in Economic Devel-

opment Cabinet programs. They do not include all industrial facilities in the

county. It should also be noted that the number of employees are the average num-

ber of full time permanent employees and do not include part time, temporary or

contractual workers. These documents provide contact information along with a

short summary of each business. Table 3-1 lists the manufacturing firms found

throughout Bullitt County. According to the directory, there are a total of 15 manu-

facturing firms in Bullitt County with a 2012 full time employment of 2,213. The

largest manufacturing employer is Publishers Printing Co. with an employment of

1,404 at two facilities in Shepherdsville and Lebanon Junction.

3-4

Economic Development

0 200 400 600 800 1000 1200 1400

Mining

Construction

Manufacturing

Utilities, Trade, & Transportation

Information

Finance, Insurance, Real Estate

Services

Public Administration

Other

All industries

WEEKLY WAGE

INDUSTRY

FIGURE 3‐2

AVERAGE WEEKLY WAGES IN BULLITT COUNTY 2011

Kentucky

Bullitt County

Table 3-2 shows the impact of the warehousing and distribution industry

on Bullitt County. There are 18 firms in this industry in Bullitt County with most

established since 2002. The total employment for these 18 firms in 2012 was

5,337. The largest employer is Amazon Fulfillment Center with a 2012 employ-

ment of 2,900 at two locations. The majority of manufacturing firms and all of

the warehousing and distribution employers are located in Shepherdsville.

Avg. Weekly Wage 2011 INDUSTRY Bullitt County Kentucky Mining - $1,340 Construction $721 $847 Manufacturing $871 $987 Utilities, Trade, & Transportation $654 $689 Information $1,037 $856 Finance, Insurance, Real Estate $652 $1,028 Services - $648 Public Administration $737 $736 Other $578 $631 All industries $616 $753

Source: Ky Education & Workforce Dev. Cabinet, Dept. for Workforce Investment Note: A dash indicates data not disclosed due to privacy requirements.

Economic Development

C o m p r e h e n s i v e P l a n

Bullitt County

3-5

TABLE 3-1

BULLITT COUNTY MANUFACTURING FIRMS 2013

LOCATION/ DATE 2012 FIRM & ADDRESS PRODUCT ESTABLISHED EMPLOYMENT

Hillview Bluelick Aero Enterprize LLC

Machine shop, sub-merged gas and arc welding, general ma-

chining, drilling, boring, lathe & mill work

1970 6 1432 Hillview Blvd. Hillview, KY 40229-4047

Bullitt County Stone Co Crushed limestone 1967 25 305 Bells Mill Rd Shepherdsville, KY 40165

Lebanon Junction Mac Manufacturing Com-pany

Automatic barrel filling devices, stencilers, lifts

& material handling equip., robots, turnta-

bles.

1957 23 235 E Oak St. Lebanon Junction, KY 40150

Publishers Printing Co, LLC Printing publications & magazines

1991 725 13487 S Preston Hwy. Lebanon Junction, KY 40150

Mount Washington Smith's Laminating Shop, Inc.

Custom laminate case-work, countertops, com-

mercial, institutional, detail and restaurant

food service

2005 17 284 Griffin Way Mt. Washington, KY 40047

Shepherdsville Bluegrass Pallets Co. Wood pallets, animal

bedding, mulch, heat treating

1967 13 265 Harshfield Ln Shepherdsville, KY 40165 D G Industries, Inc. Custom metal, steel &

plastic fabricating 1989 8

1270 S Preston Hwy Shepherdsville, KY 40165

Page total 817 Source: 2013 Kentucky Directory of Manufacturers, April 2013

3-6

Economic Development

TABLE 3-1 Continued

BULLITT COUNTY MANUFACTURING FIRMS 2013

LOCATION/ DATE 2012 FIRM & ADDRESS PRODUCT ESTABLISHED EMPLOYMENT

Shepherdsville Louisville Seating Systems Manufacture & supply

seating and seating com-ponents

2011 470 165 Omnicron Ct Shepherdsville, KY 40165 Piccola Manufacturing Co Materials handling equip-

ment: racks, shipping con-tainers, custom steel,

stainless steel, & alumi-num

1950 45 985 Preston Hwy S Shepherdsville, KY 40165

Publishers Printing Co, LLC Printing publications or

magazines 1866 679

100 Frank E Simon Ave. Shepherdsville, KY 40165 Quality Stone & Ready Mix Inc

Mining, processing, sales of limestone & ready-

mixed concrete 1965 32

3260 N Preston Hwy Shepherdsville, KY 40165 Sabert Corporation Manufacture disposable

plastic food packaging 2008 104

890 E Bluelick Rd. Shepherdsville, KY 40165 Speyside Cooperage, KY Inc Refurbish bourbon barrels

for production of other whiskey

2010 11 805 N Buckman St. Shepherdsville, KY 40165

Standard Publishing & Print-Commercial offset & litho-

graphic printing 1987 24 455 N Buckman St. Shepherdsville, KY 40165 Kentucky Solite Corp. Lightweight aggregate

shale 1972 31

1797 Coral Ridge Rd. Shepherdsville, KY 40165

Page total 1396

Source: 2013 Kentucky Directory of Manufacturers, April 2013

Economic Development

C o m p r e h e n s i v e P l a n

Bullitt County

3-7

TABLE 3-2

BULLITT COUNTY INDUSTRY FIRMS 2013 LOCATION/ DATE 2012

FIRM & ADDRESS PRODUCT ESTABLISHED EMPLOYMENT

Shepherdsville Alliance Entertainment LLC Marketer, distributor &

merchandiser of family entertainment products

2003 280 300 Omicron Ct, Ste A Shepherdsville, KY 40165 Amazon Fulfillment Center 1 Fulfillment of online orders 2002 700

271 Omega Parkway, Ste Shepherdsville, KY 40165 Amazon Fulfillment Center 2 Fulfillment center, foot-

wear, handbags, apparel & accessories

2006 2,200 376 Zappos.com Blvd Shepherdsville, KY 40165 APL Logistics Inc. Third party logistics & dis-

tribution warehouse for Dow Corning

2002 84

270 Omega Parkway, Ste Shepherdsville, KY 40165 Best Buy Co Inc. DC# 1376 Warehouse & distribution

of e-commerce services & regional returns

2010 300 600 Park Loop Rd. Shepherdsville, KY 40165 Chegg Inc. Warehouse & distribution

of text books 2009 31

649 Omega Parkway Shepherdsville, KY 40165 Dri-View Manufacturing Custom assembling, pack-

aging & mailing services, warehousing & fullfillmen

services

2004 35 3214 E Blue Lick Rd Shepherdsville, KY 40165 Gilt Groupe E-tailer and fulfillment cen-

ter 2010 225

3208 E Blue Lick Rd. Shepherdsville, KY 40165 Gordon Food Service Food service distribution

center 2004 450

342 Gordon Industrial Dr Shepherdsville, KY 40165

GSI Commerce Solutions Electronic commerce ful-

fillment & distribution 1999 400 350 Omega Parkway Shepherdsville, KY 40165

Page total 4705 Source: 2013 Kentucky Directory of Business & Industry, March 2013

3-8

Economic Development

TABLE 3-2 Continued

BULLITT COUNTY INDUSTRY FIRMS 2013

LOCATION/ DATE 2012 FIRM & ADDRESS PRODUCT ESTABLISHED EMPLOYMENT

Shepherdsville

Hill Transportation Inc. Trucking, except local, freight transportation ar-

rangement

1999 55 1191 E Blue Lick Rd. Shepherdsville, KY 40165 JOM Pharmaceutical Ser-vices

Pharmaceutical distribution center 2007 43

925 Conestoga Parkway Shepherdsville, KY 40165 Kentucky Tank Distributor of water storage

tanks for residential & com-mercial applications

1986 5 1029 S Preston Highway Shepherdsville, KY 40165 Medline Industries, Inc. Medical distribution center 2008 46 1065 Conestoga Parkway Shepherdsville, KY 40165 Nasty Gal Distribution & call center for

clothing 2012 113

700 Omega Parkway Shepherdsville, KY 40165 New Breed Logistics Inc. General warehousing &

storage 2010 32

100 W Thomas P Echols Shepherdsville, KY 40165 RueLaLa E-commerce marketing

partner for world class brands

2004 325 150 Omicron Court Shepherdsville, KY 40165 UPS Small package distribution 13 355 Omicron Court Shepherdsville, KY 40165 Page total 632

Source: 2013 Kentucky Directory of Business & Industry, March 2013

Economic Development

C o m p r e h e n s i v e P l a n

Bullitt County

3-9

U. S. ECONOMIC CENSUS

The U.S. Department of Commerce conducts an Economic Census every

five years to provide a detailed portrait of the U. S. economy from the national to

the local level. The Economic Census covers nearly all of the U.S. economy in its

basic collection of establishment statistics. Censuses of agriculture and govern-

ments are conducted at the same time.

The latest available Economic Census was conducted in 2007. An Eco-

nomic Census is currently being conducted for the year ending December 2012,

however that data will not be available in time to include it in this document. Data

for economic sectors with few establishments in Bullitt County is not available at

the county level as publication of the data could reveal the identity or activity of an

individual or business. County level data is not available for the following sectors:

Mining, Utilities, Construction, Transportation and Warehousing, Finance and In-

surance, and Management of Companies and Enterprises.

Table 3-3 shows data for all sectors of the Bullitt County economy for

which the 2002 and 2007 U.S. Census data is available at the county level. The

number of establishments for each sector reported is mixed with some sectors in-

creasing and others decreasing in number. The most notable changes from 2002 to

2007 were in the wholesale trade and health care & social assistance sectors of Bul-

litt County’s economy. While the number of wholesale trade establishments de-

creased by five during the period, total sales increased by 782%. The health care

industry experienced a significant increase in the number of establishments and

employment with a 50% increase in paid employees for the period. The number of

health care establishments increased 70%. The “other services” sector had the

greatest increase in the number of paid employees from 626 to 1,021, a 63% in-

crease although the number of establishments actually decreased by four.

3-10

Economic Development

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Economic Development

C o m p r e h e n s i v e P l a n

Bullitt County

3-11

AGRICULTURE

Table 3-4 presents agricultural statistics for Bullitt County. According to the

U.S. Census of Agriculture, there were 519 farms in Bullitt County in 2007, a de-

crease of 20.6% since 1997. In the five years from 2002 to 2007, the number of farm

acres decreased by 16.6% and the number of acres of harvested cropland decreased by

10.2%. The predominate row crops are corn and soybeans. The 2007 Census of Agri-

culture reports that the average size of a farm in Bullitt County is 99 acres with the

median size 44 acres. The average estimated value of all land and buildings per farm

was $373,149 with an estimated market value of $3,786 per acre. The estimated aver-

age value of all machinery and equipment was $48,241 per farm. The total market

value of agricultural products sold in 2007 was $6,291,000 with a $12,122 average per

farm. Of this amount approximately 60% was from crop sales and products (3.76 mil-

lion) and 40% was from animal sales and products (2.53 million). The total income

from farm operations was $741,000. Tables 3-5 shows Bullitt County farms by farm

size. Table 3-6 shows the number of farms by the value of sales.

TABLE 3-5

BULLITT COUNTY FARMS BY SIZE IN

ACREAGE NUMBER 1-9 45

10-49 221 50-179 173 180-499 71 500-999 6 1,000 + 3

TABLE 3-6

FARMS BY VALUE OF SALES IN

VALUE NUMBER < $2,500 265

$2,500 - $4,999 66 $5,000 - $9,999 76

$10-000 - $24,000 64 $25,000 - $49,999 24 $50,000 - $99,999 11

$100,000 < 13

TABLE 3-4

BULLITT COUNTY AGRICULTURAL INFORMATION

YEAR # OF FARMS # OF FARM

ACRES HARVESTED CROPLAND

2007 519 51,148 17,153 2002 616 61,342 19,097 1997 654 61,667 18,272 1992 599 60,911 16,154

Source: Census of Agriculture

3-12

Economic Development

Overall, agriculture represents a relatively small portion of the Bullitt County

economy. Opportunities for growth in agriculture include agritourism such as the

Wine & Bourbon Tour of Bullitt County. This tour includes the Brooks Hill, Milla-

nova, Wight-Meyer and Forest Edge Wineries and the Jim Beam Bourbon Distillery

in Clearmont. There is also a farmer’s market that operates in Mt. Washington from

June to September each year. According to the 2007 Census of Agriculture the total

income from agritourism and recreational services was $6,000 and there were only 25

acres of harvested vegetable acres.

TOURISM

Information on the impact of tourism in Bullitt County can be found in a 2012

study prepared by Certec, Inc. for the Kentucky Tourism, Arts and Heritage Cabinet.

The State of Kentucky is divided into nine tourism and travel regions. Bullitt County

is part of the 15 county Bourbon, Horses & History Region. All nine tourism re-

gions showed gains in revenues between 2011 and 2012. The largest increase oc-

curred in the Bourbon, Horses, & History Region with a 6.3 percent increase be-

tween the two years. According to the study, total tourism and travel expenditures

(both direct and indirect) in Bullitt County were $115,374,615 in 2011 and

$123,360,845 in 2012, a 6.9 percent increase. The total tourism and travel expendi-

tures for the Bourbon, Horses & History Region in 2012 were approximately 3.7 bil-

lion with 2.9 billion in Jefferson County. Bullitt County had the third highest total

expenditures in the region after Jefferson and Hardin Counties. This indicates that the

tourism industry is an important part of the county’s economy. The Jim Beam Ameri-

can Stillhouse Visitor Center in Clermont, which opened in October 2012, had over

100,000 visitors in its first year of operation. This is an increase of some 20,000 visi-

tors to the Jim Beam Distillery from the prior year.

CIVILIAN LABOR FORCE

The civilian labor force is defined as the sum of both employed and unem-

ployed persons 16 years of age and older, excluding armed forces personnel and per-

sons in penal and mental institutions, sanitariums and homes for the aged, infirm, and

needy. Persons “not in the labor force” include those not classified as employed or

unemployed and include retired persons, persons engaged in their own housework,

persons not working while attending school, persons unable to work because of a long

Economic Development

C o m p r e h e n s i v e P l a n

Bullitt County

3-13

term illness, persons discouraged from seeking work because of personal or job mar-

ket factors, and persons who are voluntarily idle.

Table 3-7 compares the civilian labor force of Bullitt County with the labor

market area. A labor market area includes counties which are substantially within a 60

minute drive of the originating county’s county seat. In addition to Bullitt County, the

Bullitt County labor market area includes Jefferson, Hardin, Hart, Larue, Meade, Nel-

son, Oldham, Spencer, and Shelby Counties in Kentucky as well as Clark, Floyd, Har-

rison and Scott Counties in Indiana.

TABLE 3-7 CIVILIAN LABOR FORCE ESTIMATES BULLITT COUNTY LABOR MARKET

January 2013

CIVILIAN LABOR UNEMPLOYMENT

COUNTY FORCE EMPLOYED UNEMPLOYED RATE Bullitt 38,417 35,114 3,303 8.6% Labor Market Area Totals 683,502 626,754 56,748 8.3%

Source: U.S. Department of Labor, Bureau of Labor Statistics

3-14

Economic Development

In January of 2013 Bullitt County had a civilian labor force of 38,417 with an

unemployment rate of 8.6%. This is slightly higher than the Bullitt County labor mar-

ket area unemployment rate of 8.3%. Figure 3-3 shows the annual unemployment

rates for the U.S., Kentucky, the Louisville-Jefferson County KY-IN Metropolitan

Statistical Area (Louisville MSA), and Bullitt County over the past five years. Unem-

ployment rates for Bullitt County have typically been slightly higher than the Louis-

ville MSA and the State of Kentucky with the U.S. overall rate lower than local rates.

The Louisville MSA is somewhat different than the Bullitt County Labor Market

Area. It includes Jefferson, Bullitt, Henry, Meade, Nelson, Oldham, Shelby, Spencer

and Trimble Counties in Kentucky as well as Clark, Floyd, Harrison and Washington

Counties in Indiana.

YEAR U.S. KENTUCKY LOUISVILLE MSA BULLITT COUNTY

2007 4.6 5.6 5.3 5.9 2008 5.8 6.6 6.4 7.2 2009 9.3 10.3 10.0 10.7 2010 9.6 10.2 10.2 10.8 2011 8.9 9.5 9.7 10.6 2012 8.1 8.2 Source: Labor Market Statistics, Local Area Unemployment Statistics Program 

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

10.0

11.0

12.0

FIGURE 3‐3ANNUAL UNEMPLOYMENT RATES

U.S. KENTUCKY

LOUISVILLE MSA BULLITT COUNTY

Economic Development

C o m p r e h e n s i v e P l a n

Bullitt County

3-15

EDUCATION LEVELS

An important characteristic of the labor force is the level of education attained

by the workforce. Table 3-8 shows education levels at the time of the 2011 American

Community Survey. In Bullitt County, 85% of the population 25 years and over were

high school graduates or higher. This compares to 83.1% for Kentucky and 85.9% for

the United States overall. In 2010, 15 % of Bullitt County’s population 25 years and

older had a Bachelor’s degree or higher. These educational levels are lower than the

State of Kentucky (21.1%) and the U. S. (28.5%).

TABLE 3-8

EDUCATION LEVEL 2010

High School Gradu-

ates % Bachelor's De-

gree or Above % Bullitt County 85.0 15.0 Kentucky 83.1 21.1 USA 85.9 28.5

Source: 2011 American Community Survey

COMMUTING PATTERNS

Table 3-9 details the commuting patterns of Bullitt County residents according

to the U.S. Census Bureau. As of 2010 there were 33,495 workers who lived in Bul-

litt County. Only 18.6% also work in Bullitt County with 81.4 % or 27,266 persons

commuting out of the county to work. The majority of Bullitt County residents who

commute travel to Jefferson County to work. Out of 120 Kentucky counties, Bullitt

County was ranked seventh in percentage of its residents commuting out of the county

to work. In 2010, there were 9,489 workers who commuted to Bullitt County to work

representing 60.4% of the workers in Bullitt County. Such large numbers of commut-

ers into and out of the

county undoubtedly

contribute to traffic

congestion.

TABLE 3-9

BULLITT COUNTY COMMUTING PATTERNS

2010 Percent Residents of Bullitt County:

Working and Residing in County 6,229 18.6 Commuting Out of County 27,266 81.4 Total Residents 33,495 100

Employees of Bullitt County Working and Residing in County 6,229 39.6 Commuting Into County 9,489 60.4 Total Employees 15,718 100

Source: US Census Bureau, Journey-to-Work & Migration Statis-tics Branch

3-16

Economic Development

PERSONAL AND HOUSEHOLD INCOME

The U.S. Dept. of Commerce, Bureau of Economic Analysis provides annual

estimates of personal per capita income. Personal per capita income includes income

received from all sources such as wages and salaries, other labor income (employer

contributions to private pension funds, jury and witness fees, etc.) proprietor’s in-

come, rental income, dividend and interest earnings by individuals and transfer pay-

ments not for services rendered (such as food stamps and welfare payments). Per-

sonal contributions for social security are deducted. Table 3-10 shows that the 2011

personal per capita income for Bullitt County is lower than that for Kentucky, the U.S.

and Louisville MSA. It has increased at a faster rate than the U.S. and Louisville

MSA between 2007 and 2011, but slower than the state overall.

TABLE 3-10

PERSONAL PER CAPITA INCOME

PER CAPITA INCOME 2007 2011 % Change

Bullitt County $28,758 $30,533 6.2% Louisville MSA $37,095 $39,037 5.2% Kentucky $31,175 $33,989 9.0% United States $39,506 $41,560 5.2%

Source: U.S. Dept. of Commerce, Bureau of Economic Analysis

The U.S. Census Bureau provides annual estimates of median household in-

come. When median household income is considered, Bullitt County income levels

fare better as shown in Table 3-11. While median household income for the U.S.

overall declined slightly between 2007 and 2011, in Bullitt County it increased at

twice the Kentucky state rate. In 2011 the median household income for Bullitt

County was three percent higher than the U.S. overall and 26.5% higher than the aver-

age for Kentucky.

TABLE 3-11

MEDIAN HOUSEHOLD INCOME

MEDIAN HOUSHOLD INCOME 2007 2011 % Change

Bullitt County $49,861 $52,033 4.4% Kentucky $40,299 $41,141 2.1% United States $50,740 $50,502 -0.5%

Source: US Census Bureau, Small Area Income & Poverty

Economic Development

C o m p r e h e n s i v e P l a n

Bullitt County

3-17

POVERTY RATE

The poverty rate is considered to be the minimum level of monetary income

adequate for families of different sizes in consideration of American consumption pat-

terns. These levels are determined by comparing individual or family income with

annual income thresholds. The income thresholds are adjusted annually. The poverty

rate is the percentage of individuals or families with incomes below the poverty level.

Table 3-12 shows the percent of persons and children in poverty for the US, Kentucky

and Bullitt County. Poverty rates increased at all levels from 2007 to 2011, most

likely due to the economic recession during this period. Poverty rates in Bullitt

County are lower than the overall U.S. rate and significantly lower than the rates for

Kentucky overall.

TABLE 3-12

POVERTY RATES FOR PERSONS & CHILDREN

PERSONS IN POVERTY 2007 2011 Number Rate Number Rate

Bullitt County 7,284 9.9 8,071 10.8 Kentucky 706,947 17.2 809,764 19.1 USA 38,052,247 13.0 48,452,035 15.9

UNDER AGE 18 IN POVERTY 2007 2011 Number Rate Number Rate

Bullitt County 2,316 13.3 3,019 16.7 Kentucky 231,398 23.6 272,115 27.2 USA 13,097,100 18.0 16,386,500 22.5

Source: US Census Bureau, Small Area Income & Poverty Estimates

LOCAL COMMUNITY ECONOMIC DEVELOPMENT ACTIVITIES

A component to the overall economic condition of an area or region is the ex-

tent to which the community engages in economic development activities in order to

promote the area and maintain a diversified economy. The following organizations

are dedicated to assisting Bullitt County in local economic development activities.

3-18

Economic Development

BULLITT COUNTY ECONOMIC DEVELOPMENT AUTHORITY

The Bullitt County Economic Development Authority works towards recruit-

ing new industries and assisting existing industries to expand. It is important that a

county have a diverse mixture of industrial and commercial facilities to allow for

growth. Continued growth of a balanced mix allows an economy to grow and support

expanding populations. The Economic Development Authority is the lead agency in

Bullitt County in support of the needs of small industries and distributors and to sup-

port new industrial developments. The creation of a positive business climate will

assist in the expansion of existing industry and attraction of new industries. In addi-

tion, due to a growing need for commercial growth, the Authority needs to assist in

locations of service industries to provide for the growing population.

Currently there are seven industrial sites and four industrial buildings listed as

available in Bullitt County on the Kentucky Cabinet for Economic Development web

site as shown on Table 3-13 and 3-14. Sites listed by the Cabinet must be shovel

ready sites of at least 15 acres and meet other criteria. Buildings must be at least

10,000 square feet and ready for occupancy by an industry, corporate office or support

services. There may be other available industrial sites or buildings in Bullitt County

that do not meet the Cabinet’s listing criteria.

TABLE 3-13

Bullitt County Available Industrial Sites

         Min. Distance To

Site

Site Name

Total Largest

Rail

Inter-state/

Airport ID Ac. Possible

Tract Parkway 029-009 Lebanon Junc-

tion 143 143 Possible 0.1 26

029-026 Bourbon Trail Industrial Park

221.7 126.9 Possible 1.7 22

029-022 Shepherdsville -- Cedar Grove Business Park Phase 3

134.8 99 No 1.75 14

029-005 Shepherdsville Business Center

133 89 No 0.2 14

029-001 Mt. Washington Business Centre

91.1 75.6 No 6.5 19

029-025 The I-65 Over-look

36 36 No 1.6 29

029-006 Shepherdsville - 56.6 35.9 Possible 0.09 14

Economic Development

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3-19

The best industrial sites require large parcels of land that are out of the flood-

plain, not too steep or have other environmental restrictions. They are near transporta-

tion facilities including major highways, airports and sometimes rail. Utilities are

available including sanitary sewer service. Communication systems have become a

vital portion of economic growth and must be considered for any available siting of a

new industry. The sites must also not have a negative impact on other land uses espe-

cially residential areas. As sites meeting all of these are requirements are difficult to

locate, it is important to determine the best sites in the community for industrial use

first when preparing future land use maps. These sites should be protected from other

types of development in order to insure available land for industrial growth and to

provide employment for the current and future residents of the community

The Bullitt County Economic Development Authority must continually moni-

tor the business climate to determine how individual laws and regulations affect the

local industries and new industries which might want to locate. This includes taxa-

tion, utility costs, land costs, education opportunities, health care facilities and other

issues which fall under the general category of quality of life. These items are all im-

portant to facilitate jobs for the citizens and a healthy economy.

In addition to the need for sites for economic development, the greatest local

economic development requirement is for a skilled work force. Kentucky communi-

ties can document to potential employers that they have a skilled work force by be-

coming a Kentucky Certified Work Ready County. This program, sponsored by the

Kentucky Workforce Investment Board and the Kentucky Education and Workforce

TABLE 3-14

Bullitt County Available Industrial Buildings

Bldg.

Building Name

Square

Ac. Min. Ceil-

ing Ht. Rail ID Feet

029-014 100 W. Thomas P. Echols Lane

624,000 52 32.0' mini-mum

No

029-009 Crossdock-Cedar Grove

257,998 52 36.0' mini-mum

No

029-018 Former Integrity Manufacturing

103,000 10.6 17.5' mini-mum

No

029-016 Medline Indus-tries

90,000 33 35.0' mini-mum

No

Source Ky Cabinet for Economic Development

3-20

Economic Development

Development Cabinet, certifies counties as being work ready by using established

documented criteria such as high school graduation rates, the population’s access to

broadband internet service, community commitment, educational attainment, the num-

ber of National Career Readiness Certificate holders in the county and measurement

of soft skills such as work ethic, attendance/punctuality, communication, teamwork,

leadership and critical thinking. Bullitt County is starting the process to become a

Kentucky Certified Work Ready county at the current time.

BULLITT COUNTY CHAMBER OF COMMERCE

The Bullitt County Chamber of Commerce is located at 295 N. Buckman

Street in Shepherdsville. The Chamber of Commerce offers marketing, networking

and educational opportunities to its members. This group of business leaders encour-

ages and participates in quarterly chamber breaks and ribbon cuttings to welcome and

develop members to be the business voice of the county. The Ambassador Group is

consistently involved in recruiting and maintaining membership. The Woman’s

Council is instrumental in the organization of a monthly luncheon the membership is

invited to attend. There are a variety of speakers that encourage not only entrepreneu-

rial spirit but also philanthropic leadership. There are also committees that organize

Kidsfest, Showcase Bullitt County, career fairs, the golf scramble health fair and an-

nual dinner. Leadership Bullitt County is a monthly program that graduates out-

standing new business leaders to set and carry out new goals to improve the commu-

nity. Recently the Chamber has been directly involved in creating an evolving strate-

gic plan for the county and is working to integrate and enhance the relationship of the

business community with the city and county government.

As of May 2013 the Chamber has approximately 350 members and 15 Board

members. All policies governing the activities and operation of the Chamber are set

by the board of directors. Each member shares an equal vote and is encouraged to

serve on committees. A full time director and professional staff manage the daily op-

eration of the Chamber office.

Economic Development

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3-21

SHEPHERDSVILLE BULLITT COUNTY TOURIST & CONVENTION COM-

MISSION

The Shepherdsville Bullitt County Tourist & Convention Commission pro-

motes tourism in Bullitt County and operates the Paroquet Springs Conference Centre

at 395 Paroquet Springs Drive in Shepherdsville near I-65 Exit 117. There are sepa-

rate directors and staff for tourism and the conference center. The Commission’s

source of funding is primarily a 2% restaurant tax and 4% transient room tax. The 2%

restaurant tax and one percent of the hotel tax goes towards operation of the Confer-

ence Centre. The remaining three percent of the transient room tax provides approxi-

mately $390,000 a year in funding for tourism development.

Tourism marketing activities include operation of a tourist information center

at the Conference Centre. Local tourism is promoted through a tourism web site,

online marketing, print ads, as well as television and radio advertisements. Tourism

staff attend travel and trade shows to promote Bullitt County. Local events are high-

lighted as well as tourism related businesses. The tourism office provides administra-

tive assistance for the Bullitt County Hospitality Association.

The Paroquet Springs Conference Centre attracts many meetings and events to

the City of Shepherdsville. It has 40,000 square feet of banquet, meeting and exhibit

space. The facilities are flexible and can accommodate groups up to 1500. There are

break-out rooms for small meetings and 12,000 square feet of exhibition space for lar-

ger events. The Banquet Room can comfortably seat 200 to 300 persons. There are

complete audio-visual capabilities throughout the Centre and full scale catering ser-

vices in house.