Morehead was probably the third community to be established in the county and likewise grew around a sawmill, which was operated by Jake Wilson.
The largest was the Morehead & North Fork Railroad (later abandoned), which by 1908 connected the Chesapeake & Ohio Railroad at Morehead with Redwine in Morgan County.
In 1990 the leading employer in the county was MoreheadStateUniversity.
MoreheadStateUniversity in Morehead, Kentucky, has received a $1 million grant from the W. Paul and Lucille Caudill Little Foundation, the largest gift in its history.
The university plans to endow a faculty chair in theater and expand one of its theater programs.
Morehead's foundation has $20.5 million in assets now, according to Ender, making the $2 million donation a major boost.
It was established at MoreheadStateUniversity (MSU) in 1999 as a Kentucky Program of Distinction to help meet MoreheadStateUniversity's responsibilities for providing applied research and organized public service to MSU's service region, encompassing eastern and northeastern Kentucky.
In addition, IRAPP has broader goals to provide research, public service, and academic study for the larger Appalachian region.