Insights from the Lawrence County Chamber President and CEO at the County’s Annual State Address

On Wednesday, April 16th, the Historic Crockett Theater served as the venue for the State of the County event, aimed at updating the community on both current developments and future prospects in Lawrence County. The event featured a presentation by Ryan Egly, the President and CEO of the Lawrence County Chamber of Commerce. He provided a comprehensive overview of the county’s status and its trajectory, supported by relevant data and insights.

Recent statistics reveal a positive trend in population growth, with Lawrence County experiencing a 5.2% increase from 2020 to 2024, as reported by the U.S. Census Bureau. This upward trend not only enhances the county’s attractiveness as a desirable location for living, working, and raising families but also broadens the local tax base. A growing population leads to heightened demand for housing and stimulates investments in new services and retail establishments.

The labor market in Lawrence County is also showing significant improvement, evidenced by a steady decline in the unemployment rate, which reached 2.8% in April 2024. This decline underscores the robustness of the job market and reflects increased workforce participation. With more individuals gainfully employed, families and the community at large can enjoy a more stable economic environment.

Job creation has been particularly noteworthy in recent years, with the county adding nearly 1,600 jobs between 2018 and 2023, marking a remarkable 12.6% increase that surpasses national averages. This job growth is particularly pronounced in sectors such as manufacturing, healthcare, and logistics. The manufacturing sector alone employs over 2,200 individuals in the county, with projections indicating a further 10% growth in the next five years.

In addition to job growth, household incomes in Lawrence County have seen a substantial rise, with the median household income climbing from $47,000 in 2020 to $53,000 in 2023, representing a 19% increase. This rise in income not only enhances the quality of life for residents but also bolsters support for small businesses and public services.

The county is also focusing on workforce development through educational initiatives, including partnerships with technical colleges and apprenticeship programs. These collaborations create a direct pathway for skilled workers to enter the job market, thereby fostering industrial growth.

As Lawrence County continues to evolve and prosper, the emphasis remains on sustainable development that benefits all residents. The county is on a positive trajectory, and the outlook for the future is indeed promising.