Livestock Indemnity Program (LIP) payments in Mercer County, Kentucky totaled $486,454 from 1995-2023.
From 1995 to 2023, the top 10 percent of Livestock Indemnity Program (LIP) payment recipients were paid 50 percent of Livestock Indemnity Program (LIP) recipients.
| Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 1995-2023 | Payment per Recipient |
|---|---|---|---|---|
| Top 1% | 8% | 1 | $39,021 | $39,021 |
| Top 2% | 14% | 2 | $69,097 | $34,549 |
| Top 3% | 20% | 3 | $98,070 | $32,690 |
| Top 4% | 25% | 4 | $121,516 | $30,379 |
| Top 5% | 30% | 5 | $144,418 | $28,884 |
| Top 6% | 38% | 7 | $183,518 | $26,217 |
| Top 7% | 41% | 8 | $199,648 | $24,956 |
| Top 8% | 44% | 9 | $214,988 | $23,888 |
| Top 9% | 47% | 10 | $229,709 | $22,971 |
| Top 10% | 50% | 11 | $240,913 | $21,901 |
| Top 11% | 53% | 13 | $259,058 | $19,928 |
| Top 12% | 55% | 14 | $266,797 | $19,057 |
| Top 13% | 56% | 15 | $274,311 | $18,287 |
| Top 14% | 58% | 16 | $281,409 | $17,588 |
| Top 15% | 59% | 17 | $288,418 | $16,966 |
| Top 16% | 62% | 19 | $300,949 | $15,839 |
| Top 17% | 63% | 20 | $307,082 | $15,354 |
| Top 18% | 64% | 21 | $313,059 | $14,908 |
| Top 19% | 66% | 22 | $318,921 | $14,496 |
| Top 20% | 67% | 23 | $324,346 | $14,102 |
| Remaining 80% of recips. | 33% | 96 | $162,108 | $1,689 |
Increasing crop reference prices would hurt young farmers
Do billionaires get farm subsidies?
Crop insurance pays billions in weather-related losses linked to the climate crisis
Crop insurance costs soar over time, reaching a record high in 2022
As the climate emergency heats up the Southwest, crop insurance payouts for heat surge
In the intensifying climate crisis, a hotter Southwest spurs rising heat-related crop insurance costs
