United States Department of Agriculture National Agricultural Statistics Service ISSN: 1949- 1867 Land Values 2014 Summary August 2014 Contents Agricultural Land Values Highlights..................................................... 4 Farm Real Estate, Average Value per Acre - United States: 2005-2014.................... 5 2014 Farm Real Estate Value by State, Dollars per Acre and Percent Change from 2013..... 5 Cropland, Average Value per Acre - United States: 2005-2014............................. 6 2014 Cropland Value by State, Dollars per Acre and Percent Change from 2013............. 6 Pasture, Average Value per Acre - United States: 2005-2014.............................. 7 2014 Pasture Value by State, Dollars per Acre and Percent Change from 2013.............. 7 Farm Real Estate, Average Value per Acre - Region, State, and United States: 2010-2014.. 8 Cropland, Average Value per Acre - Region, State, and United States: 2010-2014.......... 10 Irrigated and Non-Irrigated Cropland, Average Value per Acre - State: 2010-2014......... 12 Pasture Average Value per Acre - Region, State, and United States: 2010-2014............ 14 Value of Farmland and Buildings - Region, State, and United States: 2009-2013........... 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 $2,950 per acre for 2014, up 8.1 percent from 2013 values. Regional changes in the average value of farm real estate ranged from a 16.3 percent increase in the Northern Plains region to 1.1 percent increase in the Southeast region. The highest farm real estate values were in the Corn Belt region at $6,370 per acre. The Mountain region had the lowest farm real estate value at $1,070 per acre. The United States cropland value increased by $290 per acre (7.6 percent) to $4,100 per acre from the previous year. In the Northern Plains region, the average cropland value increased 13.6 from the previous year. However, in the Mountain region, cropland values decreased by 5.1 percent. The United States pasture value increased to $1,300 per acre, or 11.1 percent above 2013. The Southeast region had the smallest percentage increase in pasture value, 0.5 percent above 2013. The Northern Plains had the highest increase at 26.5 percent. Farm Real Estate, Average Value per Acre - Region, State, and United States: 2010-2014 -------------------------------------------------------------------------------- : : : : : : Change Region and state : 2010 : 2011 : 2012 : 2013 : 2014 :2013-2014 -------------------------------------------------------------------------------- : ------------------- dollars ------------------ percent : Northeast ..........: 4,690 4,690 4,790 4,850 4,930 1.6 Connecticut ......: 11,500 11,600 11,200 11,100 11,200 0.9 Delaware .........: 8,130 8,140 8,150 8,170 8,180 0.1 Maine ............: 2,050 2,080 2,070 2,100 2,080 -1.0 Maryland .........: 6,980 6,870 6,760 6,930 6,900 -0.4 Massachusetts ....: 11,200 10,900 10,400 10,400 10,400 - New Hampshire ....: 4,690 4,560 4,440 4,310 4,280 -0.7 New Jersey .......: 13,100 12,800 12,300 12,800 12,800 - New York .........: 2,400 2,450 2,650 2,600 2,700 3.8 Pennsylvania .....: 5,050 5,070 5,300 5,430 5,600 3.1 Rhode Island .....: 14,600 14,400 13,800 13,800 13,700 -0.7 Vermont ..........: 2,900 2,980 3,060 3,200 3,260 1.9 : Lake ...............: 3,220 3,450 3,880 4,240 4,640 9.4 Michigan .........: 3,490 3,600 3,890 4,300 4,700 9.3 Minnesota ........: 2,870 3,160 3,740 4,300 4,750 10.5 Wisconsin ........: 3,650 3,880 4,110 4,100 4,400 7.3 : Corn Belt ..........: 3,830 4,460 5,190 5,880 6,370 8.3 Illinois .........: 4,720 5,390 6,210 7,100 7,520 5.9 Indiana ..........: 4,170 5,070 5,840 6,400 6,950 8.6 Iowa .............: 4,350 5,410 6,530 7,700 8,500 10.4 Missouri .........: 2,270 2,420 2,710 2,850 3,100 8.8 Ohio .............: 3,850 4,160 4,640 5,100 5,550 8.8 : Northern Plains ....: 1,080 1,290 1,620 1,960 2,280 16.3 Kansas ...........: 1,060 1,240 1,510 1,750 2,050 17.1 Nebraska .........: 1,470 1,840 2,420 2,800 3,120 11.4 North Dakota .....: 821 930 1,160 1,550 1,820 17.4 South Dakota .....: 945 1,090 1,330 1,690 2,070 22.5 : Appalachian ........: 3,480 3,520 3,530 3,610 3,690 2.2 Kentucky .........: 2,780 2,750 2,840 3,020 3,150 4.3 North Carolina ...: 4,120 4,340 4,330 4,340 4,510 3.9 Tennessee ........: 3,460 3,510 3,520 3,570 3,600 0.8 Virginia .........: 4,500 4,350 4,260 4,310 4,320 0.2 West Virginia ....: 2,330 2,580 2,540 2,550 2,560 0.4 -------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Farm Real Estate, Average Value per Acre - Region, State, and United States: 2010-2014 (continued) -------------------------------------------------------------------------------- : : : : : : Change Region and state : 2010 : 2011 : 2012 : 2013 : 2014 :2013-2014 -------------------------------------------------------------------------------- : ------------------ dollars ------------------ percent : Southeast ..........: 3,630 3,610 3,530 3,590 3,630 1.1 Alabama ..........: 2,300 2,340 2,390 2,500 2,600 4.0 Florida ..........: 5,090 5,130 5,160 5,200 5,250 1.0 Georgia ..........: 3,770 3,610 3,260 3,300 3,300 - South Carolina ...: 2,950 2,980 3,010 2,980 3,010 1.0 : Delta ..............: 2,210 2,300 2,440 2,520 2,640 4.8 Arkansas .........: 2,400 2,440 2,620 2,700 2,850 5.6 Louisiana ........: 2,050 2,200 2,400 2,550 2,670 4.7 Mississippi ......: 2,080 2,200 2,250 2,270 2,340 3.1 : Southern Plains ....: 1,520 1,580 1,620 1,630 1,790 9.8 Oklahoma .........: 1,200 1,260 1,370 1,450 1,580 9.0 Texas ............: 1,600 1,670 1,690 1,680 1,850 10.1 : Mountain ...........: 902 899 953 1,010 1,070 5.9 Arizona 1/ .......: 3,390 3,330 3,370 3,500 3,740 6.9 Colorado .........: 1,080 1,100 1,170 1,280 1,350 5.5 Idaho ............: 2,110 2,060 2,140 2,220 2,360 6.3 Montana ..........: 700 710 760 790 860 8.9 Nevada 1/ ........: 997 995 1,040 1,040 1,080 3.8 New Mexico 1/ ....: 460 470 520 500 540 8.0 Utah 1/ ..........: 1,810 1,800 1,800 1,900 2,030 6.8 Wyoming ..........: 540 560 590 600 630 5.0 : Pacific ............: 4,070 4,100 4,270 4,290 4,520 5.4 California .......: 6,660 6,670 6,880 6,900 7,300 5.8 Oregon ...........: 1,830 1,900 1,960 1,970 2,050 4.1 Washington .......: 2,030 2,060 2,260 2,300 2,500 8.7 : United States 2/ ...: 2,150 2,300 2,520 2,730 2,950 8.1 -------------------------------------------------------------------------------- - Represents zero. 1/ Excludes American Indian Reservation land. 2/ Excludes Alaska and Hawaii. Cropland, Average Value per Acre - Region, State, and United States: 2010-2014 -------------------------------------------------------------------------------- : : : : : : Change Region and state : 2010 : 2011 : 2012 : 2013 : 2014 :2013-2014 -------------------------------------------------------------------------------- : ------------------- dollars ------------------ percent : Northeast ..........: 5,270 5,200 5,280 5,260 5,260 - Delaware .........: 7,930 7,840 7,850 7,870 7,880 0.1 Maryland .........: 6,790 6,680 6,570 6,470 6,470 - New Jersey .......: 13,300 12,900 12,400 12,900 13,000 0.8 New York .........: 2,400 2,400 2,600 2,550 2,530 -0.8 Pennsylvania .....: 5,710 5,630 5,760 5,840 5,840 - Other States 1/ ..: 7,220 7,170 7,120 7,060 7,020 -0.6 : Lake ...............: 3,010 3,310 3,790 4,240 4,670 10.1 Michigan .........: 3,160 3,370 3,660 4,120 4,500 9.2 Minnesota ........: 2,710 3,070 3,740 4,390 4,870 10.9 Wisconsin ........: 3,550 3,780 4,000 4,010 4,350 8.5 : Corn Belt ..........: 4,090 4,810 5,600 6,470 7,000 8.2 Illinois .........: 4,720 5,480 6,300 7,190 7,700 7.1 Indiana ..........: 4,270 5,070 5,840 6,590 7,050 7.0 Iowa .............: 4,450 5,600 6,810 8,000 8,750 9.4 Missouri .........: 2,600 2,790 3,120 3,500 3,810 8.9 Ohio .............: 3,900 4,160 4,640 5,190 5,650 8.9 : Northern Plains ....: 1,410 1,730 2,210 2,720 3,090 13.6 Kansas ...........: 1,110 1,340 1,650 1,930 2,260 17.1 Nebraska .........: 2,430 3,130 4,190 4,860 5,180 6.6 North Dakota .....: 840 987 1,260 1,750 2,050 17.1 South Dakota .....: 1,520 1,790 2,200 2,840 3,430 20.8 : Appalachian ........: 3,490 3,440 3,550 3,690 3,780 2.4 Kentucky .........: 3,070 3,080 3,210 3,430 3,550 3.5 North Carolina ...: 3,650 3,610 3,850 4,050 4,200 3.7 Tennessee ........: 3,310 3,270 3,260 3,340 3,400 1.8 Virginia .........: 4,600 4,350 4,500 4,450 4,460 0.2 West Virginia ....: 3,300 3,340 3,250 3,200 3,210 0.3 -------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Cropland, Average Value per Acre - Region, State, and United States: 2010-2014 (continued) -------------------------------------------------------------------------------- : : : : : : Change Region and State : 2010 : 2011 : 2012 : 2013 : 2014 :2013-2014 -------------------------------------------------------------------------------- : ------------------ dollars ------------------ percent : Southeast ..........: 3,800 3,810 3,710 3,690 3,730 1.1 Alabama ..........: 2,630 2,680 2,750 2,750 2,850 3.6 Florida ..........: 6,550 6,580 6,420 6,450 6,500 0.8 Georgia ..........: 3,390 3,360 3,130 3,080 3,080 - South Carolina ...: 2,560 2,590 2,620 2,440 2,460 0.8 : Delta ..............: 1,890 2,020 2,160 2,380 2,510 5.5 Arkansas .........: 1,910 1,990 2,180 2,380 2,540 6.7 Louisiana ........: 1,800 1,970 2,120 2,260 2,380 5.3 Mississippi ......: 1,950 2,100 2,180 2,470 2,570 4.0 : Southern Plains ....: 1,400 1,450 1,500 1,480 1,630 10.1 Oklahoma .........: 1,130 1,130 1,280 1,390 1,500 7.9 Texas ............: 1,510 1,580 1,590 1,520 1,680 10.5 : Mountain ...........: 1,520 1,540 1,600 1,780 1,690 -5.1 Arizona 2/ .......: 7,750 7,610 7,960 8,290 8,320 0.4 Colorado .........: 1,290 1,340 1,450 1,770 1,840 4.0 Idaho ............: 2,480 2,470 2,580 2,850 3,040 6.7 Montana ..........: 779 806 852 890 987 10.9 Nevada 2/ ........: (D) (D) (D) (D) 2,670 (X) New Mexico 2/ ....: 1,750 1,740 1,550 1,450 1,450 - Utah 2/ ..........: 2,720 2,690 2,690 3,230 3,260 0.9 Wyoming ..........: 1,230 1,320 1,360 1,360 1,370 0.7 : Pacific ............: 4,980 5,070 5,310 5,690 5,860 3.0 California .......: 8,960 9,130 9,400 9,860 10,140 2.8 Oregon ...........: 2,210 2,180 2,340 2,400 2,500 4.2 Washington .......: 1,870 1,930 2,190 2,420 2,560 5.8 : United States 3/ ...: 2,700 2,980 3,350 3,810 4,100 7.6 -------------------------------------------------------------------------------- - Represents zero. (D) Withheld to avoid disclosing data for individual operations. (X) Not applicable. 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: 2010-2014 [Only States with significant irrigated acreage appear in this table] ---------------------------------------------------------------------------------------- Region, State, : : : : : : Change and land type : 2010 : 2011 : 2012 : 2013 : 2014 :2013-2014 ---------------------------------------------------------------------------------------- : ------------------ dollars ------------------ percent : Corn Belt : Missouri all cropland ....: 2,600 2,790 3,120 3,500 3,810 8.9 Irrigated .............: 3,140 3,320 3,640 4,140 4,750 14.7 Non-irrigated .........: 2,560 2,750 3,080 3,450 3,730 8.1 : Northern Plains : Kansas all cropland ......: 1,110 1,340 1,650 1,930 2,260 17.1 Irrigated .............: 1,540 1,810 2,250 2,760 3,280 18.8 Non-irrigated .........: 1,060 1,290 1,590 1,840 2,150 16.8 : Nebraska all cropland ....: 2,430 3,130 4,190 4,860 5,180 6.6 Irrigated .............: 3,050 4,080 5,610 6,700 7,100 6.0 Non-irrigated .........: 2,030 2,510 3,270 3,730 4,000 7.2 : South Dakota all cropland : 1,520 1,790 2,200 2,840 3,430 20.8 Irrigated .............: (D) (D) (D) (D) (D) (X) Non-irrigated .........: 1,510 1,780 2,190 2,820 3,400 20.6 : Southeast : Florida all cropland .....: 6,550 6,580 6,420 6,450 6,500 0.8 Irrigated .............: 7,100 7,090 7,180 7,280 7,430 2.1 Non-irrigated .........: 6,040 6,110 5,720 5,660 5,630 -0.5 : Georgia all cropland .....: 3,390 3,360 3,130 3,080 3,080 - Irrigated .............: 3,090 3,140 2,980 3,120 3,430 9.9 Non-irrigated .........: 3,480 3,420 3,170 3,070 2,950 -3.9 : Delta : Arkansas all cropland ....: 1,910 1,990 2,180 2,380 2,540 6.7 Irrigated .............: 2,160 2,300 2,530 2,790 3,000 7.5 Non-irrigated .........: 1,630 1,640 1,790 1,760 1,840 4.5 : Louisiana all cropland ...: 1,800 1,970 2,120 2,260 2,380 5.3 Irrigated .............: 1,700 1,850 2,000 2,150 2,270 5.6 Non-irrigated .........: 1,830 2,000 2,150 2,300 2,420 5.2 : Mississippi all cropland .: 1,950 2,100 2,180 2,470 2,570 4.0 Irrigated .............: 2,020 2,330 2,440 2,760 2,930 6.2 Non-irrigated .........: 1,930 2,020 2,090 2,330 2,390 2.6 : Southern Plains : Oklahoma all cropland ....: 1,130 1,130 1,280 1,390 1,500 7.9 Irrigated .............: (D) (D) (D) (D) (D) (X) Non-irrigated .........: 1,120 1,120 1,270 1,370 1,480 8.0 : Texas all cropland .......: 1,510 1,580 1,590 1,520 1,680 10.5 Irrigated .............: 1,680 1,670 1,660 1,700 1,880 10.6 Non-irrigated .........: 1,480 1,560 1,580 1,490 1,650 10.7 ---------------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Irrigated and Non-Irrigated Cropland, Average Value per Acre - State: 2010-2014 (continued) [Only States with significant irrigated acreage appear in this table] -------------------------------------------------------------------------------------- Region, State, : : : : : : Change and land type : 2010 : 2011 : 2012 : 2013 : 2014 :2013-2014 -------------------------------------------------------------------------------------- : ----------------- dollars ---------------- percent : Mountain : Arizona all cropland 1/ .....: 7,750 7,610 7,960 8,290 8,320 0.4 Irrigated ................: 7,750 7,610 7,960 8,290 8,320 0.4 : Colorado all cropland .......: 1,290 1,340 1,450 1,770 1,840 4.0 Irrigated ................: 3,100 3,160 3,400 4,100 4,450 8.5 Non-irrigated ............: 840 880 960 1,200 1,200 - : Idaho all cropland ..........: 2,480 2,470 2,580 2,850 3,040 6.7 Irrigated ................: 3,820 3,820 4,040 4,240 4,600 8.5 Non-irrigated ............: 1,230 1,210 1,210 1,310 1,320 0.8 : Montana all cropland ........: 779 806 852 890 987 10.9 Irrigated ................: 2,690 2,690 2,690 2,780 2,950 6.1 Non-irrigated ............: 600 630 680 710 800 12.7 : Nevada all cropland 1/ ......: (D) (D) (D) (D) 2,670 (X) Irrigated ................: (D) (D) (D) (D) 2,670 (X) : New Mexico all cropland 1/ ..: 1,750 1,740 1,550 1,450 1,450 - Irrigated ................: 5,290 5,190 4,450 3,910 3,930 0.5 Non-irrigated ............: 390 410 430 400 390 -2.5 : Utah all cropland 1/ ........: 2,720 2,690 2,690 3,230 3,260 0.9 Irrigated ................: 5,050 5,000 5,000 5,200 5,250 1.0 Non-irrigated ............: 1,040 1,030 1,030 1,100 1,120 1.8 : Wyoming all cropland ........: 1,230 1,320 1,360 1,360 1,370 0.7 Irrigated ................: 2,010 2,140 2,170 2,140 2,190 2.3 Non-irrigated ............: 720 (D) (D) (D) 780 (X) : Pacific : California all cropland .....: 8,960 9,130 9,400 9,860 10,140 2.8 Irrigated ................: 10,900 11,100 11,500 11,800 12,100 2.5 Non-irrigated ............: 3,420 3,480 3,390 3,400 3,650 7.4 : Oregon all cropland .........: 2,210 2,180 2,340 2,400 2,500 4.2 Irrigated ................: 3,520 3,470 3,920 3,940 4,140 5.1 Non-irrigated ............: 1,730 1,710 1,770 1,830 1,900 3.8 : Washington all cropland .....: 1,870 1,930 2,190 2,420 2,560 5.8 Irrigated ................: 4,650 5,130 6,190 7,240 7,670 5.9 Non-irrigated ............: 1,140 1,080 1,130 1,170 1,230 5.1 -------------------------------------------------------------------------------------- - 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: 2010-2014 -------------------------------------------------------------------------------- : : : : : : Change Region and State : 2010 : 2011 : 2012 : 2013 : 2014 :2013-2014 -------------------------------------------------------------------------------- : ------------------- dollars ------------------ percent : Northeast ..........: 3,170 3,220 3,240 3,370 3,460 2.7 Maryland .........: (D) (D) (D) (D) 6,000 (X) New Jersey .......: 14,200 14,000 13,600 13,500 13,500 - New York .........: 1,100 1,200 1,250 1,240 1,330 7.3 Pennsylvania .....: 2,530 2,640 2,650 2,770 2,900 4.7 Other States 1/ ..: 5,800 5,730 5,760 5,840 5,790 -0.9 : Lake ...............: 1,710 1,710 1,740 1,870 1,950 4.3 Michigan .........: 2,290 2,340 2,290 2,420 2,500 3.3 Minnesota ........: 1,340 1,320 1,390 1,580 1,600 1.3 Wisconsin ........: 2,000 2,000 2,010 2,000 2,150 7.5 : Corn Belt ..........: 1,900 2,000 2,130 2,290 2,360 3.1 Illinois .........: 2,500 2,650 2,870 3,370 3,400 0.9 Indiana ..........: 2,340 2,390 2,450 2,500 2,550 2.0 Iowa .............: 2,030 2,520 2,800 3,220 3,400 5.6 Missouri .........: 1,600 1,610 1,700 1,790 1,850 3.4 Ohio .............: 2,890 2,840 2,970 3,010 3,100 3.0 : Northern Plains ....: 502 531 648 754 954 26.5 Kansas ...........: 761 773 938 1,150 1,300 13.0 Nebraska .........: 459 503 617 643 900 40.0 North Dakota .....: 357 389 458 578 750 29.8 South Dakota .....: 429 453 561 667 860 28.9 : Appalachian ........: 3,240 3,170 3,110 3,210 3,280 2.2 Kentucky .........: 2,360 2,290 2,330 2,560 2,700 5.5 North Carolina ...: 4,410 4,590 4,330 4,530 4,760 5.1 Tennessee ........: 3,510 3,460 3,410 3,380 3,400 0.6 Virginia .........: 4,400 4,060 3,920 3,930 3,930 - West Virginia ....: 1,840 2,010 1,980 1,990 2,000 0.5 -------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Pasture, Average Value per Acre - Region, State, and United States: 2010-2014 (continued) -------------------------------------------------------------------------------- : : : : : : Change Region and State : 2010 : 2011 : 2012 : 2013 : 2014 :2013-2014 -------------------------------------------------------------------------------- : ------------------ dollars ------------------ percent : Southeast ..........: 4,190 3,900 3,700 3,770 3,790 0.5 Alabama ..........: 1,810 1,830 1,850 2,000 2,100 5.0 Florida ..........: 5,360 4,910 4,820 4,850 4,910 1.2 Georgia ..........: 5,220 4,750 3,910 3,850 3,650 -5.2 South Carolina ...: 2,950 2,980 2,960 2,820 2,900 2.8 : Delta ..............: 2,110 2,120 2,130 2,190 2,270 3.7 Arkansas .........: 2,210 2,160 2,110 2,160 2,240 3.7 Louisiana ........: 2,100 2,200 2,300 2,400 2,500 4.2 Mississippi ......: 1,980 2,000 2,030 2,070 2,110 1.9 : Southern Plains ....: 1,300 1,350 1,390 1,410 1,540 9.2 Oklahoma .........: 987 985 1,060 1,210 1,360 12.4 Texas ............: 1,370 1,430 1,460 1,450 1,580 9.0 : Mountain ...........: 518 523 550 594 611 2.9 Arizona 2/ .......: 920 (D) (D) (D) 940 (X) Colorado .........: 650 640 640 680 760 11.8 Idaho ............: 1,260 1,230 1,220 1,220 1,220 - Montana ..........: 530 530 570 580 640 10.3 Nevada 2/ ........: (D) (D) (D) (D) (D) (X) New Mexico 2/ ....: 280 290 330 320 360 12.5 Utah 2/ ..........: 920 920 920 950 1,050 10.5 Wyoming ..........: 420 450 480 470 490 4.3 : Pacific ............: 1,660 1,620 1,590 1,590 1,610 1.3 California .......: 2,790 2,710 2,680 2,650 2,700 1.9 Oregon ...........: 650 640 600 620 630 1.6 Washington .......: 810 810 800 800 810 1.3 : United States 3/ ...: 1,060 1,070 1,110 1,170 1,300 11.1 -------------------------------------------------------------------------------- - Represents zero. (D) Withheld to avoid disclosing data for individual operations. (X) Not applicable. 1/ Includes: Connecticut, Delaware, Maine, Maryland (excludes 2014), Massachusetts, New Hampshire, Rhode Island, and Vermont. 2/ Excludes American Indian Reservation land. 3/ Excludes Alaska and Hawaii. Value of Farmland and Buildings - Region, State, and United States: 2009-2013 [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 : 2009 : 2010 : 2011 : 2012 : 2013 :2012-2013 -------------------------------------------------------------------------------- : --------------- million dollars --------------- percent : Northeast ..........: Connecticut ......: 5,040 4,715 4,872 4,928 4,884 -0.9 Delaware .........: 4,366 4,065 4,151 4,157 4,085 -1.7 Maine ............: 2,982 2,870 2,912 3,002 3,150 4.9 Maryland .........: 15,203 14,309 14,015 13,723 14,207 3.5 Massachusetts ....: 6,240 5,936 5,777 5,408 5,408 - New Hampshire ....: 2,242 2,204 2,098 2,087 2,026 -2.9 New Jersey .......: 9,936 9,301 9,216 8,856 9,216 4.1 New York .........: 17,040 17,040 17,395 19,027 18,720 -1.6 Pennsylvania .....: 39,424 38,633 38,380 40,810 41,811 2.5 Rhode Island .....: 1,106 1,022 1,008 966 966 - Vermont ..........: 3,542 3,596 3,695 3,825 4,000 4.6 : Lake States ........: Michigan .........: 36,590 34,830 36,000 38,706 42,785 10.5 Minnesota ........: 74,465 75,481 82,476 97,240 111,370 14.5 Wisconsin ........: 55,130 53,655 56,648 60,006 59,860 -0.2 : Corn Belt ..........: Illinois .........: 119,705 126,968 145,530 167,049 190,990 14.3 Indiana ..........: 58,568 61,674 74,529 85,848 94,080 9.6 Iowa .............: 116,046 133,110 165,546 199,818 235,620 17.9 Missouri .........: 62,208 65,149 68,970 76,693 80,940 5.5 Ohio .............: 52,807 53,284 57,408 64,960 71,400 9.9 : Northern Plains ....: Kansas ...........: 46,662 48,972 57,164 69,611 80,675 15.9 Nebraska .........: 60,060 66,738 83,536 109,626 126,840 15.7 North Dakota .....: 30,373 32,430 36,735 45,588 60,915 33.6 South Dakota .....: 38,237 41,013 47,197 57,589 73,177 27.1 : Appalachian ........: Kentucky .........: 37,800 37,252 36,300 36,920 39,260 6.3 North Carolina ...: 35,785 34,608 36,022 36,415 36,456 0.1 Tennessee ........: 35,534 37,368 37,908 38,368 38,913 1.4 Virginia .........: 38,475 36,900 35,670 35,358 35,773 1.2 West Virginia ....: 8,732 8,388 9,288 9,169 9,180 0.1 -------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Value of Farmland and Buildings - Region, State, and United States: 2009-2013 (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 : 2009 : 2010 : 2011 : 2012 : 2013 :2012-2013 -------------------------------------------------------------------------------- :---------------- million dollars ---------------- percent : Southeast ..........: Alabama ..........: 20,025 20,470 20,826 21,271 22,500 5.8 Florida ..........: 49,555 47,846 48,479 49,278 49,660 0.8 Georgia ..........: 39,494 36,569 35,017 31,296 31,350 0.2 South Carolina ...: 14,357 14,750 14,900 14,960 14,811 -1.0 : Delta States .......: Arkansas .........: 32,058 32,880 33,428 36,156 37,260 3.1 Louisiana ........: 15,662 16,298 17,270 18,960 20,018 5.6 Mississippi ......: 21,816 22,672 23,980 24,525 24,743 0.9 : Southern Plains ....: Oklahoma .........: 40,135 41,640 43,344 47,128 49,880 5.8 Texas ............: 201,807 210,560 219,605 220,038 218,568 -0.7 : Mountain ...........: Arizona 1/ .......: 15,846 13,298 13,796 17,960 18,506 3.0 Colorado .........: 34,430 34,020 34,760 37,323 40,576 8.7 Idaho ............: 25,300 24,265 23,896 25,252 26,196 3.7 Montana ..........: 42,350 42,420 43,097 45,448 47,163 3.8 Nevada 1/ ........: 4,882 4,877 4,838 5,071 5,113 0.8 New Mexico 1/ ....: 18,861 18,597 18,814 20,641 19,929 -3.4 Utah 1/ ..........: 12,773 12,840 12,773 12,773 13,439 5.2 Wyoming ..........: 15,900 16,200 16,800 17,936 18,120 1.0 : Pacific ............: California .......: 167,790 169,830 170,752 176,128 175,950 -0.1 Oregon ...........: 28,851 29,646 30,780 31,948 32,505 1.7 Washington .......: 29,054 29,638 30,076 33,222 34,040 2.5 : United States 2/ ...:1,845,244 1,890,827 2,027,677 2,223,067 2,397,034 7.8 -------------------------------------------------------------------------------- - 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 US 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 Daryl Brinkman - Prices Received, Prices Received Indexes........... (202) 720-8844 Tynesha Boomer - Agricultural Resource Management Survey (ARMS)..... (202) 690-1052 Kuan Chen - Prices, Prices Research................................. (202) 690-3347 Chris Dickerson - Prices Received, Prices Received Indexes.......... (202) 690-1348 Mark Gorsak - Prices, Prices Research .............................. (202) 720-2250 Judy McDermott - Prices Paid, Prices Paid Indexes................... (202) 690-3225 Michael Mathison - Agriculture Resource Management Survey (ARMS).... (202) 720-3243 Joe Hagedorn - Cash Rents, Grazing Fees............................. (202) 690-3231 Scott Shimmin, Head, Environmental and Demographics Section............ (202) 690-0684 Liana Cuffman - Chemical Use, American Indians, Census.............. (202) 690-0392 David Colwell - Census of Agricultural Industrial Reports........... (202) 690-3233 Doug Farmer - Census................................................ (202) 720-7492 Steve Peterson - Farms, Land in Farms, Census....................... (202) 720-5581 Jackie Ross - Census................................................ (202) 720-7644 Theresa Varner - Farm Labor, Chemical Use........................... (202) 690-2284 Released August 1, 2014, 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.