United States Department of Agriculture National Agricultural Statistics Service ISSN: 1949- 1867 Land Values 2015 Summary August 2015 Contents Agricultural Land Values Highlights..................................................... 4 Farm Real Estate, Average Value per Acre - United States: 2006-2015..................... 5 2015 Farm Real Estate Value by State - Dollars per Acre and Percent Change from 2014.... 5 Cropland, Average Value per Acre - United States: 2006-2015............................. 6 2015 Cropland Value by State - Dollars per Acre and Percent Change from 2014............ 6 Pasture, Average Value per Acre - United States: 2006-2015.............................. 7 2015 Pasture Value by State - Dollars per Acre and Percent Change from 2014............. 7 Farm Real Estate, Average Value per Acre - Region, State, and United States: 2011-2015.. 8 Cropland, Average Value per Acre - Region, State, and United States: 2011-2015.......... 10 Irrigated and Non-Irrigated Cropland, Average Value per Acre - State: 2011-2015......... 12 Pasture Average Value per Acre - Region, State, and United States: 2011-2015............ 14 Value of Farmland and Buildings - Region, State, and United States: 2010-2014........... 16 Economic Regions ....................................................................... 18 Statistical Methodology................................................................. 19 Terms and Definitions................................................................... 20 Information Contacts.................................................................... 21 Agricultural Land Values Highlights The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $3,020 per acre for 2015, up 2.4 percent from 2014 values. Regional changes in the average value of farm real estate ranged from a 6.1 percent increase in the Southern Plains region to 0.3 percent decrease in the Corn Belt region. The highest farm real estate values were in the Corn Belt region at $6,350 per acre. The Mountain region had the lowest farm real estate value at $1,100 per acre. The United States cropland value increased by $30 per acre (0.7 percent) to $4,130 per acre from the previous year. In the Southern Plains region, the average cropland value increased 9.2 percent from the previous year. However, in the Corn Belt region, cropland values decreased by 2.3 percent. The United States pasture value increased to $1,330 per acre, or 2.3 percent above 2014. The Southeast region was unchanged from 2014. The Lake States region had the highest increase at 15.4 percent. Farm Real Estate, Average Value per Acre - Region, State, and United States: 2011-2015 -------------------------------------------------------------------------------- : : : : : : Change Region and state : 2011 : 2012 : 2013 : 2014 : 2015 :2014-2015 -------------------------------------------------------------------------------- : ------------------- dollars ------------------ percent : Northeast ..........: 4,690 4,790 4,850 4,930 5,020 1.8 Connecticut ......: 11,600 11,200 11,100 11,200 11,300 0.9 Delaware .........: 8,140 8,150 8,170 8,180 8,180 - Maine ............: 2,080 2,070 2,100 2,080 2,090 0.5 Maryland .........: 6,870 6,760 6,930 6,900 7,000 1.4 Massachusetts ....: 10,900 10,400 10,400 10,400 10,400 - New Hampshire ....: 4,560 4,440 4,310 4,280 4,280 - New Jersey .......: 12,800 12,300 12,800 12,800 13,000 1.6 New York .........: 2,450 2,650 2,600 2,700 3,000 11.1 Pennsylvania .....: 5,070 5,300 5,430 5,600 5,500 -1.8 Rhode Island .....: 14,400 13,800 13,800 13,700 13,800 0.7 Vermont ..........: 2,980 3,060 3,200 3,260 3,300 1.2 : Lake ...............: 3,450 3,880 4,240 4,640 4,740 2.2 Michigan .........: 3,600 3,890 4,300 4,700 4,900 4.3 Minnesota ........: 3,160 3,740 4,300 4,750 4,700 -1.1 Wisconsin ........: 3,880 4,110 4,100 4,400 4,700 6.8 : Corn Belt ..........: 4,460 5,190 5,880 6,370 6,350 -0.3 Illinois .........: 5,390 6,210 7,100 7,520 7,500 -0.3 Indiana ..........: 5,070 5,840 6,400 6,950 7,150 2.9 Iowa .............: 5,410 6,530 7,700 8,500 8,000 -5.9 Missouri .........: 2,420 2,710 2,850 3,100 3,350 8.1 Ohio .............: 4,160 4,640 5,100 5,550 5,750 3.6 : Northern Plains ....: 1,290 1,620 1,960 2,280 2,340 2.6 Kansas ...........: 1,240 1,510 1,750 2,050 2,030 -1.0 Nebraska .........: 1,840 2,420 2,800 3,120 3,050 -2.2 North Dakota .....: 930 1,160 1,550 1,820 1,920 5.5 South Dakota .....: 1,090 1,330 1,690 2,070 2,320 12.1 : Appalachian ........: 3,520 3,530 3,610 3,690 3,730 1.1 Kentucky .........: 2,750 2,840 3,020 3,150 3,250 3.2 North Carolina ...: 4,340 4,330 4,340 4,510 4,500 -0.2 Tennessee ........: 3,510 3,520 3,570 3,600 3,650 1.4 Virginia .........: 4,350 4,260 4,310 4,320 4,320 - West Virginia ....: 2,580 2,540 2,550 2,560 2,600 1.6 -------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Farm Real Estate, Average Value per Acre - Region, State, and United States: 2011-2015 (continued) -------------------------------------------------------------------------------- : : : : : : Change Region and state : 2011 : 2012 : 2013 : 2014 : 2015 :2014-2015 -------------------------------------------------------------------------------- : ------------------ dollars ------------------ percent : Southeast ..........: 3,610 3,530 3,590 3,630 3,670 1.1 Alabama ..........: 2,340 2,390 2,500 2,600 2,630 1.2 Florida ..........: 5,130 5,160 5,200 5,250 5,400 2.9 Georgia ..........: 3,610 3,260 3,300 3,300 3,270 -0.9 South Carolina ...: 2,980 3,010 2,980 3,010 3,010 - : Delta ..............: 2,300 2,440 2,520 2,640 2,780 5.3 Arkansas .........: 2,440 2,620 2,700 2,850 3,050 7.0 Louisiana ........: 2,200 2,400 2,550 2,670 2,800 4.9 Mississippi ......: 2,200 2,250 2,270 2,340 2,420 3.4 : Southern Plains ....: 1,580 1,620 1,630 1,790 1,900 6.1 Oklahoma .........: 1,260 1,370 1,450 1,580 1,730 9.5 Texas ............: 1,670 1,690 1,680 1,850 1,940 4.9 : Mountain ...........: 899 953 1,010 1,070 1,100 2.8 Arizona 1/ .......: 3,330 3,370 3,500 3,740 3,780 1.1 Colorado .........: 1,100 1,170 1,280 1,350 1,440 6.7 Idaho ............: 2,060 2,140 2,220 2,360 2,470 4.7 Montana ..........: 710 760 790 860 890 3.5 Nevada 1/ ........: 995 1,040 1,040 1,080 1,130 4.6 New Mexico 1/ ....: 470 520 500 520 510 -1.9 Utah 1/ ..........: 1,800 1,800 1,900 2,030 2,050 1.0 Wyoming ..........: 560 590 600 630 660 4.8 : Pacific ............: 4,100 4,270 4,290 4,520 4,780 5.8 California .......: 6,670 6,880 6,900 7,300 7,700 5.5 Oregon ...........: 1,900 1,960 1,970 2,050 2,120 3.4 Washington .......: 2,060 2,260 2,300 2,500 2,700 8.0 : United States 2/ ...: 2,300 2,520 2,730 2,950 3,020 2.4 -------------------------------------------------------------------------------- - Represents zero. 1/ Excludes American Indian Reservation land. 2/ Excludes Alaska and Hawaii. Cropland, Average Value per Acre - Region, State, and United States: 2011-2015 -------------------------------------------------------------------------------- : : : : : : Change Region and state : 2011 : 2012 : 2013 : 2014 : 2015 :2014-2015 -------------------------------------------------------------------------------- : ------------------- dollars ------------------ percent : Northeast ..........: 5,200 5,280 5,260 5,260 5,330 1.3 Delaware .........: 7,840 7,850 7,870 7,880 7,950 0.9 Maryland .........: 6,680 6,570 6,470 6,470 6,470 - New Jersey .......: 12,900 12,400 12,900 13,000 13,500 3.8 New York .........: 2,400 2,600 2,550 2,530 2,600 2.8 Pennsylvania .....: 5,630 5,760 5,840 5,840 5,900 1.0 Other States 1/ ..: 7,170 7,120 7,060 7,020 7,090 1.0 : Lake ...............: 3,310 3,790 4,240 4,670 4,670 - Michigan .........: 3,370 3,660 4,120 4,500 4,550 1.1 Minnesota ........: 3,070 3,740 4,390 4,870 4,750 -2.5 Wisconsin ........: 3,780 4,000 4,010 4,350 4,600 5.7 : Corn Belt ..........: 4,810 5,600 6,470 7,000 6,840 -2.3 Illinois .........: 5,480 6,300 7,190 7,700 7,650 -0.6 Indiana ..........: 5,070 5,840 6,590 7,050 7,000 -0.7 Iowa .............: 5,600 6,810 8,000 8,750 8,200 -6.3 Missouri .........: 2,790 3,120 3,500 3,810 3,810 - Ohio .............: 4,160 4,640 5,190 5,650 5,850 3.5 : Northern Plains ....: 1,730 2,210 2,720 3,090 3,130 1.3 Kansas ...........: 1,340 1,650 1,930 2,260 2,210 -2.2 Nebraska .........: 3,130 4,190 4,860 5,180 5,070 -2.1 North Dakota .....: 987 1,260 1,750 2,050 2,140 4.4 South Dakota .....: 1,790 2,200 2,840 3,430 3,730 8.7 : Appalachian ........: 3,440 3,550 3,690 3,780 3,830 1.3 Kentucky .........: 3,080 3,210 3,430 3,550 3,720 4.8 North Carolina ...: 3,610 3,850 4,050 4,200 4,100 -2.4 Tennessee ........: 3,270 3,260 3,340 3,400 3,470 2.1 Virginia .........: 4,350 4,500 4,450 4,460 4,440 -0.4 West Virginia ....: 3,340 3,250 3,200 3,210 3,250 1.2 -------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Cropland, Average Value per Acre - Region, State, and United States: 2011-2015 (continued) -------------------------------------------------------------------------------- : : : : : : Change Region and State : 2011 : 2012 : 2013 : 2014 : 2015 :2014-2015 -------------------------------------------------------------------------------- : ------------------ dollars ------------------ percent : Southeast ..........: 3,810 3,710 3,690 3,730 3,770 1.1 Alabama ..........: 2,680 2,750 2,750 2,850 2,850 - Florida ..........: 6,580 6,420 6,450 6,500 6,560 0.9 Georgia ..........: 3,360 3,130 3,080 3,080 3,160 2.6 South Carolina ...: 2,590 2,620 2,440 2,460 2,460 - : Delta ..............: 2,020 2,160 2,380 2,510 2,600 3.6 Arkansas .........: 1,990 2,180 2,380 2,540 2,630 3.5 Louisiana ........: 1,970 2,120 2,260 2,380 2,500 5.0 Mississippi ......: 2,100 2,180 2,470 2,570 2,620 1.9 : Southern Plains ....: 1,450 1,500 1,480 1,630 1,780 9.2 Oklahoma .........: 1,130 1,280 1,390 1,500 1,620 8.0 Texas ............: 1,580 1,590 1,520 1,680 1,840 9.5 : Mountain ...........: 1,540 1,600 1,780 1,690 1,740 3.0 Arizona 2/ .......: 7,610 7,960 8,290 8,320 8,320 - Colorado .........: 1,340 1,450 1,770 1,840 1,910 3.8 Idaho ............: 2,470 2,580 2,850 3,040 3,200 5.3 Montana ..........: 806 852 890 987 997 1.0 Nevada 2/ ........: (D) (D) (D) 2,670 2,670 - New Mexico 2/ ....: 1,740 1,550 1,450 1,450 1,440 -0.7 Utah 2/ ..........: 2,690 2,690 3,230 3,260 3,300 1.2 Wyoming ..........: 1,320 1,360 1,360 1,370 1,370 - : Pacific ............: 5,070 5,310 5,690 5,860 6,160 5.1 California .......: 9,130 9,400 9,860 10,140 10,690 5.4 Oregon ...........: 2,180 2,340 2,400 2,500 2,600 4.0 Washington .......: 1,930 2,190 2,420 2,560 2,630 2.7 : United States 3/ ...: 2,980 3,350 3,810 4,100 4,130 0.7 -------------------------------------------------------------------------------- - Represents zero. (D) Withheld to avoid disclosing data for individual operations. 1/ Includes: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. 2/ Excludes American Indian Reservation land. 3/ Excludes Alaska and Hawaii. Irrigated and Non-Irrigated Cropland, Average Value per Acre - State: 2011-2015 [Only States with significant irrigated acreage appear in this table] ---------------------------------------------------------------------------------------- Region, State, : : : : : : Change and land type : 2011 : 2012 : 2013 : 2014 : 2015 :2014-2015 ---------------------------------------------------------------------------------------- : ------------------ dollars ------------------ percent : Corn Belt : Missouri all cropland ....: 2,790 3,120 3,500 3,810 3,810 - Irrigated .............: 3,320 3,640 4,140 4,750 5,130 8.0 Non-irrigated .........: 2,750 3,080 3,450 3,730 3,700 -0.8 : Northern Plains : Kansas all cropland ......: 1,340 1,650 1,930 2,260 2,210 -2.2 Irrigated .............: 1,810 2,250 2,760 3,280 3,270 -0.3 Non-irrigated .........: 1,290 1,590 1,840 2,150 2,090 -2.8 : Nebraska all cropland ....: 3,130 4,190 4,860 5,180 5,070 -2.1 Irrigated .............: 4,080 5,610 6,700 7,100 6,870 -3.2 Non-irrigated .........: 2,510 3,270 3,730 4,000 3,970 -0.8 : South Dakota all cropland : 1,790 2,200 2,840 3,430 3,730 8.7 Irrigated .............: (D) (D) (D) (D) (D) (X) Non-irrigated .........: 1,780 2,190 2,820 3,400 3,700 8.8 : Southeast : Florida all cropland .....: 6,580 6,420 6,450 6,500 6,560 0.9 Irrigated .............: 7,090 7,180 7,280 7,430 7,570 1.9 Non-irrigated .........: 6,110 5,720 5,660 5,630 5,610 -0.4 : Georgia all cropland .....: 3,360 3,130 3,080 3,080 3,160 2.6 Irrigated .............: 3,140 2,980 3,120 3,430 3,600 5.0 Non-irrigated .........: 3,420 3,170 3,070 2,950 3,000 1.7 : Delta : Arkansas all cropland ....: 1,990 2,180 2,380 2,540 2,630 3.5 Irrigated .............: 2,300 2,530 2,790 3,000 3,100 3.3 Non-irrigated .........: 1,640 1,790 1,760 1,840 1,900 3.3 : Louisiana all cropland ...: 1,970 2,120 2,260 2,380 2,500 5.0 Irrigated .............: 1,850 2,000 2,150 2,270 2,400 5.7 Non-irrigated .........: 2,000 2,150 2,300 2,420 2,530 4.5 : Mississippi all cropland .: 2,100 2,180 2,470 2,570 2,620 1.9 Irrigated .............: 2,330 2,440 2,760 2,930 3,030 3.4 Non-irrigated .........: 2,020 2,090 2,330 2,390 2,420 1.3 : Southern Plains : Oklahoma all cropland ....: 1,130 1,280 1,390 1,500 1,620 8.0 Irrigated .............: (D) (D) (D) (D) (D) (X) Non-irrigated .........: 1,120 1,270 1,370 1,480 1,610 8.8 : Texas all cropland .......: 1,580 1,590 1,520 1,680 1,840 9.5 Irrigated .............: 1,670 1,660 1,700 1,880 2,050 9.0 Non-irrigated .........: 1,560 1,580 1,490 1,650 1,800 9.1 ---------------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Irrigated and Non-Irrigated Cropland, Average Value per Acre - State: 2011-2015 (continued) [Only States with significant irrigated acreage appear in this table] -------------------------------------------------------------------------------------- Region, State, : : : : : : Change and land type : 2011 : 2012 : 2013 : 2014 : 2015 :2014-2015 -------------------------------------------------------------------------------------- : ----------------- dollars ---------------- percent : Mountain : Arizona all cropland 1/ .....: 7,610 7,960 8,290 8,320 8,320 - Irrigated ................: 7,610 7,960 8,290 8,320 8,320 - : Colorado all cropland .......: 1,340 1,450 1,770 1,840 1,910 3.8 Irrigated ................: 3,160 3,400 4,100 4,450 4,650 4.5 Non-irrigated ............: 880 960 1,200 1,200 1,230 2.5 : Idaho all cropland ..........: 2,470 2,580 2,850 3,040 3,200 5.3 Irrigated ................: 3,820 4,040 4,240 4,600 4,830 5.0 Non-irrigated ............: 1,210 1,210 1,310 1,320 1,400 6.1 : Montana all cropland ........: 806 852 890 987 997 1.0 Irrigated ................: 2,690 2,690 2,780 2,950 2,960 0.3 Non-irrigated ............: 630 680 710 800 810 1.3 : Nevada all cropland 1/ ......: (D) (D) (D) 2,670 2,670 - Irrigated ................: (D) (D) (D) 2,670 2,670 - : New Mexico all cropland 1/ ..: 1,740 1,550 1,450 1,450 1,440 -0.7 Irrigated ................: 5,190 4,450 3,910 3,930 3,920 -0.3 Non-irrigated ............: 410 430 400 390 390 - : Utah all cropland 1/ ........: 2,690 2,690 3,230 3,260 3,300 1.2 Irrigated ................: 5,000 5,000 5,200 5,250 5,300 1.0 Non-irrigated ............: 1,030 1,030 1,100 1,120 1,140 1.8 : Wyoming all cropland ........: 1,320 1,360 1,360 1,370 1,370 - Irrigated ................: 2,140 2,170 2,140 2,190 2,190 - Non-irrigated ............: (D) (D) (D) 780 770 -1.3 : Pacific : California all cropland .....: 9,130 9,400 9,860 10,140 10,690 5.4 Irrigated ................: 11,100 11,500 11,800 12,100 12,700 5.0 Non-irrigated ............: 3,480 3,390 3,400 3,650 4,000 9.6 : Oregon all cropland .........: 2,180 2,340 2,400 2,500 2,600 4.0 Irrigated ................: 3,470 3,920 3,940 4,140 4,360 5.3 Non-irrigated ............: 1,710 1,770 1,830 1,900 1,950 2.6 : Washington all cropland .....: 1,930 2,190 2,420 2,560 2,630 2.7 Irrigated ................: 5,130 6,190 7,240 7,670 7,850 2.3 Non-irrigated ............: 1,080 1,130 1,170 1,230 1,280 4.1 -------------------------------------------------------------------------------------- - Represents zero. (D) Withheld to avoid disclosing data for individual operations. (X) Not applicable. 1/ Excludes American Indian Reservation land. Pasture Average Value per Acre - Region, State, and United States: 2011-2015 -------------------------------------------------------------------------------- : : : : : : Change Region and State : 2011 : 2012 : 2013 : 2014 : 2015 :2014-2015 -------------------------------------------------------------------------------- : ------------------- dollars ------------------ percent : Northeast ..........: 3,220 3,240 3,370 3,460 3,480 0.6 Maryland 1/ ......: (D) (D) (D) 6,000 6,000 - New Jersey .......: 14,000 13,600 13,500 13,500 13,500 - New York .........: 1,200 1,250 1,240 1,330 1,430 7.5 Pennsylvania .....: 2,640 2,650 2,770 2,900 2,850 -1.7 Other States 2/ ..: 5,730 5,760 5,840 5,790 5,840 0.9 : Lake ...............: 1,710 1,740 1,870 1,950 2,250 15.4 Michigan .........: 2,340 2,290 2,420 2,500 2,680 7.2 Minnesota ........: 1,320 1,390 1,580 1,600 1,900 18.8 Wisconsin ........: 2,000 2,010 2,000 2,150 2,500 16.3 : Corn Belt ..........: 2,000 2,130 2,290 2,360 2,440 3.4 Illinois .........: 2,650 2,870 3,370 3,400 3,550 4.4 Indiana ..........: 2,390 2,450 2,500 2,550 2,600 2.0 Iowa .............: 2,520 2,800 3,220 3,400 3,400 - Missouri .........: 1,610 1,700 1,790 1,850 1,950 5.4 Ohio .............: 2,840 2,970 3,010 3,100 3,140 1.3 : Northern Plains ....: 531 648 754 954 1,020 6.9 Kansas ...........: 773 938 1,150 1,300 1,390 6.9 Nebraska .........: 503 617 643 900 870 -3.3 North Dakota .....: 389 458 578 750 850 13.3 South Dakota .....: 453 561 667 860 980 14.0 : Appalachian ........: 3,170 3,110 3,210 3,280 3,350 2.1 Kentucky .........: 2,290 2,330 2,560 2,700 2,750 1.9 North Carolina ...: 4,590 4,330 4,530 4,760 4,700 -1.3 Tennessee ........: 3,460 3,410 3,380 3,400 3,500 2.9 Virginia .........: 4,060 3,920 3,930 3,930 4,050 3.1 West Virginia ....: 2,010 1,980 1,990 2,000 2,020 1.0 -------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Pasture, Average Value per Acre - Region, State, and United States: 2011-2015 (continued) -------------------------------------------------------------------------------- : : : : : : Change Region and State : 2011 : 2012 : 2013 : 2014 : 2015 :2014-2015 -------------------------------------------------------------------------------- : ------------------ dollars ------------------ percent : Southeast ..........: 3,900 3,700 3,770 3,790 3,790 - Alabama ..........: 1,830 1,850 2,000 2,100 2,140 1.9 Florida ..........: 4,910 4,820 4,850 4,910 4,900 -0.2 Georgia ..........: 4,750 3,910 3,850 3,650 3,580 -1.9 South Carolina ...: 2,980 2,960 2,820 2,900 2,940 1.4 : Delta ..............: 2,120 2,130 2,190 2,270 2,320 2.2 Arkansas .........: 2,160 2,110 2,160 2,240 2,290 2.2 Louisiana ........: 2,200 2,300 2,400 2,500 2,590 3.6 Mississippi ......: 2,000 2,030 2,070 2,110 2,140 1.4 : Southern Plains ....: 1,350 1,390 1,410 1,540 1,570 1.9 Oklahoma .........: 985 1,060 1,210 1,360 1,420 4.4 Texas ............: 1,430 1,460 1,450 1,580 1,600 1.3 : Mountain ...........: 523 550 594 611 614 0.5 Arizona 3/ .......: (D) (D) (D) (D) (D) (X) Colorado .........: 640 640 680 760 760 - Idaho ............: 1,230 1,220 1,220 1,220 1,250 2.5 Montana ..........: 530 570 580 640 650 1.6 Nevada 3/ ........: (D) (D) (D) (D) (D) (X) New Mexico 3/ ....: 290 330 320 360 340 -5.6 Utah 3/ ..........: 920 920 950 1,050 1,050 - Wyoming ..........: 450 480 470 490 510 4.1 : Pacific ............: 1,620 1,590 1,590 1,610 1,630 1.2 California .......: 2,710 2,680 2,650 2,700 2,700 - Oregon ...........: 640 600 620 630 660 4.8 Washington .......: 810 800 800 810 820 1.2 : United States 4/ ...: 1,070 1,110 1,170 1,300 1,330 2.3 -------------------------------------------------------------------------------- - Represents zero. (D) Withheld to avoid disclosing data for individual operations. (X) Not applicable. 1/ Induded in Other States prior to 2014 2/ Includes: Connecticut, Delaware, Maine, Maryland (prior to 2014), Massachusetts, New Hampshire, Rhode Island, and Vermont. 3/ Excludes American Indian Reservation land. 4/ Excludes Alaska and Hawaii. Value of Farmland and Buildings - Region, State, and United States: 2010-2014 [Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms] -------------------------------------------------------------------------------- : Total value of land and buildings :----------------------------------------------------------- : : : : : : Change Region and State : 2010 : 2011 : 2012 : 2013 : 2014 :2013-2014 -------------------------------------------------------------------------------- : --------------- million dollars --------------- percent : Northeast ..........: Connecticut ......: 4,715 4,872 4,928 4,884 4,928 0.9 Delaware .........: 4,065 4,151 4,157 4,085 4,090 0.1 Maine ............: 2,870 2,912 3,002 3,150 3,016 -4.3 Maryland .........: 14,309 14,015 13,723 14,207 14,007 -1.4 Massachusetts ....: 5,936 5,777 5,408 5,408 5,408 - New Hampshire ....: 2,204 2,098 2,087 2,026 2,012 -0.7 New Jersey .......: 9,301 9,216 8,856 9,216 9,216 - New York .........: 17,040 17,395 19,027 18,720 19,386 3.6 Pennsylvania .....: 38,633 38,380 40,810 41,811 43,232 3.4 Rhode Island .....: 1,022 1,008 966 966 959 -0.7 Vermont ..........: 3,596 3,695 3,825 4,000 4,075 1.9 : Lake States ........: Michigan .........: 34,830 36,000 38,706 42,785 46,765 9.3 Minnesota ........: 75,481 82,476 97,240 111,370 123,025 10.5 Wisconsin ........: 53,655 56,648 60,006 59,860 63,800 6.6 : Corn Belt ..........: Illinois .........: 126,968 145,530 167,049 190,990 202,288 5.9 Indiana ..........: 61,674 74,529 85,848 94,080 102,165 8.6 Iowa .............: 133,110 165,546 199,818 235,620 259,250 10.0 Missouri .........: 65,149 68,970 76,693 80,940 87,730 8.4 Ohio .............: 53,284 57,408 64,960 71,400 77,700 8.8 : Northern Plains ....: Kansas ...........: 48,972 57,164 69,611 80,675 94,300 16.9 Nebraska .........: 66,738 83,536 109,626 126,840 141,024 11.2 North Dakota .....: 32,430 36,735 45,588 60,915 71,526 17.4 South Dakota .....: 41,013 47,197 57,589 73,177 89,631 22.5 : Appalachian ........: Kentucky .........: 37,252 36,300 36,920 39,260 40,950 4.3 North Carolina ...: 34,608 36,022 36,415 36,456 37,884 3.9 Tennessee ........: 37,368 37,908 38,368 38,913 39,240 0.8 Virginia .........: 36,900 35,670 35,358 35,773 35,424 -1.0 West Virginia ....: 8,388 9,288 9,169 9,180 9,216 0.4 -------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Value of Farmland and Buildings - Region, State, and United States: 2010-2014 (continued) [Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms] -------------------------------------------------------------------------------- : Total value of land and buildings :----------------------------------------------------------- : : : : : : Change Region and state : 2010 : 2011 : 2012 : 2013 : 2014 :2013-2014 -------------------------------------------------------------------------------- :---------------- million dollars ---------------- percent : Southeast ..........: Alabama ..........: 20,470 20,826 21,271 22,500 23,140 2.8 Florida ..........: 47,846 48,479 49,278 49,660 49,875 0.4 Georgia ..........: 36,569 35,017 31,296 31,350 31,020 -1.1 South Carolina ...: 14,750 14,900 14,960 14,811 15,050 1.6 : Delta States .......: Arkansas .........: 32,880 33,428 36,156 37,260 39,330 5.6 Louisiana ........: 16,298 17,270 18,960 20,018 20,826 4.0 Mississippi ......: 22,672 23,980 24,525 24,743 25,506 3.1 : Southern Plains ....: Oklahoma .........: 41,640 43,344 47,128 49,880 54,194 8.6 Texas ............: 210,560 219,605 220,038 218,568 240,500 10.0 : Mountain ...........: Arizona 1/ .......: 13,298 13,796 17,960 18,506 23,922 29.3 Colorado .........: 34,020 34,760 37,323 40,576 42,930 5.8 Idaho ............: 24,265 23,896 25,252 26,196 27,848 6.3 Montana ..........: 42,420 43,097 45,448 47,163 51,342 8.9 Nevada 1/ ........: 4,877 4,838 5,071 5,113 5,566 8.9 New Mexico 1/ ....: 18,597 18,814 20,641 19,929 20,663 3.7 Utah 1/ ..........: 12,840 12,773 12,773 13,439 15,528 15.5 Wyoming ..........: 16,200 16,800 17,936 18,120 19,152 5.7 : Pacific ............: California .......: 169,830 170,752 176,128 175,950 186,150 5.8 Oregon ...........: 29,646 30,780 31,948 32,505 33,620 3.4 Washington .......: 29,638 30,076 33,222 34,040 36,750 8.0 : United States 2/ ...:1,890,827 2,027,677 2,223,067 2,397,034 2,595,159 8.3 -------------------------------------------------------------------------------- - Represents zero. 1/ Value of all land and buildings adjusted to include American Indian Reservation land value. 2/ Excludes Alaska and Hawaii. 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. Statistical Methodology 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, probability-based land-area sampling frame. A sample of approximately 11,000 segments of land is selected, each 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 Regional and United States 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 to ensure confidentiality of individual operations. Revision Policy: For non-census years land values are subject to an annual revision the following year. After the 5-year Census of Agriculture is completed, land value estimates for the non-census 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. 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. Non-irrigated 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. Information Contacts Listed below are the commodity statisticians in the Environmental, Economics, and Demographics Branch of the National Agricultural Statistics Service to contact for additional information. E- mail inquiries may be sent to nass@nass.usda.gov. Troy Joshua, Chief, Environmental, Economics, and Demographics Branch.............. (202) 720-6146 Tony Dorn, Head, Economics Section................................................. (202) 690-3223 Rachel Antzak - Cash Receipts, Land Values...................................... (202) 720-5446 Tynesha Boomer - Production Expenditures........................................ (202) 720-9168 Daryl Brinkman - Prices Received, Prices Received Indexes, Parity Prices........ (202) 720-8844 Kuan Chen - Prices, Prices Research............................................. (202) 690-3347 Liana Cuffman - Tenure, Ownership and Transition of Agricultural Land (TOTAL)... (202) 720-2250 Greg Gholson - Prices, Prices Research, Prices Received Indexes, Parity Prices.. (202) 690-1348 Joe Hagedorn - Cash Rents, Grazing Fees, TOTAL.................................. (202) 690-3231 Michael Mathison - Farm Expenditures............................................ (202) 720-3243 Judy McDermott - Prices Paid, Prices Paid Indexes............................... (202) 690-3229 Scott Shimmin, Head, Environmental and Demographics Section........................ (202) 720-0684 Stephanie Brennan - Field Crops Chemical Use ................................... (202) 690-0392 David Colwell - Current Agricultural Industrial Reports......................... (202) 690-3233 Doug Farmer - Vegetable Chemical Use............................................ (202) 720-7492 Ginger Harris - Census of Agriculture........................................... (502) 582-5293 Steve Peterson - Farms, Land in Farms, Census................................... (202) 720-5581 Jackie Ross - Census of Agriculture............................................. (202) 720-7644 Miste Salmon - Current Agricultural Industrial Reports....................... (202) 690-3226 Theresa Varner - Farm Labor, Chemical Use....................................... (202) 690-2284 Released August 5, 2015, 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 e- mail subscription. To set-up 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) 727-9540, 7:30 a.m. to 4:00 p.m. ET, or e-mail: nass@nass.usda.gov. The U.S. Department of Agriculture (USDA) prohibits discrimination against its customers, employees, and applicants for employment on the basis of race, color, national origin, age, disability, sex, gender identity, religion, reprisal, and where applicable, political beliefs, marital status, familial or parental status, sexual orientation, or all or part of an individual's income is derived from any public assistance program, or protected genetic information in employment or in any program or activity conducted or funded by the Department. (Not all prohibited bases will apply to all programs and/or employment activities.) If you wish to file a Civil Rights program complaint of discrimination, complete the USDA Program Discrimination Complaint Form (PDF), found online at http://www.ascr.usda.gov/complaint_filing_cust.html, or at any USDA office, or call (866) 632-9992 to request the form. You may also write a letter containing all of the information requested in the form. Send your completed complaint form or letter to us by mail at U.S. Department of Agriculture, Director, Office of Adjudication, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410, by fax (202) 690-7442 or email at program.intake@usda.gov.