United States Department of Agriculture National Agricultural Statistics Service Land Values 2013 Summary August 2013 ISSN: 19491867
Contents Agricultural Land Values Highlights... 4 Farm Real Estate, Average Value per Acre United States: 20042013... 5 2013 Farm Real Estate Value by State, Dollars per Acre and Percent Change from 2012... 5 Cropland, Average Value per Acre United States: 20042013... 6 2013 Cropland Value by State, Dollars per Acre and Percent Change from 2012... 6 Pasture, Average Value per Acre United States: 20042013... 7 2013 Pasture Value by State, Dollars per Acre and Percent Change from 2012... 7 Farm Real Estate, Average Value per Acre Region, State, and United States: 20092013... 8 Cropland, Average Value per Acre Region, State, and United States: 20092013... 10 Irrigated and NonIrrigated Cropland, Average Value per Acre State: 20092013... 12 Pasture Average Value per Acre Region, State, and United States: 20092013... 14 Value of Farmland and Buildings Region, State, and United States: 20082012... 16 Economic Regions... 18 Statistical Methodology... 19 Information Contacts... 21 Land Values 2013 Summary (August 2013) 3
Agricultural Land Values Highlights The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $ per acre for 2013, up 9.4 percent from revised 2012 values. Regional changes in the average value of farm real estate ranged from a 23.1 percent increase in the Northern Plains region to no change in the Southeast region. The highest farm real estate values were in the Cornbelt region at $6,400 per acre. The Mountain region had the lowest farm real estate value at $1,020 per acre. The United States cropland value increased by $460 per acre (13.0 percent) to $4,000 per acre. In the Northern Plains and Corn Belt regions, the average cropland value increased 25.0 and 16.1 percent, respectively, from the previous year. However, in the Southeast region, cropland values decreased by 2.8 percent. The United States pasture value increased to $1,200 per acre, or 4.3 percent above 2012. The Southeast region had the largest percentage decrease in pasture value, 1.5 percent below 2012. The Northern Plains had the highest increase at 18.4 percent. 4 Land Values 2013 Summary (August 2013)
Average Farm Real Estate Value United States Dollars per acre 3,000 1,500 1,000 500 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Land Values 2013 Summary (August 2013) 5
Average Cropland Value United States Dollars per acre 4,000 3,000 1,500 1,000 500 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 6 Land Values 2013 Summary (August 2013)
Average Pasture Value United States Dollars per acre 1,200 1,000 800 600 400 200 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Land Values 2013 Summary (August 2013) 7
Farm Real Estate, Average Value per Acre Region, State, and United States: 20092013 Region and state 1 2009 2010 2011 2012 2013 Northeast... Connecticut... Delaware... Maine... Maryland... Massachusetts... New Hampshire... New Jersey... New York... Pennsylvania... Rhode Island... Vermont... Change 20122013 (dollars) (dollars) (dollars) (dollars) (dollars) (percent) 4,830 1 8,900 7,500 1 4,800 13,800 5,100 15,300 2,800 4,690 11,500 8,100 7,200 11,300 4,750 13,100 5,000 13,600 2,750 4,690 11,500 8,100 7,200 11,000 4,650 1 2,450 5,000 13,000 2,750 4,780 11,100 8,100 1,970 7,200 10,500 4,550 12,200 2,650 5,200 1 2,750 4,840 11,000 8,100 1,970 7,500 10,600 4,450 1 2,600 5,300 1 2,800 1.3 0.9 4.2 1.0 2.2 4.1 1.9 1.9 1.7 1.8 Lake... Michigan... Minnesota... Wisconsin... 3,300 3,750 2,870 3,750 3,340 3,650 2,990 3,750 3,650 3,850 3,350 4,050 4,180 4,250 4,050 4,350 4,660 4,800 4,750 4,400 11.5 12.9 17.3 1.1 Corn Belt... Illinois... Indiana... Iowa... Missouri... Ohio... 3,620 4,530 4,020 3,850 2,200 3,880 3,960 4,900 4,300 4,500 2,350 4,000 4,700 5,700 5,300 5,700 2,550 4,400 5,550 6,700 6,200 7,000 5,000 6,400 7,800 6,900 8,400 3,100 5,600 15.3 16.4 11.3 20.0 6.9 12.0 Northern Plains... Kansas... Nebraska... North Dakota... South Dakota... 1,020 1,030 1,340 780 890 1,120 1,100 1,520 850 970 1,350 1,300 1,940 980 1,130 1,730 1,610 2,590 1,240 1,400 2,130 1,900 3,050 1,690 23.1 18.0 17.8 36.3 28.6 Appalachian... Kentucky... North Carolina... Tennessee... Virginia... West Virginia... See footnote(s) at end of table. 3,530 2,850 4,250 3,300 4,800 3,560 2,880 4,200 3,550 4,600 3,650 4,470 3,650 4,500 3,700 3,050 4,500 3,700 4,450 3,840 3,300 4,550 3,800 4,550 2,750 3.8 8.2 1.1 2.7 2.2 1.9 continued 8 Land Values 2013 Summary (August 2013)
Farm Real Estate, Average Value per Acre Region, State, and United States: 20092013 (continued) Region and state 1 2009 2010 2011 2012 2013 Southeast... Alabama... Florida... Georgia... South Carolina... Change 20122013 (dollars) (dollars) (dollars) (dollars) (dollars) (percent) 3,690 2,150 5,150 4,100 3,520 4,800 3,900 3,450 2,050 4,700 3,800 3,320 4,600 3,320 4,500 3,600 2,850 2.2 2.9 1.7 Delta... Arkansas... Louisiana... Mississippi... 2,160 2,390 1,970 2,230 2,050 2,030 2,340 2,600 2,200 2,120 2,850 2,140 2,600 3,000 2,550 2,140 4.0 5.3 6.3 Southern Plains... Oklahoma... Texas... 1,470 1,170 1,550 1,580 1,240 1,670 1,660 1,330 1,750 1,730 1,480 1,760 1,590 1,810 1.7 7.4 0.6 Mountain... Arizona 2... Colorado... Idaho... Montana... Nevada 2... New Mexico 2... Utah 2... Wyoming... 922 1,100 2,200 700 1,000 480 520 913 1,080 700 1,000 480 1,810 520 923 1,100 2,050 710 1,000 500 540 974 3,600 1,170 2,120 760 1,050 560 560 1,020 3,800 1,280 2,200 790 1,050 550 1,900 560 4.7 5.6 9.4 3.8 3.9 1.8 5.6 Pacific... California... Oregon... Washington... 4,010 6,600 4,090 6,700 1,900 2,050 4,220 6,900 2,090 4,450 7,200 2,300 4,510 7,300 2,150 2,350 1.3 1.4 2.4 2.2 United States 3... Represents zero. 1 See page 18 for definition of Regions. 2 Excludes American Indian Reservation land. 3 Excludes Alaska and Hawaii. 2,110 2,200 2,390 2,650 9.4 Land Values 2013 Summary (August 2013) 9
Cropland, Average Value per Acre Region, State, and United States: 20092013 Region and state 1 2009 2010 2011 2012 2013 Northeast... Delaware... Maryland... New Jersey... New York... Pennsylvania... Other States 2... Change 20122013 (dollars) (dollars) (dollars) (dollars) (dollars) (percent) 5,340 8,500 7,300 14,000 2,200 5,700 7,570 5,260 7,900 7,000 13,300 5,650 7,150 5,190 7,800 7,000 12,800 5,550 7,040 5,260 7,800 7,000 12,300 2,600 5,650 6,940 5,280 7,800 7,000 12,800 2,550 5,700 6,950 0.4 4.1 1.9 0.9 0.1 Lake... Michigan... Minnesota... Wisconsin... 3,020 3,370 2,610 3,650 3,120 3,300 2,820 3,650 3,600 3,250 3,950 4,090 4,000 4,050 4,230 4,660 4,600 4,850 4,300 13.9 15.0 19.8 1.7 Corn Belt... Illinois... Indiana... Iowa... Missouri... Ohio... 3,910 4,670 3,950 4,050 2,540 3,900 4,240 4,900 4,400 4,600 2,690 4,050 5,070 5,800 5,300 5,900 2,940 4,400 6,010 6,800 6,200 7,300 3,340 5,000 6,980 7,900 7,100 8,600 3,800 5,700 16.1 16.2 14.5 17.8 13.8 14.0 Northern Plains... Kansas... Nebraska... North Dakota... South Dakota... 1,300 1,050 2,180 800 1,400 1,450 1,150 2,510 870 1,560 1,810 1,400 3,300 1,040 1,860 2,360 1,770 4,480 1,350 2,320 2,950 5,330 1,910 3,020 25.0 18.6 19.0 41.5 30.2 Appalachian... Kentucky... North Carolina... Tennessee... Virginia... West Virginia... See footnote(s) at end of table. 3,600 3,150 3,770 3,270 5,000 3,590 3,180 3,720 3,400 4,700 3,400 3,590 3,250 3,720 3,400 4,500 3,750 3,450 4,000 3,430 4,700 3,450 3,930 3,750 4,250 3,550 4,700 3,450 4.8 8.7 6.3 3.5 continued 10 Land Values 2013 Summary (August 2013)
Cropland, Average Value per Acre Region, State, and United States: 20092013 (continued) Region and State 1 2009 2010 2011 2012 2013 Southeast... Alabama... Florida... Georgia... South Carolina... Change 20122013 (dollars) (dollars) (dollars) (dollars) (dollars) (percent) 3,960 6,430 4,050 3,690 6,180 3,510 2,520 3,650 2,350 6,030 3,530 2,520 3,510 2,300 5,730 3,360 2,520 3,410 2,200 5,580 3,360 2,330 2.8 4.3 2.6 7.5 Delta... Arkansas... Louisiana... Mississippi... 1,810 1,860 1,740 1,810 1,920 1,990 1,900 2,050 2,120 1,970 2,020 2,220 2,370 2,120 2,070 2,410 2,560 2,270 2,300 8.6 8.0 7.1 11.1 Southern Plains... Oklahoma... Texas... 1,380 1,130 1,480 1,430 1,160 1,540 1,520 1,190 1,650 1,610 1,390 1,690 1,610 1,520 1,640 9.4 3.0 Mountain... Arizona 3... Colorado... Idaho... Montana... Nevada 3... New Mexico 3... Utah 3... Wyoming... 1,610 10,000 1,300 2,610 787 1,810 2,810 1,177 1,530 8,000 1,290 2,470 779 ( 4 ) 1,820 2,720 1,197 1,550 8,000 1,340 2,460 806 ( 4 ) 1,840 2,690 1,267 1,620 8,500 1,450 2,560 852 ( 4 ) 1,670 2,690 1,285 1,750 9,000 1,780 888 ( 4 ) 1,510 2,820 1,250 8.0 5.9 22.8 5.5 4.2 (X) 9.6 4.8 2.7 Pacific... California... Oregon... Washington... 5,210 9,480 2,340 1,790 5,080 9,130 2,290 1,890 5,240 9,450 2,290 1,960 5,540 9,810 2,510 2,230 5,820 10,190 2,610 5.1 3.9 4.0 12.1 United States 5... 2,670 2,770 3,100 Represents zero. (X) Not applicable. 1 See page 18 for definition of Regions. 2 Includes: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. 3 Excludes American Indian Reservation land. 4 Not published due to insufficient reports. 3,540 4,000 13.0 5 Excludes Alaska and Hawaii. Land Values 2013 Summary (August 2013) 11
Irrigated and NonIrrigated Cropland, Average Value per Acre State: 20092013 [Only States with significant irrigated acreage appear in this table] Region, State, and land type 1 Corn Belt Missouri all cropland... Irrigated... Nonirrigated... 2009 2010 2011 2012 2013 Change 20122013 (dollars) (dollars) (dollars) (dollars) (dollars) (percent) 2,540 3,050 2,690 3,250 2,650 2,940 3,340 3,900 3,300 3,800 4,500 3,750 13.8 15.4 13.6 Northern Plains Kansas all cropland... Irrigated... Nonirrigated... 1,050 1,500 1,000 1,150 1,600 1,100 1,400 1,900 1,350 1,770 1,700 3,000 18.6 25.0 17.6 Nebraska all cropland... Irrigated... Nonirrigated... 2,180 1,850 2,510 3,150 3,300 4,300 2,650 4,480 6,000 5,330 7,300 4,060 19.0 21.7 16.0 South Dakota all cropland... Irrigated... Nonirrigated... 1,400 1,850 1,390 1,560 1,550 1,860 1,850 2,320 2,300 3,020 3,000 30.2 (X) 30.4 Southeast Florida all cropland... Irrigated... Nonirrigated... 6,430 7,000 5,900 6,180 6,700 5,700 6,030 6,500 5,600 5,730 6,400 5,100 5,580 6,300 4,900 2.6 1.6 3.9 Georgia all cropland... Irrigated... Nonirrigated... 4,050 4,200 3,510 3,200 3,600 3,530 3,300 3,600 3,360 3,200 3,400 3,360 3,400 3,350 6.3 1.5 Delta Arkansas all cropland... Irrigated... Nonirrigated... 1,860 1,600 1,990 2,250 1,700 2,120 2,450 1,750 2,370 2,750 1,950 2,560 3,100 1,950 8.0 12.7 Louisiana all cropland... Irrigated... Nonirrigated... 1,740 1,500 1,700 1,830 1,970 1,850 2,120 2,150 2,270 2,150 2,300 7.1 7.5 7.0 Mississippi all cropland... Irrigated... Nonirrigated... 1,810 1,830 1,900 1,970 1,880 2,020 2,250 1,950 2,070 2,320 1,990 2,300 2,600 2,200 11.1 12.1 10.6 Southern Plains Oklahoma all cropland... Irrigated... Nonirrigated... 1,130 1,120 1,160 1,150 1,190 1,180 1,390 1,370 1,520 1,500 9.4 (X) 9.5 Texas all cropland... Irrigated... Nonirrigated... See footnote(s) at end of table. 1,480 1,700 1,450 1,540 1,700 1,510 1,650 1,750 1,630 1,690 1,770 1,680 1,640 1,830 1,610 3.0 3.4 4.2 continued 12 Land Values 2013 Summary (August 2013)
Irrigated and NonIrrigated Cropland, Average Value per Acre State: 20092013 (continued) [Only States with significant irrigated acreage appear in this table] Region, State, and land type 1 Mountain Arizona all cropland 3... Irrigated... 2009 2010 2011 2012 2013 Change 20122013 (dollars) (dollars) (dollars) (dollars) (dollars) (percent) 10,000 10,000 8,000 8,000 8,000 8,000 8,500 8,500 9,000 9,000 5.9 5.9 Colorado all cropland... Irrigated... Nonirrigated... 1,300 3,150 840 1,290 3,100 840 1,340 3,160 880 1,450 3,400 960 1,780 4,100 1,200 22.8 20.6 25.0 Idaho all cropland... Irrigated... Nonirrigated... 2,610 4,000 1,300 2,470 3,800 1,220 2,460 3,800 1,200 2,560 4,000 1,200 4,200 1,300 5.5 5.0 8.3 Montana all cropland... Irrigated... Nonirrigated... 787 2,800 600 779 600 806 630 852 680 888 2,800 710 4.2 3.7 4.4 Nevada all cropland 3... Irrigated... (X) (X) New Mexico all cropland 3... Irrigated... Nonirrigated... 1,810 5,490 400 1,820 5,500 400 1,840 5,500 430 1,670 4,800 460 1,510 4,300 440 9.6 10.4 4.3 Utah all cropland 3... Irrigated... Nonirrigated... 2,810 5,200 1,080 2,720 5,050 1,040 2,690 5,000 1,030 2,690 5,000 1,030 2,820 5,200 1,100 4.8 4.0 6.8 Wyoming all cropland... Irrigated... Nonirrigated... 1,177 1,900 700 1,197 1,950 700 1,267 2,050 1,285 2,050 1,250 2.7 2.4 (X) Pacific California all cropland... Irrigated... Nonirrigated... 9,480 11,600 3,400 9,130 11,100 9,450 11,500 3,600 9,810 1 3,550 10,190 1 3,600 3.9 4.2 1.4 Oregon all cropland... Irrigated... Nonirrigated... 2,340 3,680 1,850 2,290 3,650 2,290 3,650 2,510 4,200 1,900 2,610 4,300 4.0 2.4 5.3 Washington all cropland... Irrigated... Nonirrigated... Represents zero. (X) Not applicable. 1 See page 18 for definition of Regions. 2 Not published due to insufficient reports. 3 Excludes American Indian Reservation land. 1,790 4,200 1,150 1,890 4,700 1,150 1,960 5,200 1,100 2,230 6,300 1,150 7,400 1,200 12.1 17.5 4.3 Land Values 2013 Summary (August 2013) 13
Pasture Average Value per Acre Region, State, and United States: 20092013 Region and State 1 2009 2010 2011 2012 2013 Northeast... New Jersey... New York... Pennsylvania... Other States 2... Change 20122013 (dollars) (dollars) (dollars) (dollars) (dollars) (percent) 3,270 14,900 1,050 2,600 6,060 3,170 14,200 1,100 5,820 3,210 13,900 1,200 2,600 5,750 3,230 1 1,250 2,600 5,780 3,270 13,400 1,240 5,810 1.2 0.7 0.8 3.8 0.5 Lake... Michigan... Minnesota... Wisconsin... 1,790 2,550 1,400 2,050 1,780 1,400 2,050 1,400 2,090 1,870 1,500 2,130 2,020 1,750 2,150 8.0 8.0 16.7 0.9 Corn Belt... Illinois... Indiana... Iowa... Missouri... Ohio... 1,950 2,430 1,880 1,700 3,050 1,970 2,600 2,410 1,660 3,000 2,800 2,650 1,700 3,000 2,280 3,100 2,600 3,000 1,820 3,200 2,490 3,700 3,400 1,950 3,300 9.2 19.4 3.8 13.3 7.1 3.1 Northern Plains... Kansas... Nebraska... North Dakota... South Dakota... 496 750 450 350 430 519 790 475 370 440 556 810 530 410 470 689 1,000 660 490 590 816 1,250 700 630 710 18.4 25.0 6.1 28.6 20.3 Appalachian... Kentucky... North Carolina... Tennessee... Virginia... West Virginia... See footnote(s) at end of table. 3,400 2,420 4,600 3,650 4,800 1,900 3,320 2,440 4,500 3,600 4,500 1,900 3,300 2,420 4,730 3,600 4,200 3,270 4,500 3,580 4,100 3,410 2,800 4,750 3,600 4,150 2,150 4.3 12.0 5.6 0.6 1.2 2.4 continued 14 Land Values 2013 Summary (August 2013)
Pasture, Average Value per Acre Region, State, and United States: 20092013 (continued) Region and State 1 2009 2010 2011 2012 2013 Southeast... Alabama... Florida... Georgia... South Carolina... Change 20122013 (dollars) (dollars) (dollars) (dollars) (dollars) (percent) 4,270 1,700 5,300 6,000 4,030 1,650 5,050 5,400 3,690 1,600 4,500 5,000 3,430 1,550 4,300 4,200 2,850 3,380 1,600 4,200 4,200 1.5 3.2 2.3 5.3 Delta... Arkansas... Louisiana... Mississippi... 2,130 2,200 2,050 2,140 2,300 1,930 2,170 2,300 2,200 1,930 2,190 2,300 2,300 1,930 2,270 1,950 3.7 4.3 4.3 1.0 Southern Plains... Oklahoma... Texas... 1,300 1,010 1,360 1,340 1,020 1,410 1,420 1,040 1,500 1,490 1,150 1,560 1,520 1,330 1,560 2.0 15.7 Mountain... Arizona 3... Colorado... Idaho... Montana... Nevada 3... New Mexico 3... Utah 3... Wyoming... 517 900 670 1,280 530 620 280 870 410 518 950 650 1,250 530 ( 4 ) 290 920 410 525 ( 4 ) 640 1,220 530 ( 4 ) 310 920 430 551 ( 4 ) 640 1,210 570 ( 4 ) 350 920 450 558 ( 4 ) 680 1,210 580 ( 4 ) 350 950 440 1.3 (X) 6.3 1.8 (X) 3.3 2.2 Pacific... California... Oregon... Washington... 1,730 700 820 1,700 2,850 670 820 1,680 2,800 670 820 1,660 2,800 620 810 1,680 2,800 680 820 1.2 9.7 1.2 United States 5... 1,070 Represents zero. (X) Not applicable. 1 See page 18 for definition of Regions. 2 Includes: Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, Rhode Island, and Vermont. 3 Excludes American Indian Reservation land. 4 Not published due to insufficient reports. 5 Excludes Alaska and Hawaii. 1,080 1,100 1,150 1,200 4.3 Land Values 2013 Summary (August 2013) 15
Value of Farmland and Buildings Region, State, and United States: 20082012 [Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms] Region and State Northeast... Connecticut... Delaware... Maine... Maryland... Massachusetts... New Hampshire... New Jersey... New York... Pennsylvania... Rhode Island... Vermont... Total value of land and buildings 2008 2009 2010 2011 2012 Change 20112012 (million dollars) (million dollars) (million dollars) (million dollars) (million dollars) (percent) 5,080 5,150 2,970 16,400 6,396 2,303 11,169 16,685 39,680 1,176 3,538 4,800 4,361 2,835 15,375 6,240 2,256 10,074 17,040 39,525 1,071 3,416 4,600 3,969 14,760 5,876 2,233 9,563 16,800 38,500 952 3,355 4,600 3,969 14,760 5,720 2,186 9,271 17,150 38,000 910 3,355 4,440 3,969 2,660 14,760 5,460 2,139 8,906 18,550 40,040 840 3,355 3.5 1.5 4.5 2.2 3.9 8.2 5.4 7.7 Lake States... Michigan... Minnesota... Wisconsin... 39,000 79,893 58,520 37,500 77,203 57,000 36,500 80,431 56,625 38,500 89,948 60,750 42,075 108,540 65,250 9.3 20.7 7.4 Corn Belt... Illinois... Indiana... Iowa... Missouri... Ohio... 121,485 60,680 121,660 66,930 55,878 120,951 59,496 118,580 64,020 53,544 130,830 63,640 138,600 68,150 54,800 151,620 77,910 174,990 73,950 59,840 178,220 91,140 214,900 84,100 67,750 17.5 17.0 22.8 13.7 13.2 Northern Plains... Kansas... Nebraska... North Dakota... South Dakota... 47,124 60,648 30,492 40,204 47,586 61,104 30,888 38,893 50,710 69,312 33,660 42,389 59,800 88,270 38,808 49,325 74,060 117,845 49,104 61,110 23.8 33.5 26.5 23.9 Appalachian... Kentucky... North Carolina... Tennessee... Virginia... West Virginia... See footnote(s) at end of table. 39,900 38,270 37,605 40,000 9,250 39,900 36,550 35,970 38,400 8,880 40,320 36,120 38,518 36,800 8,760 40,600 37,995 39,420 35,775 9,855 4 38,250 39,960 35,823 9,774 5.2 0.7 1.4 0.1 0.8 continued 16 Land Values 2013 Summary (August 2013)
Value of Farmland and Buildings Region, State, and United States: 20082012 (continued) [Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms] Region and state Southeast... Alabama... Florida... Georgia... South Carolina... Total value of land and buildings 2008 2009 2010 2011 2012 Change 20112012 (million dollars) (million dollars) (million dollars) (million dollars) (million dollars) (percent) 20,585 52,170 44,720 14,455 19,350 47,638 42,230 14,210 18,900 44,400 40,170 14,210 18,245 43,475 39,140 14,210 17,700 42,550 36,400 13,920 3.0 2.1 7.0 2.0 Delta States... Arkansas... Louisiana... Mississippi... 33,154 16,503 22,880 32,504 15,859 2 34,000 16,400 22,635 35,100 17,490 23,638 38,475 19,080 23,861 9.6 9.1 0.9 Southern Plains... Oklahoma... Texas... 40,365 202,120 41,067 202,120 43,276 217,434 46,151 227,500 51,504 230,400 11.6 1.3 Mountain... Arizona 1... Colorado... Idaho... Montana... Nevada 1... New Mexico 1... Utah 1... Wyoming... 18,156 35,995 28,500 54,720 4,871 19,829 13,291 16,856 18,156 34,430 25,080 42,560 4,871 19,169 12,953 15,704 18,156 33,804 23,940 42,420 4,871 19,265 13,021 15,704 18,156 34,430 23,370 42,955 4,831 20,029 12,953 16,308 18,566 36,621 24,168 44,688 5,045 22,458 12,953 16,912 2.3 6.4 3.4 4.0 4.4 12.1 3.7 Pacific... California... Oregon... Washington... 163,576 31,160 29,896 167,640 29,520 29,600 170,180 31,065 30,340 175,260 32,600 30,932 182,880 34,650 34,040 4.3 6.3 10.0 United States 2... 1,921,888 1,870,219 1,943,664 Represents zero. 1 Value of all land and buildings adjusted to include American Indian Reservation land value. 2,106,750 2,332,591 10.7 2 Excludes Alaska and Hawaii. Land Values 2013 Summary (August 2013) 17
Economic Regions: Northeast:... Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont. Lake States:... Michigan, Minnesota, Wisconsin. Corn Belt:... Illinois, Indiana, Iowa, Missouri, Ohio. Northern Plains:... Kansas, Nebraska, North Dakota, South Dakota. Appalachian:... Kentucky, North Carolina, Tennessee, Virginia, West Virginia. Southeast:... Alabama, Florida, Georgia, South Carolina. Delta States:... Arkansas, Louisiana, Mississippi. Southern Plains:... Oklahoma, Texas. Mountain:... Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, Wyoming. Pacific:... California, Oregon, Washington. 18 Land Values 2013 Summary (August 2013)
Statistical Methodology June Area Survey Survey Procedures: The estimates of land values in this report are based primarily on the June Area Survey, conducted during the first two weeks of June. This annual survey uses a complete, probabilitybased landarea sampling frame. In 2013, the survey included a stratified sample of approximately 9,900 land areas (segments), averaging approximately one square mile in size. Enumerators collecting data for the June Area Survey contact all agricultural producers operating land within the boundaries of the sampled land segments and record land value information for cropland and pasture within these segments. They also collect an estimated value of all land and buildings for the operator s entire farming operation and the estimated percent change from the previous year. Survey reported data are reviewed for reasonableness and consistency by comparing with other data reported in the survey and with data reported within the segment the previous year. Estimating Procedures: Once the data are summarized, each Regional Field Office (RFO) conducts an analysis of the summarized indications and any other available information for their States. RFOs then set estimates for land values and submit these recommendations along with their assessment of survey and other administrative information to the Agricultural Statistics Board (ASB). Survey data are also summarized for Regional and National levels and reviewed independently of each State s review. National targets are established by the ASB. After RFO recommendations are submitted, the ASB reviews the RFO estimates and supporting comments and any conflicts with targeted National levels are resolved. The State estimates are weighted by the amount of cropland and pasture in each state, based on the most recent Census of Agriculture. For the purposes of this report, cropland pastured is defined as cropland. Published Estimates: State averages are not published for States with limited reports and/or high variability of the survey item s reported data. Revision Policy: For noncensus years land values are subject to an annual revision the following year. After the 5year Census of Agriculture is completed, land value estimates for the noncensus years are subject to a final historic revision. The basis for revision must be supported by additional data that directly affect the level of the estimate. Land Values 2013 Summary (August 2013) 19
Terms and Definitions Farm: Any establishment from which $1,000 or more of agricultural products were sold or would normally be sold during the year. Government payments are included in sales. Farm real estate value: The value at which all land and buildings used for agriculture production including dwellings, could be sold under current market conditions, if allowed to remain on the market for a reasonable amount of time. Cropland value: The value of land used to grow field crops, vegetables or land harvested for hay. Land that switches back and forth between cropland and pasture should be valued as cropland. Hay land, idle cropland and cropland enrolled in government conservation programs should be valued as cropland. Irrigated cropland value: The value of land that normally receives or has the potential to receive water by artificial means to supplement natural rainfall. Irrigated cropland may consist of both land that will or will not be irrigated during the current year, but still has the facilities and equipment to do so. Irrigation facilities and equipment such as wells, pumps, canals, ditches, reservoirs, lakes, tanks, ponds, rivers, streams or creeks are usually present or on nearby acres. Irrigated cropland is normally worth more than land without irrigation potential or facilities. Nonirrigated cropland value: The value of land that only receives water by natural rainfall. Pasture, grazing and grassland value: The value of land that is normally grazed by livestock. Pasture does not need to have livestock grazing on it at the time of interview or during the current year in order to be valued as pasture or grazing land. 20 Land Values 2013 Summary (August 2013)
Information Contacts Listed below are the commodity statisticians in the Economics Section of the Environmental, Economics, and Demographics Branch of the National Agricultural Statistics Service to contact for additional information. Email inquiries may be sent to nass@nass.usda.gov. Troy Joshua, Chief, Environmental, Economics, and Demographics Branch... (202) 7206146 Tony Dorn, Head, Economics Section... (202) 6903223 Daryl Brinkman Prices Received, Prices Received Indexes... (202) 7208844 Chris Dickerson Prices Received, Prices Received Indexes, Grazing Fees... (202) 6901348 Kuan Chen Prices, Prices Research... (202) 7205446 Bryan Combs Production Expenditures... (202) 7209168 Vincent Davis Prices Paid, Prices Paid Indexes... (202) 6903229 Mark Gorsak Prices, Prices Research... (202) 7203225 Michael Mathison Production Expenditures... (202) 7203243 Joe Hagedorn Cash Receipts, Land Values, Cash Rents... (202) 7202250 Land Values 2013 Summary (August 2013) 21
Released August 2, 2013, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). Access to NASS Reports For your convenience, you may access NASS reports and products the following ways: All reports are available electronically, at no cost, on the NASS web site: http://www.nass.usda.gov Both national and state specific reports are available via a free email subscription. To setup this free subscription, visit http://www.nass.usda.gov and in the Follow NASS box under Receive reports by Email, click on National or State to select the reports you would like to receive. For more information on NASS surveys and reports, call the NASS Agricultural Statistics Hotline at (800) 7279540, 7:30 a.m. to 4:00 p.m. ET, or email: nass@nass.usda.gov. The United States Department of Agriculture (USDA) prohibits discrimination in all its programs and activities on the basis of race, color, national origin, age, disability, and where applicable, sex, marital status, familial status, parental status, religion, sexual orientation, political beliefs, genetic information, reprisal, or because all or a part of an individual's income is derived from any public assistance program. (Not all prohibited bases apply to all programs.) Persons with disabilities who require alternative means for communication of program information (Braille, large print, audiotape, etc.) should contact USDA's TARGET Center at (202) 7202600 (voice and TDD). To file a complaint of discrimination, write to USDA, Assistant Secretary for Civil Rights, Office of the Assistant Secretary for Civil Rights, 1400 Independence Avenue, S.W., Stop 9410, Washington, DC 202509410, or call tollfree at (866) 6329992 (English) or (800) 8778339 (TDD) or (866) 3778642 (English Federalrelay) or (800) 8456136 (Spanish Federalrelay). USDA is an equal opportunity provider and employer.