United States Department of Agriculture National Agricultural Statistics Service ISSN: 1949- 1867 Land Values 2017 Summary August 2017 Contents Agricultural Land Values Highlights....................................................... 4 Average Farm Real Estate Value - United States: 2003-2017 Chart........................... 5 2017 Farm Real Estate Value by State - Dollars per Acre and Percent Change from 2016 Map.. 5 Average Cropland Value - United States: 2003-2017 Chart................................... 6 2017 Cropland Value by State - Dollars per Acre and Percent Change from 2016 Map.......... 6 Average Pasture Value - United States: 2003-2017 Chart.................................... 7 2017 Pasture Value by State - Dollars per Acre and Percent Change from 2016 Map........... 7 Farm Real Estate, Average Value per Acre - Region, State, and United States: 2013-2017.... 8 Cropland, Average Value per Acre - Region, State, and United States: 2013-2017............ 10 Irrigated and Non-Irrigated Cropland, Average Value per Acre - State: 2013-2017........... 12 Pasture Average Value per Acre - Region, State, and United States: 2013-2017.............. 14 Value of Farmland and Buildings - Region, State, and United States: 2012-2016............. 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 $3,080 per acre for 2017, up $70 per acre (2.3 percent) from 2016 values. Regional changes in the average value of farm real estate ranged from a 8.7 percent increase in the Pacific region to 1.8 percent decrease in the Northern Plains region. The highest farm real estate values were in the Corn Belt region at $6,260 per acre. The Mountain region had the lowest farm real estate value at $1,130 per acre. The United States cropland value remained unchanged at $4,090 per acre from the previous year. In the Southern Plains region, the average cropland value increased 6.0 percent from the previous year. However, in the Northern Plains region, cropland values decreased by 4.4 percent. The United States pasture value increased by $20 per acre (1.5 percent) from 2016 values. The Delta region had the highest increase of 2.9 percent from 2016. The largest decrease, at 1.7 percent, was in the Corn Belt region. Farm Real Estate, Average Value per Acre - Region, State, and United States: 2013-2017 -------------------------------------------------------------------------------- : : : : : : Change Region and state : 2013 : 2014 : 2015 : 2016 : 2017 :2016-2017 -------------------------------------------------------------------------------- : ------------------- dollars ------------------ percent : Northeast ..........: 4,850 4,930 5,020 5,010 5,050 0.8 Connecticut ......: 11,100 11,200 11,300 11,200 11,200 - Delaware .........: 8,170 8,180 8,180 8,400 8,400 - Maine ............: 2,100 2,080 2,090 2,090 2,200 5.3 Maryland .........: 6,930 6,900 7,000 7,060 7,060 - Massachusetts ....: 10,400 10,400 10,400 10,400 10,400 - New Hampshire ....: 4,310 4,280 4,280 4,350 4,500 3.4 New Jersey .......: 12,800 12,800 13,000 12,800 12,800 - New York .........: 2,600 2,700 3,000 2,980 2,980 - Pennsylvania .....: 5,430 5,600 5,500 5,500 5,600 1.8 Rhode Island .....: 13,800 13,700 13,800 13,800 13,800 - Vermont ..........: 3,200 3,260 3,300 3,320 3,360 1.2 : Lake ...............: 4,240 4,640 4,740 4,730 4,890 3.4 Michigan .........: 4,300 4,700 4,900 4,800 4,800 - Minnesota ........: 4,300 4,750 4,700 4,700 4,750 1.1 Wisconsin ........: 4,100 4,400 4,700 4,750 5,200 9.5 : Corn Belt ..........: 5,880 6,370 6,350 6,290 6,260 -0.5 Illinois .........: 7,100 7,520 7,500 7,400 7,300 -1.4 Indiana ..........: 6,400 6,950 7,150 7,150 7,000 -2.1 Iowa .............: 7,700 8,500 8,000 7,850 8,000 1.9 Missouri .........: 2,850 3,100 3,350 3,400 3,350 -1.5 Ohio .............: 5,100 5,550 5,750 5,700 5,650 -0.9 : Northern Plains ....: 1,960 2,280 2,340 2,240 2,200 -1.8 Kansas ...........: 1,750 2,050 2,030 1,880 1,850 -1.6 Nebraska .........: 2,800 3,120 3,050 2,950 2,900 -1.7 North Dakota .....: 1,550 1,820 1,920 1,830 1,840 0.5 South Dakota .....: 1,690 2,070 2,320 2,250 2,180 -3.1 : Appalachian ........: 3,610 3,690 3,730 3,760 3,800 1.1 Kentucky .........: 3,020 3,150 3,250 3,350 3,420 2.1 North Carolina ...: 4,340 4,510 4,500 4,450 4,450 - Tennessee ........: 3,570 3,600 3,650 3,700 3,750 1.4 Virginia .........: 4,310 4,320 4,320 4,300 4,350 1.2 West Virginia ....: 2,550 2,560 2,600 2,570 2,570 - -------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Farm Real Estate, Average Value per Acre - Region, State, and United States: 2013-2017 (continued) -------------------------------------------------------------------------------- : : : : : : Change Region and state : 2013 : 2014 : 2015 : 2016 : 2017 :2016-2017 -------------------------------------------------------------------------------- : ------------------ dollars ------------------ percent : Southeast ..........: 3,590 3,630 3,670 3,730 3,870 3.8 Alabama ..........: 2,500 2,600 2,630 2,700 2,750 1.9 Florida ..........: 5,200 5,250 5,400 5,400 5,700 5.6 Georgia ..........: 3,300 3,300 3,270 3,400 3,550 4.4 South Carolina ...: 2,980 3,010 3,010 3,000 3,000 - : Delta ..............: 2,520 2,640 2,780 2,820 2,910 3.2 Arkansas .........: 2,700 2,850 3,050 3,050 3,180 4.3 Louisiana ........: 2,550 2,670 2,800 2,900 3,000 3.4 Mississippi ......: 2,270 2,340 2,420 2,470 2,500 1.2 : Southern Plains ....: 1,630 1,790 1,890 1,930 2,050 6.2 Oklahoma .........: 1,450 1,580 1,700 1,800 1,900 5.6 Texas ............: 1,680 1,850 1,940 1,960 2,090 6.6 : Mountain ...........: 1,010 1,070 1,100 1,110 1,130 1.8 Arizona 1/ .......: 3,500 3,740 3,780 3,800 4,100 7.9 Colorado .........: 1,280 1,350 1,440 1,420 1,430 0.7 Idaho ............: 2,220 2,360 2,470 2,500 2,600 4.0 Montana ..........: 790 860 890 900 920 2.2 Nevada 1/ ........: 1,040 1,080 1,130 1,110 1,110 - New Mexico 1/ ....: 500 520 510 520 530 1.9 Utah 1/ ..........: 1,900 2,030 2,050 2,040 2,070 1.5 Wyoming ..........: 600 630 660 660 660 - : Pacific ............: 4,290 4,520 4,780 4,940 5,370 8.7 California .......: 6,900 7,300 7,700 7,900 8,700 10.1 Oregon ...........: 1,970 2,050 2,120 2,200 2,310 5.0 Washington .......: 2,300 2,500 2,700 2,850 3,000 5.3 : United States 2/ ...: 2,730 2,950 3,020 3,010 3,080 2.3 -------------------------------------------------------------------------------- - Represents zero. 1/ Excludes American Indian Reservation land. 2/ Excludes Alaska and Hawaii. Cropland, Average Value per Acre - Region, State, and United States: 2013-2017 -------------------------------------------------------------------------------- : : : : : : Change Region and state : 2013 : 2014 : 2015 : 2016 : 2017 :2016-2017 -------------------------------------------------------------------------------- : ------------------- dollars ------------------ percent : Northeast ..........: 5,260 5,260 5,330 5,390 5,350 -0.7 Delaware .........: 7,870 7,880 7,950 8,200 8,100 -1.2 Maryland .........: 6,470 6,470 6,470 6,530 6,530 - New Jersey .......: 12,900 13,000 13,500 13,000 13,000 - New York .........: 2,550 2,530 2,600 2,580 2,580 - Pennsylvania .....: 5,840 5,840 5,900 6,100 6,000 -1.6 Other States 1/ ..: 7,060 7,020 7,090 7,090 7,200 1.6 : Lake ...............: 4,240 4,670 4,730 4,740 4,830 1.9 Michigan .........: 4,120 4,500 4,550 4,500 4,450 -1.1 Minnesota ........: 4,390 4,870 4,800 4,750 4,800 1.1 Wisconsin ........: 4,010 4,350 4,700 4,900 5,200 6.1 : Corn Belt ..........: 6,470 7,000 6,840 6,710 6,670 -0.6 Illinois .........: 7,190 7,700 7,650 7,450 7,350 -1.3 Indiana ..........: 6,590 7,050 7,000 7,000 6,700 -4.3 Iowa .............: 8,000 8,750 8,200 8,000 8,100 1.3 Missouri .........: 3,500 3,810 3,810 3,770 3,820 1.3 Ohio .............: 5,190 5,650 5,850 5,800 5,780 -0.3 : Northern Plains ....: 2,720 3,090 3,130 2,960 2,830 -4.4 Kansas ...........: 1,930 2,260 2,210 2,050 1,970 -3.9 Nebraska .........: 4,860 5,180 5,070 4,850 4,550 -6.2 North Dakota .....: 1,750 2,050 2,140 2,000 2,000 - South Dakota .....: 2,840 3,430 3,730 3,520 3,330 -5.4 : Appalachian ........: 3,690 3,780 3,830 3,840 3,890 1.3 Kentucky .........: 3,430 3,550 3,720 3,770 3,850 2.1 North Carolina ...: 4,050 4,200 4,100 3,970 3,970 - Tennessee ........: 3,340 3,400 3,470 3,600 3,640 1.1 Virginia .........: 4,450 4,460 4,440 4,430 4,480 1.1 West Virginia ....: 3,200 3,210 3,250 3,160 3,160 - -------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Cropland, Average Value per Acre - Region, State, and United States: 2013-2017 (continued) -------------------------------------------------------------------------------- : : : : : : Change Region and State : 2013 : 2014 : 2015 : 2016 : 2017 :2016-2017 -------------------------------------------------------------------------------- : ------------------ dollars ------------------ percent : Southeast ..........: 3,690 3,730 3,770 3,920 3,940 0.5 Alabama ..........: 2,750 2,850 2,850 2,950 3,000 1.7 Florida ..........: 6,450 6,500 6,560 6,730 6,750 0.3 Georgia ..........: 3,080 3,080 3,160 3,410 3,420 0.3 South Carolina ...: 2,440 2,460 2,460 2,460 2,500 1.6 : Delta ..............: 2,380 2,510 2,600 2,680 2,760 3.0 Arkansas .........: 2,380 2,540 2,630 2,710 2,790 3.0 Louisiana ........: 2,260 2,380 2,500 2,620 2,740 4.6 Mississippi ......: 2,470 2,570 2,620 2,680 2,720 1.5 : Southern Plains ....: 1,480 1,630 1,770 1,820 1,930 6.0 Oklahoma .........: 1,390 1,500 1,590 1,640 1,740 6.1 Texas ............: 1,520 1,680 1,840 1,890 2,010 6.3 : Mountain ...........: 1,780 1,690 1,740 1,760 1,780 1.1 Arizona 2/ .......: 8,290 8,320 8,320 8,300 8,400 1.2 Colorado .........: 1,770 1,840 1,910 1,910 1,920 0.5 Idaho ............: 2,850 3,040 3,200 3,300 3,400 3.0 Montana ..........: 890 987 997 1,010 1,020 1.0 Nevada 2/ ........: (D) 2,670 2,670 (D) (D) (X) New Mexico 2/ ....: 1,450 1,450 1,440 1,450 1,480 2.1 Utah 2/ ..........: 3,230 3,260 3,300 3,340 3,420 2.4 Wyoming ..........: 1,360 1,370 1,370 1,370 1,350 -1.5 : Pacific ............: 5,690 5,860 6,160 6,330 6,570 3.8 California .......: 9,860 10,140 10,690 10,910 11,290 3.5 Oregon ...........: 2,400 2,500 2,600 2,730 2,860 4.8 Washington .......: 2,420 2,560 2,630 2,760 2,890 4.7 : United States 3/ ...: 3,810 4,100 4,130 4,090 4,090 - -------------------------------------------------------------------------------- - 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: 2013-2017 [Only States with significant irrigated acreage appear in this table] ----------------------------------------------------------------------------------------- Region, State, : : : : : : Change and land type : 2013 : 2014 : 2015 : 2016 : 2017 :2016-2017 ----------------------------------------------------------------------------------------- : ------------------ dollars ------------------ percent : Corn Belt : Missouri, all cropland ....: 3,500 3,810 3,810 3,770 3,820 1.3 Irrigated ..............: 4,140 4,750 5,130 5,100 5,300 3.9 Non-irrigated ..........: 3,450 3,730 3,700 3,660 3,700 1.1 : Northern Plains : Kansas, all cropland ......: 1,930 2,260 2,210 2,050 1,970 -3.9 Irrigated ..............: 2,760 3,280 3,270 3,000 2,850 -5.0 Non-irrigated ..........: 1,840 2,150 2,090 1,940 1,870 -3.6 : Nebraska, all cropland ....: 4,860 5,180 5,070 4,850 4,550 -6.2 Irrigated ..............: 6,700 7,100 6,870 6,560 6,180 -5.8 Non-irrigated ..........: 3,730 4,000 3,970 3,800 3,550 -6.6 : South Dakota, all cropland : 2,840 3,430 3,730 3,520 3,330 -5.4 Irrigated ..............: (D) (D) (D) (D) (D) (X) Non-irrigated ..........: 2,820 3,400 3,700 3,500 3,300 -5.7 : Southeast : Florida, all cropland .....: 6,450 6,500 6,560 6,730 6,750 0.3 Irrigated ..............: 7,280 7,430 7,570 7,600 7,650 0.7 Non-irrigated ..........: 5,660 5,630 5,610 5,900 5,900 - : Georgia, all cropland .....: 3,080 3,080 3,160 3,410 3,420 0.3 Irrigated ..............: 3,120 3,430 3,600 4,000 4,070 1.8 Non-irrigated ..........: 3,070 2,950 3,000 3,200 3,180 -0.6 : Delta : Arkansas, all cropland ....: 2,380 2,540 2,630 2,710 2,790 3.0 Irrigated ..............: 2,790 3,000 3,100 3,200 3,300 3.1 Non-irrigated ..........: 1,760 1,840 1,900 1,950 2,000 2.6 : Louisiana, all cropland ...: 2,260 2,380 2,500 2,620 2,740 4.6 Irrigated ..............: 2,150 2,270 2,400 2,550 2,700 5.9 Non-irrigated ..........: 2,300 2,420 2,530 2,650 2,750 3.8 : Mississippi, all cropland .: 2,470 2,570 2,620 2,680 2,720 1.5 Irrigated ..............: 2,760 2,930 3,030 3,150 3,230 2.5 Non-irrigated ..........: 2,330 2,390 2,420 2,460 2,480 0.8 : Southern Plains : Oklahoma, all cropland ....: 1,390 1,500 1,590 1,640 1,740 6.1 Irrigated ..............: (D) (D) (D) (D) (D) (X) Non-irrigated ..........: 1,370 1,480 1,580 1,620 1,720 6.2 : Texas, all cropland .......: 1,520 1,680 1,840 1,890 2,010 6.3 Irrigated ..............: 1,700 1,880 2,050 2,050 2,200 7.3 Non-irrigated ..........: 1,490 1,650 1,800 1,860 1,980 6.5 ----------------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Irrigated and Non-Irrigated Cropland, Average Value per Acre - State: 2013-2017 (continued) [Only States with significant irrigated acreage appear in this table] -------------------------------------------------------------------------------------- Region, State, : : : : : : Change and land type : 2013 : 2014 : 2015 : 2016 : 2017 :2016-2017 -------------------------------------------------------------------------------------- : ----------------- dollars ---------------- percent : Mountain : Arizona, all cropland 1/ ....: 8,290 8,320 8,320 8,300 8,400 1.2 Irrigated ................: 8,290 8,320 8,320 8,300 8,400 1.2 : Colorado, all cropland ......: 1,770 1,840 1,910 1,910 1,920 0.5 Irrigated ................: 4,100 4,450 4,650 4,600 4,600 - Non-irrigated ............: 1,200 1,200 1,230 1,250 1,260 0.8 : Idaho, all cropland .........: 2,850 3,040 3,200 3,300 3,400 3.0 Irrigated ................: 4,240 4,600 4,830 5,000 5,150 3.0 Non-irrigated ............: 1,310 1,320 1,400 1,420 1,460 2.8 : Montana, all cropland .......: 890 987 997 1,010 1,020 1.0 Irrigated ................: 2,780 2,950 2,960 2,980 2,980 - Non-irrigated ............: 710 800 810 820 830 1.2 : Nevada, all cropland 1/ .....: (D) 2,670 2,670 (D) (D) (X) Irrigated ................: (D) 2,670 2,670 (D) (D) (X) : New Mexico, all cropland 1/ .: 1,450 1,450 1,440 1,450 1,480 2.1 Irrigated ................: 3,910 3,930 3,920 3,930 3,930 - Non-irrigated ............: 400 390 390 390 440 12.8 : Utah, all cropland 1/ .......: 3,230 3,260 3,300 3,340 3,420 2.4 Irrigated ................: 5,200 5,250 5,300 5,350 5,500 2.8 Non-irrigated ............: 1,100 1,120 1,140 1,170 1,180 0.9 : Wyoming, all cropland .......: 1,360 1,370 1,370 1,370 1,350 -1.5 Irrigated ................: 2,140 2,190 2,190 2,200 2,170 -1.4 Non-irrigated ............: (D) 780 770 770 760 -1.3 : Pacific : California, all cropland ....: 9,860 10,140 10,690 10,910 11,290 3.5 Irrigated ................: 11,800 12,100 12,700 12,900 13,300 3.1 Non-irrigated ............: 3,400 3,650 4,000 4,300 4,600 7.0 : Oregon, all cropland ........: 2,400 2,500 2,600 2,730 2,860 4.8 Irrigated ................: 3,940 4,140 4,360 4,650 4,850 4.3 Non-irrigated ............: 1,830 1,900 1,950 2,020 2,120 5.0 : Washington, all cropland ....: 2,420 2,560 2,630 2,760 2,890 4.7 Irrigated ................: 7,240 7,670 7,850 8,250 8,700 5.5 Non-irrigated ............: 1,170 1,230 1,280 1,330 1,380 3.8 -------------------------------------------------------------------------------------- - 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: 2013-2017 -------------------------------------------------------------------------------- : : : : : : Change Region and State : 2013 : 2014 : 2015 : 2016 : 2017 :2016-2017 -------------------------------------------------------------------------------- : ------------------- dollars ------------------ percent : Northeast ..........: 3,370 3,460 3,480 3,390 3,420 0.9 Maryland 1/ ......: (D) 6,000 6,000 6,100 6,100 - New Jersey .......: 13,500 13,500 13,500 12,500 12,500 - New York .........: 1,240 1,330 1,430 1,400 1,400 - Pennsylvania .....: 2,770 2,900 2,850 2,700 2,800 3.7 Other States 2/ ..: 5,840 5,790 5,840 5,850 5,850 - : Lake ...............: 1,870 1,950 2,060 2,050 2,080 1.5 Michigan .........: 2,420 2,500 2,680 2,600 2,550 -1.9 Minnesota ........: 1,580 1,600 1,700 1,650 1,700 3.0 Wisconsin ........: 2,000 2,150 2,250 2,300 2,350 2.2 : Corn Belt ..........: 2,290 2,360 2,440 2,420 2,380 -1.7 Illinois .........: 3,370 3,400 3,550 3,400 3,300 -2.9 Indiana ..........: 2,500 2,550 2,600 2,600 2,590 -0.4 Iowa .............: 3,220 3,400 3,400 3,400 3,100 -8.8 Missouri .........: 1,790 1,850 1,950 1,930 1,970 2.1 Ohio .............: 3,010 3,100 3,140 3,100 3,050 -1.6 : Northern Plains ....: 754 954 1,020 1,020 1,040 2.0 Kansas ...........: 1,150 1,300 1,390 1,290 1,280 -0.8 Nebraska .........: 643 900 870 910 930 2.2 North Dakota .....: 578 750 850 830 850 2.4 South Dakota .....: 667 860 980 1,020 1,060 3.9 : Appalachian ........: 3,210 3,280 3,340 3,320 3,340 0.6 Kentucky .........: 2,560 2,700 2,750 2,730 2,760 1.1 North Carolina ...: 4,530 4,760 4,700 4,700 4,700 - Tennessee ........: 3,380 3,400 3,500 3,540 3,580 1.1 Virginia .........: 3,930 3,930 4,000 3,930 3,930 - West Virginia ....: 1,990 2,000 2,020 2,020 2,040 1.0 -------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Pasture, Average Value per Acre - Region, State, and United States: 2013-2017 (continued) -------------------------------------------------------------------------------- : : : : : : Change Region and State : 2013 : 2014 : 2015 : 2016 : 2017 :2016-2017 -------------------------------------------------------------------------------- : ------------------ dollars ------------------ percent : Southeast ..........: 3,770 3,790 3,790 3,900 3,910 0.3 Alabama ..........: 2,000 2,100 2,140 2,180 2,230 2.3 Florida ..........: 4,850 4,910 4,900 5,100 5,100 - Georgia ..........: 3,850 3,650 3,580 3,530 3,560 0.8 South Carolina ...: 2,820 2,900 2,940 2,940 2,940 - : Delta ..............: 2,190 2,270 2,320 2,410 2,480 2.9 Arkansas .........: 2,160 2,240 2,290 2,450 2,520 2.9 Louisiana ........: 2,400 2,500 2,590 2,600 2,700 3.8 Mississippi ......: 2,070 2,110 2,140 2,190 2,210 0.9 : Southern Plains ....: 1,410 1,540 1,570 1,580 1,620 2.5 Oklahoma .........: 1,210 1,360 1,430 1,470 1,470 - Texas ............: 1,450 1,580 1,600 1,600 1,650 3.1 : Mountain ...........: 594 611 614 617 625 1.3 Arizona 3/ .......: (D) (D) (D) (D) (D) (X) Colorado .........: 680 760 760 760 760 - Idaho ............: 1,220 1,220 1,250 1,300 1,350 3.8 Montana ..........: 580 640 650 650 660 1.5 Nevada 3/ ........: (D) (D) (D) (D) (D) (X) New Mexico 3/ ....: 320 360 340 350 360 2.9 Utah 3/ ..........: 950 1,050 1,050 1,040 1,050 1.0 Wyoming ..........: 470 490 510 510 510 - : Pacific ............: 1,590 1,610 1,630 1,640 1,650 0.6 California .......: 2,650 2,700 2,700 2,700 2,700 - Oregon ...........: 620 630 660 680 700 2.9 Washington .......: 800 810 820 840 850 1.2 : United States 4/ ...: 1,170 1,300 1,330 1,330 1,350 1.5 -------------------------------------------------------------------------------- - 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: 2012-2016 [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 : 2012 : 2013 : 2014 : 2015 : 2016 :2015-2016 -------------------------------------------------------------------------------- : --------------- million dollars --------------- percent : Northeast : Connecticut ......: 4,928 4,884 4,928 4,972 4,928 -0.9 Delaware .........: 4,157 4,085 4,090 4,090 4,200 2.7 Maine ............: 3,002 3,150 3,016 3,031 3,031 - Maryland .........: 13,723 14,207 14,007 14,140 14,332 1.4 Massachusetts ....: 5,408 5,408 5,408 5,408 5,408 - New Hampshire ....: 2,087 2,026 2,012 2,012 2,045 1.6 New Jersey .......: 8,856 9,216 9,216 9,360 9,216 -1.5 New York .........: 19,027 18,720 19,386 21,600 21,456 -0.7 Pennsylvania .....: 40,810 41,811 43,232 42,350 42,350 - Rhode Island .....: 966 966 959 966 966 - Vermont ..........: 3,825 4,000 4,075 4,125 4,150 0.6 : Lake States : Michigan .........: 38,706 42,785 46,765 48,755 47,760 -2.0 Minnesota ........: 97,240 111,370 123,025 121,730 121,730 - Wisconsin ........: 60,006 59,860 63,800 67,680 68,400 1.1 : Corn Belt : Illinois .........: 167,049 190,990 202,288 201,750 198,320 -1.7 Indiana ..........: 85,848 94,080 102,165 105,105 105,105 - Iowa .............: 199,818 235,620 259,250 244,000 239,425 -1.9 Missouri .........: 76,693 80,940 87,730 94,805 96,220 1.5 Ohio .............: 64,960 71,400 77,700 80,500 79,800 -0.9 : Northern Plains : Kansas ...........: 69,611 80,675 94,300 93,380 86,480 -7.4 Nebraska .........: 109,626 126,840 141,024 137,860 133,340 -3.3 North Dakota .....: 45,588 60,915 71,526 75,264 71,736 -4.7 South Dakota .....: 57,589 73,177 89,631 100,456 97,425 -3.0 : Appalachian : Kentucky .........: 36,920 39,260 40,950 42,250 43,550 3.1 North Carolina ...: 36,415 36,456 37,884 37,350 36,935 -1.1 Tennessee ........: 38,368 38,913 39,240 39,785 40,330 1.4 Virginia .........: 35,358 35,773 35,424 34,992 34,830 -0.5 West Virginia ....: 9,169 9,180 9,216 9,360 9,252 -1.2 -------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Value of Farmland and Buildings - Region, State, and United States: 2012-2016 (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 : 2012 : 2013 : 2014 : 2015 : 2016 :2015-2016 -------------------------------------------------------------------------------- :---------------- million dollars ---------------- percent : Southeast : Alabama ..........: 21,271 22,500 23,140 23,144 24,030 3.8 Florida ..........: 49,278 49,660 49,875 51,030 51,030 - Georgia ..........: 31,296 31,350 31,020 30,411 31,960 5.1 South Carolina ...: 14,960 14,811 15,050 15,050 15,000 -0.3 : Delta States : Arkansas .........: 36,156 37,260 39,330 42,090 42,090 - Louisiana ........: 18,960 20,018 20,826 21,700 22,475 3.6 Mississippi ......: 24,525 24,743 25,506 26,136 26,676 2.1 : Southern Plains : Oklahoma .........: 47,128 49,880 54,194 58,140 61,560 5.9 Texas ............: 220,038 218,568 240,500 252,200 254,800 1.0 : Mountain : Arizona 1/ .......: 17,960 18,506 23,922 24,125 24,226 0.4 Colorado .........: 37,323 40,576 42,930 45,648 45,014 -1.4 Idaho ............: 25,252 26,196 27,848 29,146 29,500 1.2 Montana ..........: 45,448 47,163 51,342 53,133 53,730 1.1 Nevada 1/ ........: 5,071 5,113 5,566 5,817 5,710 -1.8 New Mexico 1/ ....: 20,641 19,929 20,663 20,310 20,663 1.7 Utah 1/ ..........: 12,773 13,439 15,528 15,669 15,598 -0.5 Wyoming ..........: 17,936 18,120 19,152 20,064 20,064 - : Pacific : California .......: 176,128 175,950 186,150 196,350 200,660 2.2 Oregon ...........: 31,948 32,505 33,620 34,768 36,080 3.8 Washington .......: 33,222 34,040 36,750 39,690 41,895 5.6 : United States 2/ ...:2,223,067 2,397,034 2,595,159 2,651,697 2,645,481 -0.2 -------------------------------------------------------------------------------- - 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. While the June Area Survey is the primary source of data for the estimates, supplemental survey data and potential previous year revisions are also considered, as described in the more detailed NASS Land Values Methodology and Data Collection publication. As such, the estimates reflect an average of land values for the year 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. Email inquiries may be sent to nass@nass.usda.gov. Jody McDaniel, 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, Parity Prices.. (202) 720-8844 Kuan Chen - Prices, Prices Research....................................... (202) 690-3347 Liana Cuffman - Prices Paid, Prices Paid Indexes.......................... (202) 690-3229 Stephen Habets - Production Expenditures.................................. (202) 720-9168 Joe Hagedorn - Cash Rents, Grazing Fees................................... (202) 690-3231 Ben Johnson - Economics and Demographics Processing....................... (202) 690-3225 Michael Mathison - Farm Expenditures...................................... (202) 720-3243 Scott Shimmin, Head, Environmental and Demographics Section.................. (202) 720-0684 Stephanie Brennan - Field Crops Chemical Use ............................. (202) 690-0392 Natasha Bruton - Current Agricultural Industrial Reports.................. (202) 720-7644 Courtney Charles - Current Agricultural Industrial Reports................ (202) 690-3226 Ryan Cowen - Farms, Land in Farms, Census of Agriculture.................. (202) 690-3233 Doug Farmer - Vegetable Chemical Use...................................... (202) 720-7492 Virginia Harris - Census of Agriculture................................... (502) 582-5257 Dominique Sims - Census of Agriculture.................................... (202) 690-4752 Theresa Varner - Farm Labor, Chemical Use................................. (202) 690-2284 Released August 3, 2017, 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: 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 www.nass.usda.gov and click on "National" or "State" in upper right corner above "search" box to create an account and 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.