United States
Department of
Agriculture
National
Agricultural
Statistics
Service
ISSN: 1949-
1867
Land Values
2020 Summary
August 2020
Contents
Agricultural Land Values Highlights....................................................... 4
Average Farm Real Estate Value - United States: 2006-2020 Chart........................... 5
2020 Farm Real Estate Value by State - Dollars per Acre and Percent Change from 2019 Map.. 5
Average Cropland Value - United States: 2006-2020 Chart................................... 6
2020 Cropland Value by State - Dollars per Acre and Percent Change from 2019 Map.......... 6
Average Pasture Value - United States: 2006-2020 Chart.................................... 7
2020 Pasture Value by State - Dollars per Acre and Percent Change from 2019 Map........... 7
Farm Real Estate Average Value per Acre - Regions, States, and United States: 2016-2020... 8
Cropland Average Value per Acre - Regions, States, and United States: 2016-2020........... 10
Irrigated and Non-Irrigated Cropland Average Value per Acre - States: 2016-2020........... 12
Pasture Average Value per Acre - Regions, States, and United States: 2016-2020............ 14
Value of Farmland and Buildings - States and United States: 2015-2019..................... 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 $3,160 per acre for 2020, no change
from 2019. The United States cropland value averaged $4,100 per acre, no
change from the previous year. The United States pasture value averaged
$1,400 per acre, no change from 2019.
Farm Real Estate Average Value per Acre - Regions, States, and
United States: 2016-2020
--------------------------------------------------------------------------------
: : : : : : Change
Region and State : 2016 : 2017 : 2018 : 2019 : 2020 :2019-2020
--------------------------------------------------------------------------------
: ------------------- dollars ------------------ percent
:
Northeast ..........: 5,270 5,380 5,550 5,690 5,710 0.4
Connecticut ......: 11,900 12,100 12,300 12,200 12,000 -1.6
Delaware .........: 8,290 8,250 8,410 8,950 8,950 -
Maine ............: 2,210 2,370 2,370 2,410 2,490 3.3
Maryland .........: 7,470 7,620 7,860 8,060 8,080 0.2
Massachusetts ....: 10,700 10,800 10,900 11,100 11,300 1.8
New Hampshire ....: 4,610 4,860 4,900 4,980 5,000 0.4
New Jersey .......: 13,300 13,400 13,500 13,500 13,600 0.7
New York .........: 3,110 3,160 3,230 3,250 3,150 -3.1
Pennsylvania .....: 5,820 6,030 6,250 6,470 6,600 2.0
Rhode Island .....: 14,600 14,900 15,200 15,600 16,000 2.6
Vermont ..........: 3,400 3,470 3,540 3,630 3,550 -2.2
:
Lake States ........: 4,730 4,880 4,890 4,900 4,860 -0.8
Michigan .........: 4,900 4,940 4,960 4,960 4,950 -0.2
Minnesota ........: 4,790 4,870 4,850 4,840 4,840 -
Wisconsin ........: 4,520 4,870 4,900 4,950 4,850 -2.0
:
Corn Belt ..........: 6,100 5,990 6,110 6,100 6,110 0.2
Illinois .........: 7,300 7,160 7,280 7,280 7,400 1.6
Indiana ..........: 6,830 6,580 6,580 6,580 6,600 0.3
Iowa .............: 7,370 7,350 7,270 7,190 7,070 -1.7
Missouri .........: 3,220 3,120 3,380 3,400 3,400 -
Ohio .............: 5,970 6,010 6,200 6,290 6,350 1.0
:
Northern Plains ....: 2,200 2,150 2,110 2,170 2,120 -2.3
Kansas ...........: 1,910 1,890 1,850 1,960 1,900 -3.1
Nebraska .........: 2,890 2,820 2,750 2,850 2,790 -2.1
North Dakota .....: 1,750 1,740 1,710 1,740 1,720 -1.1
South Dakota .....: 2,190 2,100 2,070 2,070 2,010 -2.9
:
Appalachian ........: 3,880 3,970 4,030 4,080 4,140 1.5
Kentucky .........: 3,540 3,680 3,770 3,820 3,920 2.6
North Carolina ...: 4,550 4,580 4,640 4,680 4,670 -0.2
Tennessee ........: 3,770 3,840 3,920 3,990 4,100 2.8
Virginia .........: 4,470 4,590 4,620 4,650 4,620 -0.6
West Virginia ....: 2,620 2,640 2,650 2,680 2,700 0.7
--------------------------------------------------------------------------------
See footnote(s) at end of table. --continued
Farm Real Estate Average Value per Acre - Regions, States, and United States:
2016-2020 (continued)
--------------------------------------------------------------------------------
: : : : : : Change
Region and State : 2016 : 2017 : 2018 : 2019 : 2020 :2019-2020
--------------------------------------------------------------------------------
: ------------------ dollars ------------------ percent
:
Southeast ..........: 3,830 3,990 4,050 4,090 4,120 0.7
Alabama ..........: 2,820 2,910 2,980 3,100 3,150 1.6
Florida ..........: 5,510 5,860 5,900 5,950 5,900 -0.8
Georgia ..........: 3,410 3,560 3,510 3,470 3,500 0.9
South Carolina ...: 3,180 3,240 3,310 3,400 3,500 2.9
:
Delta States .......: 2,830 2,920 3,000 3,100 3,130 1.0
Arkansas .........: 3,000 3,110 3,160 3,320 3,350 0.9
Louisiana ........: 2,870 2,960 3,040 3,120 3,160 1.3
Mississippi ......: 2,590 2,660 2,740 2,800 2,820 0.7
:
Southern Plains ....: 1,810 1,880 2,000 2,070 2,110 1.9
Oklahoma .........: 1,690 1,750 1,800 1,870 1,890 1.1
Texas ............: 1,840 1,920 2,050 2,120 2,170 2.4
:
Mountain ...........: 1,140 1,170 1,200 1,220 1,240 1.6
Arizona 1/ .......: 3,570 3,770 3,780 3,800 3,850 1.3
Colorado .........: 1,500 1,540 1,560 1,570 1,590 1.3
Idaho ............: 2,590 2,730 2,870 3,000 3,110 3.7
Montana ..........: 898 917 916 915 915 -
Nevada 1/ ........: 1,040 1,020 1,020 1,020 1,000 -2.0
New Mexico 1/ ....: 540 558 565 570 575 0.9
Utah 1/ ..........: 2,160 2,230 2,310 2,420 2,450 1.2
Wyoming ..........: 699 712 726 740 750 1.4
:
Pacific ............: 4,960 5,440 5,610 5,900 5,910 0.2
California .......: 8,080 8,970 9,350 10,000 10,000 -
Oregon ...........: 2,240 2,360 2,430 2,500 2,530 1.2
Washington .......: 2,680 2,760 2,840 2,820 2,760 -2.1
:
United States 2/ ...: 2,990 3,030 3,100 3,160 3,160 -
--------------------------------------------------------------------------------
- Represents zero.
1/ Excludes American Indian Reservation land.
2/ Excludes Alaska and Hawaii.
Cropland Average Value per Acre - Regions, States, and United States: 2016-2020
--------------------------------------------------------------------------------
: : : : : : Change
Region and State : 2016 : 2017 : 2018 : 2019 : 2020 :2019-2020
--------------------------------------------------------------------------------
: ------------------- dollars ------------------ percent
:
Northeast ..........: 5,650 5,700 5,940 6,040 6,070 0.5
Delaware .........: 8,090 7,960 8,120 8,600 8,600 -
Maryland .........: 6,910 7,050 7,280 7,370 7,380 0.1
New Jersey .......: 13,500 13,600 13,700 13,700 13,800 0.7
New York .........: 2,690 2,740 2,800 2,810 2,800 -0.4
Pennsylvania .....: 6,450 6,470 6,890 7,030 7,100 1.0
Other States 1/ ..: 7,290 7,630 7,650 7,900 7,900 -
:
Lake States ........: 4,750 4,840 4,810 4,760 4,730 -0.6
Michigan .........: 4,590 4,580 4,510 4,500 4,480 -0.4
Minnesota ........: 4,840 4,920 4,950 4,810 4,800 -0.2
Wisconsin ........: 4,660 4,870 4,740 4,850 4,770 -1.6
:
Corn Belt ..........: 6,500 6,380 6,370 6,360 6,350 -0.2
Illinois .........: 7,350 7,210 7,280 7,300 7,300 -
Indiana ..........: 6,690 6,300 6,210 6,210 6,210 -
Iowa .............: 7,510 7,440 7,290 7,260 7,170 -1.2
Missouri .........: 3,570 3,560 3,490 3,490 3,530 1.1
Ohio .............: 6,070 6,150 6,320 6,400 6,460 0.9
:
Northern Plains ....: 2,900 2,760 2,740 2,790 2,740 -1.8
Kansas ...........: 2,080 2,010 2,060 2,160 2,080 -3.7
Nebraska .........: 4,750 4,430 4,380 4,390 4,360 -0.7
North Dakota .....: 1,910 1,890 1,870 1,920 1,930 0.5
South Dakota .....: 3,430 3,200 3,120 3,130 3,030 -3.2
:
Appalachian ........: 3,980 4,070 4,140 4,190 4,240 1.2
Kentucky .........: 3,980 4,140 4,250 4,300 4,400 2.3
North Carolina ...: 4,060 4,090 4,130 4,180 4,180 -
Tennessee ........: 3,670 3,730 3,830 3,910 3,990 2.0
Virginia .........: 4,610 4,730 4,760 4,720 4,680 -0.8
West Virginia ....: 3,220 3,250 3,250 3,280 3,270 -0.3
--------------------------------------------------------------------------------
See footnote(s) at end of table. --continued
Cropland Average Value per Acre - Regions, States, and United States: 2016-2020
(continued)
--------------------------------------------------------------------------------
: : : : : : Change
Region and State : 2016 : 2017 : 2018 : 2019 : 2020 :2019-2020
--------------------------------------------------------------------------------
: ------------------- dollars ------------------ percent
:
Southeast ..........: 4,030 4,060 4,160 4,120 4,180 1.5
Alabama ..........: 3,080 3,170 3,300 3,430 3,500 2.0
Florida ..........: 6,860 6,940 7,040 7,190 7,190 -
Georgia ..........: 3,420 3,430 3,430 3,210 3,320 3.4
South Carolina ...: 2,610 2,700 2,790 2,830 2,830 -
:
Delta States .......: 2,690 2,770 2,840 2,920 2,960 1.4
Arkansas .........: 2,660 2,730 2,780 2,850 2,880 1.1
Louisiana ........: 2,590 2,700 2,790 2,880 2,930 1.7
Mississippi ......: 2,810 2,900 3,000 3,080 3,100 0.6
:
Southern Plains ....: 1,700 1,780 1,820 1,860 1,930 3.8
Oklahoma .........: 1,530 1,590 1,630 1,670 1,690 1.2
Texas ............: 1,770 1,850 1,890 1,930 2,030 5.2
:
Mountain ...........: 1,820 1,860 1,910 1,980 2,010 1.5
Arizona 2/ .......: 7,800 7,720 7,610 7,600 7,650 0.7
Colorado .........: 2,020 2,070 2,100 2,160 2,200 1.9
Idaho ............: 3,420 3,570 3,740 3,930 4,070 3.6
Montana ..........: 1,010 1,010 1,020 1,040 1,030 -1.0
Nevada 2/ ........: (D) (D) (D) (D) (D) (X)
New Mexico 2/ ....: 1,500 1,560 1,580 1,550 1,600 3.2
Utah 2/ ..........: 3,530 3,690 3,830 3,970 4,040 1.8
Wyoming ..........: 1,450 1,460 1,490 1,520 1,540 1.3
:
Pacific ............: 6,350 6,650 6,830 7,190 7,240 0.7
California .......: 11,160 11,630 12,170 12,830 12,900 0.5
Oregon ...........: 2,780 2,920 3,000 3,080 3,120 1.3
Washington .......: 2,590 2,660 2,630 2,630 2,610 -0.8
:
United States 3/ ...: 4,040 4,030 4,050 4,100 4,100 -
--------------------------------------------------------------------------------
- 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 - States: 2016-2020
[Only states with significant irrigated acreage appear in this table]
-----------------------------------------------------------------------------------------
Region, State, : : : : : : Change
and Land type : 2016 : 2017 : 2018 : 2019 : 2020 :2019-2020
-----------------------------------------------------------------------------------------
: ------------------ dollars ------------------ percent
:
Corn Belt :
Missouri, all cropland ....: 3,570 3,560 3,490 3,490 3,530 1.1
Irrigated ..............: 4,830 4,940 4,770 4,770 4,700 -1.5
Non-irrigated ..........: 3,470 3,450 3,380 3,350 3,400 1.5
:
Northern Plains :
Kansas, all cropland ......: 2,080 2,010 2,060 2,160 2,080 -3.7
Irrigated ..............: 3,050 2,910 2,980 3,320 3,270 -1.5
Non-irrigated ..........: 1,970 1,910 1,960 2,050 1,970 -3.9
:
Nebraska, all cropland ....: 4,750 4,430 4,380 4,390 4,360 -0.7
Irrigated ..............: 6,430 6,010 5,930 5,850 5,820 -0.5
Non-irrigated ..........: 3,720 3,450 3,430 3,490 3,460 -0.9
:
South Dakota, all cropland : 3,430 3,200 3,120 3,130 3,030 -3.2
Irrigated ..............: (D) (D) (D) (D) (D) (X)
Non-irrigated ..........: 3,410 3,180 3,100 3,100 3,000 -3.2
:
Southeast :
Florida, all cropland .....: 6,860 6,940 7,040 7,190 7,190 -
Irrigated ..............: 7,750 7,860 7,980 8,160 8,150 -0.1
Non-irrigated ..........: 6,020 6,070 6,160 6,280 6,300 0.3
:
Georgia, all cropland .....: 3,420 3,430 3,430 3,210 3,320 3.4
Irrigated ..............: 4,010 4,080 4,560 4,030 4,100 1.7
Non-irrigated ..........: 3,210 3,190 3,020 2,870 3,000 4.5
:
Delta States :
Arkansas, all cropland ....: 2,660 2,730 2,780 2,850 2,880 1.1
Irrigated ..............: 3,150 3,230 3,290 3,340 3,360 0.6
Non-irrigated ..........: 1,920 1,960 1,990 2,060 2,100 1.9
:
Louisiana, all cropland ...: 2,590 2,700 2,790 2,880 2,930 1.7
Irrigated ..............: 2,520 2,660 2,750 2,820 2,840 0.7
Non-irrigated ..........: 2,620 2,710 2,810 2,900 2,960 2.1
:
Mississippi, all cropland .: 2,810 2,900 3,000 3,080 3,100 0.6
Irrigated ..............: 3,300 3,440 3,580 3,620 3,650 0.8
Non-irrigated ..........: 2,580 2,640 2,720 2,770 2,780 0.4
:
Southern Plains :
Oklahoma, all cropland ....: 1,530 1,590 1,630 1,670 1,690 1.2
Irrigated ..............: (D) (D) (D) (D) (D) (X)
Non-irrigated ..........: 1,520 1,580 1,610 1,650 1,670 1.2
:
Texas, all cropland .......: 1,770 1,850 1,890 1,930 2,030 5.2
Irrigated ..............: 1,920 2,020 2,160 2,230 2,360 5.8
Non-irrigated ..........: 1,750 1,820 1,840 1,880 1,980 5.3
-----------------------------------------------------------------------------------------
See footnote(s) at end of table. --continued
Irrigated and Non-Irrigated Cropland Average Value per Acre - States: 2016-2020
(continued)
[Only states with significant irrigated acreage appear in this table]
--------------------------------------------------------------------------------------
Region, State, : : : : : : Change
and Land type : 2016 : 2017 : 2018 : 2019 : 2020 :2019-2020
--------------------------------------------------------------------------------------
: ----------------- dollars ---------------- percent
:
Mountain :
Arizona, all cropland 1/ ....: 7,800 7,720 7,610 7,600 7,650 0.7
Irrigated ................: 7,800 7,720 7,610 7,600 7,650 0.7
:
Colorado, all cropland ......: 2,020 2,070 2,100 2,160 2,200 1.9
Irrigated ................: 4,860 4,950 5,050 5,100 5,300 3.9
Non-irrigated ............: 1,320 1,360 1,370 1,370 1,370 -
:
Idaho, all cropland .........: 3,420 3,570 3,740 3,930 4,070 3.6
Irrigated ................: 5,180 5,410 5,690 6,020 6,210 3.2
Non-irrigated ............: 1,470 1,530 1,590 1,650 1,720 4.2
:
Montana, all cropland .......: 1,010 1,010 1,020 1,040 1,030 -1.0
Irrigated ................: 2,970 2,970 2,990 3,010 3,000 -0.3
Non-irrigated ............: 818 827 836 835 825 -1.2
:
Nevada, all cropland 1/ .....: (D) (D) (D) (D) (D) (X)
Irrigated ................: (D) (D) (D) (D) (D) (X)
:
New Mexico, all cropland 1/ .: 1,500 1,560 1,580 1,550 1,600 3.2
Irrigated ................: 4,080 4,140 4,190 4,200 4,370 4.0
Non-irrigated ............: 405 463 469 475 475 -
:
Utah, all cropland 1/ .......: 3,530 3,690 3,830 3,970 4,040 1.8
Irrigated ................: 5,660 5,930 6,160 6,360 6,440 1.3
Non-irrigated ............: 1,240 1,270 1,320 1,400 1,470 5.0
:
Wyoming, all cropland .......: 1,450 1,460 1,490 1,520 1,540 1.3
Irrigated ................: 2,330 2,340 2,390 2,430 2,470 1.6
Non-irrigated ............: 816 820 836 840 840 -
:
Pacific :
California, all cropland ....: 11,160 11,630 12,170 12,830 12,900 0.5
Irrigated ................: 13,200 13,700 14,300 15,100 15,200 0.7
Non-irrigated ............: 4,400 4,740 5,090 5,400 5,400 -
:
Oregon, all cropland ........: 2,780 2,920 3,000 3,080 3,120 1.3
Irrigated ................: 4,730 4,950 5,180 5,290 5,430 2.6
Non-irrigated ............: 2,060 2,170 2,200 2,220 2,220 -
:
Washington, all cropland ....: 2,590 2,660 2,630 2,630 2,610 -0.8
Irrigated ................: 7,760 8,000 7,930 7,690 7,650 -0.5
Non-irrigated ............: 1,250 1,270 1,260 1,260 1,240 -1.6
--------------------------------------------------------------------------------------
- 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 - Regions, States, and United States: 2016-2020
--------------------------------------------------------------------------------
: : : : : : Change
Region and State : 2016 : 2017 : 2018 : 2019 : 2020 :2019-2020
--------------------------------------------------------------------------------
: ------------------- dollars ------------------ percent
:
Northeast ..........: 3,550 3,640 3,770 3,870 3,900 0.8
Maryland .........: 6,450 6,580 (D) (D) (D) (X)
New Jersey .......: 13,000 13,100 13,300 13,400 13,300 -0.7
New York .........: 1,460 1,480 1,560 1,530 1,540 0.7
Pennsylvania .....: 2,860 3,020 3,140 3,290 3,370 2.4
Other States 1/ ..: 6,040 6,160 6,410 6,530 6,520 -0.2
:
Lake States ........: 2,020 2,050 2,080 2,080 2,050 -1.4
Michigan .........: 2,650 2,620 2,600 2,590 2,600 0.4
Minnesota ........: 1,680 1,740 1,750 1,700 1,680 -1.2
Wisconsin ........: 2,190 2,200 2,260 2,310 2,250 -2.6
:
Corn Belt ..........: 2,330 2,260 2,320 2,330 2,340 0.4
Illinois .........: 3,350 3,240 3,200 3,170 3,200 0.9
Indiana ..........: 2,480 2,430 2,430 2,450 2,400 -2.0
Iowa .............: 3,190 2,850 2,790 2,720 2,690 -1.1
Missouri .........: 1,830 1,830 1,920 1,980 2,000 1.0
Ohio .............: 3,250 3,240 3,370 3,350 3,370 0.6
:
Northern Plains ....: 1,000 1,020 1,040 1,090 1,080 -0.9
Kansas ...........: 1,310 1,310 1,320 1,390 1,370 -1.4
Nebraska .........: 891 904 975 1,050 1,040 -1.0
North Dakota .....: 794 804 776 820 790 -3.7
South Dakota .....: 993 1,020 1,040 1,050 1,050 -
:
Appalachian ........: 3,440 3,500 3,530 3,540 3,550 0.3
Kentucky .........: 2,880 2,970 3,000 3,030 3,050 0.7
North Carolina ...: 4,810 4,840 4,830 4,810 4,780 -0.6
Tennessee ........: 3,610 3,670 3,870 3,860 3,880 0.5
Virginia .........: 4,090 4,150 4,050 4,020 4,000 -0.5
West Virginia ....: 2,060 2,100 2,090 2,120 2,150 1.4
--------------------------------------------------------------------------------
See footnote(s) at end of table. --continued
Pasture Average Value per Acre - Regions, States, and United States: 2016-2020
(continued)
--------------------------------------------------------------------------------
: : : : : : Change
Region and State : 2016 : 2017 : 2018 : 2019 : 2020 :2019-2020
--------------------------------------------------------------------------------
: ------------------ dollars ------------------ percent
:
Southeast ..........: 4,000 4,030 4,180 4,180 4,230 1.2
Alabama ..........: 2,280 2,360 2,470 2,590 2,600 0.4
Florida ..........: 5,200 5,240 5,380 5,360 5,400 0.7
Georgia ..........: 3,540 3,570 3,660 3,730 3,820 2.4
South Carolina ...: 3,120 3,180 3,260 3,240 3,300 1.9
:
Delta States .......: 2,420 2,480 2,550 2,620 2,650 1.1
Arkansas .........: 2,410 2,460 2,530 2,610 2,650 1.5
Louisiana ........: 2,570 2,660 2,750 2,830 2,870 1.4
Mississippi ......: 2,300 2,350 2,410 2,430 2,450 0.8
:
Southern Plains ....: 1,480 1,490 1,540 1,620 1,640 1.2
Oklahoma .........: 1,380 1,350 1,380 1,460 1,480 1.4
Texas ............: 1,500 1,520 1,570 1,660 1,680 1.2
:
Mountain ...........: 636 647 667 683 687 0.6
Arizona 2/ .......: (D) (D) (D) (D) (D) (X)
Colorado .........: 803 818 835 845 845 -
Idaho ............: 1,350 1,420 1,490 1,560 1,610 3.2
Montana ..........: 649 658 667 680 680 -
Nevada 2/ ........: (D) (D) (D) (D) (D) (X)
New Mexico 2/ ....: 363 379 394 417 420 0.7
Utah 2/ ..........: 1,100 1,130 1,160 1,240 1,240 -
Wyoming ..........: 540 550 561 575 580 0.9
:
Pacific ............: 1,660 1,680 1,680 1,750 1,750 -
California .......: 2,760 2,780 2,810 3,010 3,000 -0.3
Oregon ...........: 692 715 728 750 760 1.3
Washington .......: 790 782 766 766 740 -3.4
:
United States 3/ ...: 1,320 1,330 1,370 1,400 1,400 -
--------------------------------------------------------------------------------
- Represents zero.
(D) Withheld to avoid disclosing data for individual operations.
(X) Not applicable.
1/ Includes: Connecticut, Delaware, Maine, Maryland (beginning in 2018),
Massachusetts, New Hampshire, Rhode Island, and Vermont.
2/ Excludes American Indian Reservation land.
3/ Excludes Alaska and Hawaii.
Value of Farmland and Buildings - States and United States: 2015-2019
[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 : 2015 : 2016 : 2017 : 2018 : 2019 :2018-2019
--------------------------------------------------------------------------------
: --------------- million dollars --------------- percent
:
Northeast :
Connecticut ......: 4,680 4,641 4,598 4,674 4,636 -0.8
Delaware .........: 4,217 4,311 4,373 4,457 4,744 6.4
Maine ............: 3,038 2,873 3,081 3,081 3,133 1.7
Maryland .........: 14,540 14,940 15,240 15,720 16,120 2.5
Massachusetts ....: 5,300 5,350 5,292 5,450 5,550 1.8
New Hampshire ....: 1,958 1,982 2,090 2,107 2,141 1.6
New Jersey .......: 9,709 9,709 9,782 10,125 10,125 -
New York .........: 21,630 21,770 21,804 22,287 22,425 0.6
Pennsylvania .....: 42,825 42,486 44,019 45,625 47,231 3.5
Rhode Island .....: 858 876 894 912 936 2.6
Vermont ..........: 4,020 4,080 4,164 4,248 4,356 2.5
:
Lake States :
Michigan .........: 48,706 48,020 48,412 48,608 48,608 -
Minnesota ........: 122,332 122,624 124,185 123,675 123,420 -0.2
Wisconsin ........: 65,520 65,088 69,641 70,070 70,785 1.0
:
Corn Belt :
Illinois .........: 200,610 197,100 193,320 196,560 196,560 -
Indiana ..........: 103,257 101,767 98,700 98,700 98,042 -0.7
Iowa .............: 234,702 225,522 224,910 222,462 220,014 -1.1
Missouri .........: 90,117 89,838 86,736 93,626 93,840 0.2
Ohio .............: 83,020 83,580 84,140 86,180 85,544 -0.7
:
Northern Plains :
Kansas ...........: 94,095 87,478 86,562 84,730 89,572 5.7
Nebraska .........: 135,751 130,050 126,900 123,750 127,965 3.4
North Dakota .....: 73,491 68,775 68,382 67,203 68,382 1.8
South Dakota .....: 98,724 94,827 90,720 89,424 89,424 -
:
Appalachian :
Kentucky .........: 44,147 46,020 47,840 48,633 49,278 1.3
North Carolina ...: 38,760 38,675 38,472 38,976 39,312 0.9
Tennessee ........: 40,221 41,093 41,856 42,728 43,092 0.9
Virginia .........: 35,076 35,313 35,802 36,036 36,270 0.6
West Virginia ....: 9,468 9,432 9,768 9,540 9,380 -1.7
--------------------------------------------------------------------------------
See footnote(s) at end of table. --continued
Value of Farmland and Buildings - States and United States: 2015-2019
(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 : 2015 : 2016 : 2017 : 2018 : 2019 :2018-2019
--------------------------------------------------------------------------------
:---------------- million dollars ---------------- percent
:
Southeast :
Alabama ..........: 23,577 24,252 25,026 25,330 25,730 1.6
Florida ..........: 52,608 52,896 56,842 57,230 57,715 0.8
Georgia ..........: 32,046 34,100 35,600 35,451 35,394 -0.2
South Carolina ...: 15,024 15,264 15,228 15,888 16,320 2.7
:
Delta States :
Arkansas .........: 41,676 41,700 43,229 43,924 46,480 5.8
Louisiana ........: 21,962 22,960 23,680 24,320 24,960 2.6
Mississippi ......: 26,500 27,195 27,664 28,496 29,120 2.2
:
Southern Plains :
Oklahoma .........: 55,909 57,967 59,850 61,560 64,328 4.5
Texas ............: 239,010 234,600 243,840 260,350 268,180 3.0
:
Mountain :
Arizona 1/ .......: 25,211 24,929 26,058 26,493 26,608 0.4
Colorado .........: 47,550 47,550 48,972 49,608 49,926 0.6
Idaho ............: 29,601 30,044 31,941 33,292 34,500 3.6
Montana ..........: 52,126 52,443 53,278 53,128 53,070 -0.1
Nevada 1/ ........: 5,934 5,829 5,722 5,722 5,722 -
New Mexico 1/ ....: 20,268 20,586 20,977 21,100 20,982 -0.6
Utah 1/ ..........: 15,523 15,512 15,983 16,290 17,019 4.5
Wyoming ..........: 20,374 20,481 20,648 21,054 21,460 1.9
:
Pacific :
California .......: 194,718 200,384 219,765 227,205 243,000 7.0
Oregon ...........: 34,668 35,840 37,760 38,880 39,500 1.6
Washington .......: 38,073 39,396 40,572 41,748 41,172 -1.4
:
United States 2/ ...:2,623,130 2,602,148 2,644,318 2,686,656 2,732,071 1.7
--------------------------------------------------------------------------------
- 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 Agricultural Land Values Survey, conducted during June and
early July. Mail, internet, and telephone were the main data collection
modes. The Agricultural Land Values Survey contacted the same operators that
were in segments of land from the 2019 June Area Survey. The 2019 June Area
Survey used a complete, probability-based land-area sampling frame. A sample
of approximately 9,000 segments of land is selected, each approximately one
square mile in size.
Enumerators collecting data for the Agricultural Land Values Survey contacted
all agricultural producers operating land within the boundaries of the
sampled land segments, as of June 2019. Land value information is recorded
for the operator's entire farming operation by cropland, pasture, and value
of all land and buildings 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 by
the operator from 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 Quality
Measures 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
agricultural 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 cropland 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 cropland 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.
Herman Ellison, Chief, Environmental, Economics, and Demographics Branch............................... (202) 720-6146
Bruce Boess, Head, Economics Section................................................................... (202) 720-4447
Eric Barnes - Cash Receipts, Farm Computer Use, Land Values, Prices, Prices Indexes, Parity Prices.. (202) 690-3225
Stephanie Brennan - Farm Production Expenditures.................................................... (202) 690-0392
Kuan Chen - Prices, Prices Indexes, Parity Prices................................................... (202) 690-3347
Doug Farmer - Chemical Use.......................................................................... (202) 690-3229
Michael Mathison - Cash Rents, Farms, Land in Farms, Grazing Fees................................... (202) 720-3243
Max Reason - Prices Received Indexes, Parity Prices, Prices Paid Indexes............................ (202) 720-8844
Theresa Varner - Farm Labor......................................................................... (202) 690-3231
Released August 6, 2020, 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.
Cornell's Mann Library has launched a new website housing NASS's and
other agency's archived reports. The new website,
https://usda.library.cornell.edu. All email subscriptions containing
reports will be sent from the new website,
https://usda.library.cornell.edu. To continue receiving the reports via
e-mail, you will have to go to the new website, create a new account
and re-subscribe to the reports. If you need instructions to set up an
account or subscribe, they are located at:
https://usda.library.cornell.edu/help. You should whitelist
notifications@usda-esmis.library.cornell.edu in your email client to
avoid the emails going into spam/junk folders.
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@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 www.ascr.usda.gov/filing-program-discrimination-complaint-usda-customer,
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.