Farm Assets, Debt, and Income, by State statistics

[Assets and debt, as of December 31 (840,609 represents $840,609,000,000). Farm income data are after inventory adjustment and include income and expenses related to the farm operator's dwelling] Minus sign (-) indicates loss]


																															FINAL AGRICULTURAL					FINAL AGRICULTURAL				NET FARM					NET FARM
				ASSETS					ASSETS				DEBT					DEBT				DEBT/ASSET					DEBT/ASSET				SECTOR OUTPUT					SECTOR OUTPUT				INCOME					INCOME
STATE	STATE	FIPS		(mil. dol.)					(mil. dol.)				(mil. dol.)					(mil. dol.)				RATIO (percent)					RATIO (percent)				(mil. dol.)					(mil. dol.)				(mil. dol.)					(mil. dol.)
		code
			1990	1991	1992	1993	1994	1995	1996	1997	1998	1990	1991	1992	1993	1994	1995	1996	1997	1998	1990	1991	1992	1993	1994	1995	1996	1997	1998	1990	1991	1992	1993	1994	1995	1996	1997	1998	1990	1991	1992	1993	1994	1995	1996	1997	1998


United States	U.S.	00000	840,609	844,170	868,343	910,237	935,485	966,655	1,003,884	1,051,572	1,064,298	137,962	139,218	139,052	141,964	146,800	150,769	156,074	165,413	172,862	16.4	16.5	16.0	15.6	15.7	15.6	15.6	15.7	16.2	188,751	183,735	191,366	191,356	208,198	203,489	228,401	231,173	220,839	44,747	38,671	47,918	44,533	49,235	37,212	54,926	48,623	44,089
Alabama	AL	01000	10,148	10,633	11,342	12,518	13,362	13,529	13,799	14,423	14,895	1,378	1,403	1,390	1,434	1,466	1,553	1,626	1,745	1,887	13.6	13.2	12.3	11.5	11.0	11.5	11.8	12.1	12.7	3,176	3,396	3,190	3,318	3,583	3,480	3,747	3,884	4,026	888	1,178	1,100	1,085	1,209	882	1,014	1,093	1,209
Alaska	AK	02000	571	507	530	558	592	563	589	614	632	26	23	18	16	16	12	15	19	21	4.5	4.6	3.4	2.8	2.7	2.1	2.6	3.2	3.3	33	32	31	35	43	42	47	53	52	8	9	8	13	17	17	20	26	20
Arizona	AZ	04000	11,212	11,796	9,774	23,033	23,723	24,755	25,844	27,808	28,662	1,386	1,288	1,175	1,212	1,241	1,209	1,257	1,347	1,398	12.4	10.9	12.0	5.3	5.2	4.9	4.9	4.8	4.9	1,988	1,994	1,869	2,066	1,943	2,377	2,298	2,432	2,493	624	697	636	778	433	672	628	567	700
Arkansas	AR	05000	15,682	15,322	16,091	17,084	17,678	17,945	19,313	20,219	20,670	3,027	3,108	3,114	3,329	3,398	3,609	3,676	4,003	4,196	19.3	20.3	19.4	19.5	19.2	20.1	19.0	19.8	20.3	4,636	4,808	4,992	4,820	5,735	5,467	6,536	6,406	5,923	855	895	1,339	1,132	1,435	1,448	2,052	1,843	1,595
California	CA	06000	68,751	70,274	71,345	70,527	69,648	73,733	75,971	78,780	80,098	13,151	13,098	13,149	13,434	13,927	14,307	14,602	15,558	16,522	19.1	18.6	18.4	19.1	20.0	19.4	19.2	19.8	20.6	20,185	19,130	19,755	21,706	22,960	23,615	25,152	27,642	25,854	5,718	4,180	5,192	5,765	5,987	4,872	5,847	6,437	5,366
Colorado	CO	08000	17,408	16,208	17,109	18,912	19,816	20,664	21,852	23,016	23,027	2,872	2,834	2,792	2,941	3,055	3,281	3,396	3,555	3,630	16.5	17.5	16.3	15.6	15.4	15.9	15.5	15.4	15.8	4,618	4,053	4,090	4,505	4,381	4,552	4,812	4,893	4,880	1,084	703	749	951	509	501	728	613	760
Connecticut	CT	09000	2,084	2,064	2,268	2,216	2,172	2,144	2,148	2,135	2,233	216	200	198	194	199	199	204	242	252	10.4	9.7	8.7	8.7	9.1	9.3	9.5	11.4	11.3	499	458	516	539	545	510	532	559	566	164	133	181	194	181	128	144	107	129
Delaware	DE	10000	1,452	1,361	1,464	1,510	1,551	1,623	1,618	1,646	2,168	316	301	330	338	305	313	321	357	367	21.8	22.1	22.5	22.4	19.7	19.3	19.9	21.7	16.9	701	700	665	662	740	746	850	840	876	146	134	120	114	132	90	118	86	118
Florida	FL	12000	24,835	24,100	24,673	25,188	25,338	25,497	25,758	26,074	27,050	3,641	3,551	3,632	3,883	4,058	3,945	4,128	4,376	4,518	14.7	14.7	14.7	15.4	16.0	15.5	16.0	16.8	16.7	5,916	6,406	6,371	6,347	6,335	6,241	6,666	6,811	7,029	2,136	2,650	2,730	2,415	2,307	1,887	2,019	2,114	2,226
Georgia	GA	13000	15,478	14,785	15,586	15,737	16,551	17,450	17,888	18,883	18,075	2,751	2,757	2,784	2,742	2,852	3,143	3,164	3,363	3,503	17.8	18.6	17.9	17.4	17.2	18.0	17.7	17.8	19.4	4,303	4,603	4,595	4,657	5,472	5,635	6,239	6,332	6,142	1,241	1,562	1,696	1,481	2,078	1,770	2,022	1,996	1,901
Hawaii	HI	15000	3,900	4,044	3,981	3,837	3,711	3,627	3,628	3,553	3,949	350	288	296	260	259	203	234	251	265	9.0	7.1	7.4	6.8	7.0	5.6	6.4	7.1	6.7	652	580	556	541	553	534	547	551	542	128	64	46	44	40	37	31	41	34
Idaho	ID	16000	11,450	11,561	10,913	12,150	12,490	13,233	13,712	14,816	15,316	2,377	2,465	2,495	2,433	2,589	2,599	2,743	2,903	2,986	20.8	21.3	22.9	20.0	20.7	19.6	20.0	19.6	19.5	3,163	2,849	2,890	3,228	3,232	3,483	3,754	3,624	3,698	1,028	817	865	1,103	678	731	930	615	840
Illinois	IL	17000	48,990	50,633	51,320	54,305	57,372	59,915	62,201	66,510	68,039	7,107	7,303	7,382	7,543	7,797	8,079	8,352	8,848	9,346	14.5	14.4	14.4	13.9	13.6	13.5	13.4	13.3	13.7	8,462	7,682	8,839	8,261	9,494	7,710	10,397	9,695	8,769	1,512	745	1,721	1,483	2,067	733	2,525	2,145	1,484
Indiana	IN	18000	25,054	25,261	26,477	27,805	28,731	30,552	32,342	34,734	34,918	4,494	4,569	4,550	4,498	4,661	4,744	4,985	5,319	5,579	17.9	18.1	17.2	16.2	16.2	15.5	15.4	15.3	16.0	5,317	4,600	5,340	5,429	5,586	5,101	6,239	6,189	5,633	822	187	744	851	825	452	1,330	1,264	802
Iowa	IA	19000	50,770	50,634	52,809	53,841	55,481	58,976	64,513	67,991	67,032	9,647	9,862	9,984	10,436	10,725	10,933	11,506	12,080	12,663	19.0	19.5	18.9	19.4	19.3	18.5	17.8	17.8	18.9	11,163	10,693	11,772	9,386	12,421	11,340	14,126	13,734	12,142	2,268	1,752	2,576	854	2,954	2,208	4,243	3,767	2,277
Kansas	KS	20000	28,388	28,649	29,202	30,581	31,594	31,750	33,152	34,142	33,848	5,552	5,510	5,576	5,786	5,929	6,017	6,318	6,695	6,918	19.6	19.2	19.1	18.9	18.8	19.0	19.1	19.6	20.4	7,851	7,222	8,071	7,811	8,522	7,927	9,116	9,555	8,662	1,696	1,168	1,804	1,617	1,785	957	2,008	1,755	1,496
Kentucky	KY	21000	16,685	16,955	17,854	18,724	19,839	20,175	20,610	22,283	22,189	2,573	2,738	2,684	2,584	2,758	2,861	3,009	3,206	3,371	15.4	16.2	15.0	13.8	13.9	14.2	14.6	14.4	15.2	3,524	3,629	3,934	3,807	3,882	3,485	4,112	4,275	4,459	1,053	1,089	1,362	1,174	1,247	816	1,244	1,315	1,313
Louisiana	LA	22000	8,790	8,429	8,319	8,167	8,376	9,001	7,835	8,015	11,119	1,711	1,708	1,625	1,611	1,604	1,609	1,572	1,629	1,723	19.5	20.3	19.5	19.7	19.2	17.9	20.1	20.3	15.5	2,055	2,001	2,015	1,964	2,335	2,303	2,631	2,416	2,091	325	285	451	421	543	584	809	566	374
Maine	ME	23000	1,841	1,801	1,939	1,887	1,848	1,858	1,838	1,837	1,934	309	277	294	308	324	337	353	366	371	16.8	15.4	15.1	16.3	17.5	18.1	19.2	19.9	19.2	548	480	563	529	559	532	568	536	557	136	74	162	134	131	82	121	40	63
Maryland	MD	24000	6,005	6,103	7,108	6,992	7,006	7,032	7,088	6,858	7,619	930	944	973	997	1,014	964	994	1,042	1,078	15.5	15.5	13.7	14.3	14.5	13.7	14.0	15.2	14.2	1,549	1,511	1,544	1,522	1,606	1,585	1,832	1,727	1,777	346	293	347	327	322	224	406	233	310
Massachusetts	MA	25000	2,690	2,728	2,951	2,926	2,865	2,885	2,913	2,930	3,534	298	294	300	295	289	238	297	333	357	11.1	10.8	10.2	10.1	10.1	8.3	10.2	11.4	10.1	480	504	510	496	515	497	539	604	558	131	155	169	152	148	116	151	182	130
Michigan	MI	26000	14,763	15,004	15,428	15,975	16,686	17,443	18,068	19,174	20,811	2,629	2,572	2,621	2,604	2,633	2,712	2,886	3,070	3,121	17.8	17.1	17.0	16.3	15.8	15.6	16.0	16.0	15.0	3,553	3,601	3,525	3,699	3,773	3,991	3,881	4,114	3,902	568	454	429	490	344	648	441	401	308
Minnesota	MN	27000	35,008	34,966	35,844	35,010	35,634	38,206	39,966	41,567	41,687	6,433	6,617	6,740	6,901	7,306	7,691	8,011	8,664	9,239	18.4	18.9	18.8	19.7	20.5	20.1	20.0	20.8	22.2	8,090	7,425	7,434	6,268	8,263	7,862	9,751	8,931	8,791	2,103	1,197	1,312	162	1,447	919	2,262	954	1,260
Mississippi	MS	28000	11,456	11,484	11,596	12,043	12,460	12,411	13,107	13,840	13,553	2,454	2,465	2,317	2,314	2,414	2,496	2,503	2,584	2,688	21.4	21.5	20.0	19.2	19.4	20.1	19.1	18.7	19.8	2,723	2,872	2,944	2,868	3,433	3,400	3,955	3,912	3,835	309	353	607	436	718	644	1,045	938	927
Missouri	MO	29000	27,660	27,761	29,142	30,530	31,233	32,895	34,697	36,623	36,139	4,443	4,587	4,601	4,709	4,848	5,199	5,305	5,662	6,086	16.1	16.5	15.8	15.4	15.5	15.8	15.3	15.5	16.8	4,504	4,494	4,907	4,547	5,164	4,806	6,056	6,125	5,393	723	584	819	535	796	397	1,310	1,371	763
Montana	MT	30000	16,436	16,520	16,970	18,676	19,648	19,959	20,321	20,490	19,892	2,518	2,472	2,455	2,444	2,613	2,565	2,585	2,692	2,718	15.3	15.0	14.5	13.1	13.3	12.9	12.7	13.1	13.7	1,831	1,962	1,850	2,229	2,088	2,233	2,186	2,250	2,084	431	630	533	891	453	433	376	297	355
Nebraska	NE	31000	33,275	32,722	32,811	34,427	34,942	36,057	37,811	39,438	39,492	6,352	6,603	6,867	7,255	7,466	7,697	8,016	8,459	8,941	19.1	20.2	20.9	21.1	21.4	21.4	21.2	21.5	22.6	9,782	9,379	9,454	9,001	9,529	9,068	11,218	10,522	9,777	2,506	2,294	2,512	1,985	2,111	1,611	3,414	2,011	1,759
Nevada	NV	32000	2,482	2,616	2,100	2,231	2,313	2,479	2,714	2,879	2,934	254	239	232	230	235	235	233	244	258	10.2	9.1	11.1	10.3	10.2	9.5	8.6	8.5	8.8	327	307	279	359	351	339	352	356	380	83	76	55	113	57	39	37	23	47
New Hampshire	NH	33000	947	899	944	923	924	920	922	920	1,868	71	67	69	74	75	75	80	87	94	7.5	7.5	7.3	8.1	8.1	8.1	8.7	9.4	5.1	163	160	179	157	168	160	169	179	176	39	37	56	33	35	18	20	16	12
New Jersey	NJ	34000	5,523	5,860	6,017	5,908	5,829	5,846	5,782	5,722	6,736	412	435	458	459	416	417	572	587	477	7.5	7.4	7.6	7.8	7.1	7.1	9.9	10.3	7.1	744	750	758	807	893	888	928	900	876	192	178	188	213	247	211	242	156	117
New Mexico	NM	35000	10,513	10,642	10,100	10,352	10,786	10,811	10,981	11,343	11,830	1,088	1,064	1,051	1,106	1,123	1,181	1,264	1,280	1,351	10.4	10.0	10.4	10.7	10.4	10.9	11.5	11.3	11.4	1,581	1,622	1,593	1,726	1,836	1,679	1,804	2,118	2,093	421	443	496	559	497	329	370	505	571
New York	NY	36000	12,154	12,208	12,901	12,680	12,664	12,251	12,314	12,280	13,006	2,169	2,010	2,105	2,133	2,150	2,171	2,238	2,352	2,419	17.9	16.5	16.3	16.8	17.0	17.7	18.2	19.2	18.6	3,167	3,035	3,074	3,064	3,155	3,126	3,299	3,090	3,398	611	498	571	593	496	366	547	196	447
North Carolina	NC	37000	15,220	15,738	17,085	17,433	18,759	19,954	21,098	21,643	21,101	2,577	2,703	2,637	2,691	2,970	3,273	3,345	3,514	3,678	16.9	17.2	15.4	15.4	15.8	16.4	15.9	16.2	17.4	6,081	6,340	6,505	7,001	7,853	8,245	9,327	9,803	8,930	2,173	2,445	2,458	2,703	3,136	2,744	3,359	3,326	2,361
North Dakota	ND	38000	18,994	18,470	19,430	20,265	20,788	21,107	21,495	22,087	21,355	3,351	3,332	3,273	3,441	3,608	3,719	3,754	3,970	4,070	17.6	18.0	16.8	17.0	17.4	17.6	17.5	18.0	19.1	2,893	2,731	3,382	2,962	3,489	3,289	4,122	3,197	3,663	680	492	1,017	625	863	414	1,064	128	746
Ohio	OH	39000	24,644	25,111	25,970	26,853	28,867	29,516	30,876	32,798	33,204	3,172	3,171	3,170	3,061	3,329	3,431	3,643	3,916	4,131	12.9	12.6	12.2	11.4	11.5	11.6	11.8	11.9	12.4	5,044	4,534	5,011	4,880	5,354	5,216	5,768	6,292	5,792	1,178	654	1,070	890	1,200	992	1,386	1,807	1,299
Oklahoma	OK	40000	19,971	20,508	21,044	21,792	22,468	21,715	22,824	24,589	24,008	3,746	3,693	3,614	3,719	3,886	3,845	4,102	4,291	4,392	18.8	18.0	17.2	17.1	17.3	17.7	18.0	17.5	18.3	4,090	4,030	3,997	4,129	4,529	3,942	4,006	4,765	4,337	951	771	981	1,054	1,111	457	580	948	901
Oregon	OR	41000	12,172	12,281	13,289	14,420	15,656	16,872	17,326	17,225	18,223	2,385	2,490	2,335	2,120	2,157	2,182	2,222	2,373	2,540	19.6	20.3	17.6	14.7	13.8	12.9	12.8	13.8	13.9	2,890	2,936	3,050	3,426	3,438	3,553	3,725	3,975	3,797	536	527	533	666	566	400	545	598	515
Pennsylvania	PA	42000	18,539	19,202	19,055	19,495	19,371	19,550	20,125	20,432	22,000	2,255	2,368	2,402	2,423	2,458	2,486	2,548	2,658	2,710	12.2	12.3	12.6	12.4	12.7	12.7	12.7	13.0	12.3	4,096	3,766	4,219	4,161	4,278	4,174	4,706	4,542	4,686	849	546	1,040	941	800	534	1,003	552	662
Rhode Island	RI	44000	349	334	381	391	400	396	395	392	467	34	36	38	40	39	61	37	37	39	9.8	10.6	10.0	10.1	9.7	15.4	9.3	9.3	8.3	78	78	86	76	76	72	73	71	74	35	36	45	34	31	25	27	21	24
South Carolina	SC	45000	6,732	6,955	6,880	7,002	7,471	7,542	7,730	8,096	7,800	937	907	878	833	847	842	896	937	974	13.9	13.0	12.8	11.9	11.3	11.2	11.6	11.6	12.5	1,269	1,395	1,329	1,354	1,609	1,602	1,833	1,896	1,684	269	381	375	332	512	375	475	493	330
South Dakota	SD	46000	18,343	17,972	18,047	18,515	18,670	18,729	20,052	21,522	21,790	3,256	3,417	3,433	3,576	3,670	3,711	3,765	3,937	4,143	17.8	19.0	19.0	19.3	19.7	19.8	18.8	18.3	19.0	3,479	3,388	3,544	3,388	3,891	3,489	4,510	4,215	4,208	1,069	963	1,093	992	1,205	705	1,497	1,009	1,158
Tennessee	TN	47000	15,444	15,713	16,946	17,244	18,131	19,886	20,953	22,835	22,429	2,002	1,990	1,985	1,833	1,993	2,070	2,147	2,337	2,517	13.0	12.7	11.7	10.6	11.0	10.4	10.3	10.2	11.2	2,340	2,356	2,542	2,546	2,703	2,692	2,659	2,767	2,712	438	458	653	644	725	546	452	492	343
Texas	TX	48000	76,800	75,050	78,636	80,649	80,477	80,443	82,010	88,464	86,678	9,513	9,680	9,366	9,704	9,909	10,149	10,471	11,140	11,417	12.4	12.9	11.9	12.0	12.3	12.6	12.8	12.6	13.2	13,468	13,595	13,342	14,428	14,587	15,088	14,358	15,835	14,713	3,039	3,007	3,565	4,209	3,857	2,750	2,564	3,226	3,125
Utah	UT	49000	5,406	5,585	6,039	7,944	8,163	8,636	9,207	9,628	9,956	662	661	654	650	669	688	710	767	787	12.2	11.8	10.8	8.2	8.2	8.0	7.7	8.0	7.9	869	824	888	963	982	965	1,034	1,104	1,126	267	243	294	336	232	168	185	190	219
Vermont	VT	50000	2,219	2,167	2,346	2,370	2,385	2,417	2,426	2,423	2,622	349	344	323	343	344	347	363	377	385	15.8	15.9	13.8	14.5	14.4	14.4	15.0	15.6	14.7	497	482	553	507	529	519	559	568	615	103	90	165	117	119	93	130	108	142
Virginia	VA	51000	14,632	15,576	15,682	15,487	16,566	17,199	17,776	18,141	18,001	1,914	1,925	1,919	1,899	1,879	1,836	1,841	1,943	1,995	13.1	12.4	12.2	12.3	11.3	10.7	10.4	10.7	11.1	2,478	2,437	2,542	2,426	2,630	2,654	2,824	2,699	2,800	661	649	733	587	742	636	677	508	496
Washington	WA	53000	16,267	16,580	16,818	18,398	18,726	19,377	19,873	20,431	20,502	2,899	2,869	2,813	2,917	3,031	3,052	3,098	3,284	3,468	17.8	17.3	16.7	15.9	16.2	15.8	15.6	16.1	16.9	4,338	4,617	4,980	5,514	5,426	5,799	6,477	6,036	5,996	850	954	1,202	1,392	1,027	906	1,483	870	1,050
West Virginia	WV	54000	2,943	3,354	3,379	3,448	3,554	3,687	3,919	4,053	4,096	398	396	405	412	402	390	390	400	409	13.5	11.8	12.0	11.9	11.3	10.6	10.0	9.9	10.0	411	387	425	481	511	488	490	506	529	54	40	81	90	93	50	33	32	35
Wisconsin	WI	55000	22,808	22,761	23,544	23,662	24,427	25,329	25,962	26,251	26,497	4,740	4,718	4,719	4,893	4,969	5,176	5,361	5,629	5,817	20.8	20.7	20.0	20.7	20.3	20.4	20.7	21.5	22.0	6,298	5,871	5,953	5,740	6,335	6,072	6,685	6,511	6,813	1,146	659	799	549	675	494	932	435	908
Wyoming	WY	56000	6,713	6,275	6,857	7,617	7,738	8,111	8,536	9,015	8,614	838	863	834	910	899	918	936	984	1,051	12.5	13.8	12.2	12.0	11.6	11.3	11.0	10.9	12.2	850	1,034	913	1,017	883	916	905	1,136	934	155	241	238	277	107	99	81	208	60

Source: U.S. Dept. of Agriculture, Economic Research Service, "Farm Business Balance Sheet and Financial Ratios;" published 15 October 1999; ; and "United States and State Farm Income Data;" published 1 October 1999; .

http://www.ers.usda.gov/

http://www.allcountries.org/uscensus/1112_farm_assets_debt_and_income_by.html

These tables are based on figures supplied by the United States Census Bureau, U.S. Department of Commerce and are subject to revision by the Census Bureau.

Copyright © 2006 Photius Coutsoukis and Information Technology Associates, all rights reserved.