Agricultural Land Values Final Estimates 2014 - 2018

0240 - Agricultural Land Values and Cash Rents - Final Estimates - June 19, 2019.pdf

Tenure, Ownership, and Transition of Agricultural Land (TOTAL)

Agricultural Land Values Final Estimates 2014 - 2018

OMB: 0535-0240

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United States
Department of
Agriculture
National
Agricultural
Statistics
Service

Agricultural Land Values
Final Estimates 2014-2018
June 2019

Statistical
Bulletin
Number 1050

Contents
Farm Real Estate Average Value per Acre – Regions and States: 2014-2018 ....................................................................... 4
Cropland Average Value per Acre – Regions and States: 2014-2018 .................................................................................... 6
Irrigated and Non-Irrigated Cropland Average Value per Acre – States: 2014-2018............................................................. 8
Pasture Average Value per Acre – Regions and States: 2014-2018 ..................................................................................... 10
Farm Real Estate Value of Farmland and Buildings – Regions and States: 2014-2018 ....................................................... 11
Economic Regions ................................................................................................................................................................ 13
Statistical Methodology ........................................................................................................................................................ 14
Terms and Definitions........................................................................................................................................................... 15
Statistical Bulletin Publication Schedule .............................................................................................................................. 16
Information Contacts ............................................................................................................................................................ 17

Agricultural Land Values Final Estimates 2014-2018 (June 2019)
USDA, National Agricultural Statistics Service

3

Farm Real Estate Average Value per Acre – Regions and States: 2014-2018
Region and State

2014

2015

2016

2017

2018

(dollars)

(dollars)

(dollars)

(dollars)

(dollars)

Northeast ........................................
Connecticut .................................
Delaware .....................................
Maine ..........................................
Maryland .....................................
Massachusetts ............................
New Hampshire ..........................
New Jersey .................................
New York ....................................
Pennsylvania ...............................
Rhode Island ...............................
Vermont ......................................

5,020
11,400
8,140
2,120
7,030
10,500
4,360
13,000
2,740
5,710
14,000
3,290

5,190
11,700
8,110
2,170
7,270
10,600
4,450
13,300
3,090
5,710
14,300
3,350

5,270
11,900
8,290
2,210
7,470
10,700
4,610
13,300
3,110
5,820
14,600
3,400

5,380
12,100
8,250
2,370
7,620
10,800
4,860
13,400
3,160
6,030
14,900
3,470

5,550
12,300
8,410
2,370
7,860
10,900
4,900
13,500
3,230
6,250
15,200
3,540

Lake States .....................................
Michigan .....................................
Minnesota ...................................
Wisconsin ...................................

4,640
4,730
4,780
4,330

4,740
4,970
4,760
4,550

4,730
4,900
4,790
4,520

4,880
4,940
4,870
4,870

4,890
4,960
4,850
4,900

Corn Belt .........................................
Illinois ..........................................
Indiana ........................................
Iowa ............................................
Missouri ......................................
Ohio ............................................

6,300
7,480
6,840
8,320
3,050
5,640

6,220
7,430
6,930
7,670
3,230
5,930

6,100
7,300
6,830
7,370
3,220
5,970

5,990
7,160
6,580
7,350
3,120
6,010

6,110
7,280
6,580
7,270
3,380
6,200

Northern Plains ...............................
Kansas ........................................
Nebraska ....................................
North Dakota ...............................
South Dakota ..............................

2,270
2,060
3,100
1,790
2,050

2,320
2,050
3,010
1,870
2,280

2,200
1,910
2,890
1,750
2,190

2,150
1,890
2,820
1,740
2,100

2,110
1,850
2,750
1,710
2,070

Appalachian ....................................
Kentucky .....................................
North Carolina .............................
Tennessee ..................................
Virginia ........................................
West Virginia ...............................

3,730
3,210
4,540
3,620
4,380
2,580

3,810
3,370
4,560
3,690
4,440
2,630

3,880
3,540
4,550
3,770
4,470
2,620

3,970
3,680
4,580
3,840
4,590
2,640

4,030
3,770
4,640
3,920
4,620
2,650

See footnote(s) at end of table.

4

--continued

Agricultural Land Values Final Estimates 2014-2018 (June 2019)
USDA, National Agricultural Statistics Service

Farm Real Estate Average Value per Acre – Regions and States: 2014-2018 (continued)
Region and State

2014

2015

2016

2017

2018

(dollars)

(dollars)

(dollars)

(dollars)

(dollars)

Southeast ........................................
Alabama ......................................
Florida .........................................
Georgia ........................................
South Carolina .............................

3,670
2,640
5,290
3,300
3,070

3,740
2,710
5,480
3,270
3,130

3,830
2,820
5,510
3,410
3,180

3,990
2,910
5,860
3,560
3,240

4,050
2,980
5,900
3,510
3,310

Delta States .....................................
Arkansas .....................................
Louisiana .....................................
Mississippi ...................................

2,640
2,830
2,660
2,380

2,790
3,020
2,780
2,500

2,830
3,000
2,870
2,590

2,920
3,110
2,960
2,660

3,000
3,160
3,040
2,740

Southern Plains ...............................
Oklahoma ....................................
Texas ...........................................

1,760
1,550
1,810

1,810
1,630
1,860

1,810
1,690
1,840

1,880
1,750
1,920

2,000
1,800
2,050

Mountain ..........................................
Arizona 1 ......................................
Colorado ......................................
Idaho ...........................................
Montana ......................................
Nevada 1 ......................................
New Mexico 1 ...............................
Utah 1 ..........................................
Wyoming .....................................

1,080
3,660
1,380
2,390
859
1,060
527
2,070
642

1,130
3,620
1,500
2,530
888
1,080
523
2,130
686

1,140
3,570
1,500
2,590
898
1,040
540
2,160
699

1,170
3,770
1,540
2,730
917
1,020
558
2,230
712

1,200
3,780
1,560
2,870
916
1,020
565
2,310
726

Pacific ..............................................
California .....................................
Oregon ........................................
Washington ..................................

4,540
7,360
2,060
2,450

4,800
7,820
2,140
2,590

4,960
8,080
2,240
2,680

5,440
8,970
2,360
2,760

5,610
9,350
2,430
2,840

48 States 2 .......................................

2,940

3,000

2,990

3,030

3,100

1

Excludes American Indian Reservation Land.
2
Excludes Alaska and Hawaii.

Agricultural Land Values Final Estimates 2014-2018 (June 2019)
USDA, National Agricultural Statistics Service

5

Cropland Average Value per Acre – Regions and States: 2014-2018
Region and State

2014

2015

2016

2017

2018

(dollars)

(dollars)

(dollars)

(dollars)

(dollars)

Northeast ........................................
Delaware .....................................
Maryland .....................................
New Jersey .................................
New York ....................................
Pennsylvania ...............................
Other States 1 .............................

5,350
7,840
6,590
13,200
2,570
5,950
7,220

5,520
7,880
6,720
13,800
2,680
6,130
7,270

5,650
8,090
6,910
13,500
2,690
6,450
7,290

5,700
7,960
7,050
13,600
2,740
6,470
7,630

5,940
8,120
7,280
13,700
2,800
6,890
7,650

Lake States .....................................
Michigan .....................................
Minnesota ...................................
Wisconsin ...................................

4,670
4,530
4,900
4,280

4,730
4,620
4,860
4,550

4,750
4,590
4,840
4,660

4,840
4,580
4,920
4,870

4,810
4,510
4,950
4,740

Corn Belt .........................................
Illinois ..........................................
Indiana ........................................
Iowa ............................................
Missouri ......................................
Ohio ............................................

6,920
7,660
6,940
8,560
3,750
5,740

6,700
7,580
6,780
7,860
3,680
6,030

6,500
7,350
6,690
7,510
3,570
6,070

6,380
7,210
6,300
7,440
3,560
6,150

6,370
7,280
6,210
7,290
3,490
6,320

Northern Plains ...............................
Kansas ........................................
Nebraska ....................................
North Dakota ...............................
South Dakota ..............................

3,070
2,270
5,140
2,020
3,400

3,090
2,230
5,010
2,080
3,670

2,900
2,080
4,750
1,910
3,430

2,760
2,010
4,430
1,890
3,200

2,740
2,060
4,380
1,870
3,120

Appalachian ....................................
Kentucky .....................................
North Carolina .............................
Tennessee ..................................
Virginia ........................................
West Virginia ...............................

3,830
3,620
4,230
3,420
4,520
3,240

3,910
3,860
4,150
3,510
4,560
3,290

3,980
3,980
4,060
3,670
4,610
3,220

4,070
4,140
4,090
3,730
4,730
3,250

4,140
4,250
4,130
3,830
4,760
3,250

See footnote(s) at end of table.

6

--continued

Agricultural Land Values Final Estimates 2014-2018 (June 2019)
USDA, National Agricultural Statistics Service

Cropland Average Value per Acre – Regions and States: 2014-2018 (continued)
Region and State

2014

2015

2016

2017

2018

(dollars)

(dollars)

(dollars)

(dollars)

(dollars)

Southeast ........................................
Alabama ......................................
Florida .........................................
Georgia ........................................
South Carolina .............................

3,760
2,890
6,550
3,080
2,510

3,840
2,940
6,660
3,160
2,560

4,030
3,080
6,860
3,420
2,610

4,060
3,170
6,940
3,430
2,700

4,160
3,300
7,040
3,430
2,790

Delta States .....................................
Arkansas .....................................
Louisiana .....................................
Mississippi ...................................

2,510
2,530
2,370
2,610

2,600
2,600
2,480
2,700

2,690
2,660
2,590
2,810

2,770
2,730
2,700
2,900

2,840
2,780
2,790
3,000

Southern Plains ...............................
Oklahoma ....................................
Texas ...........................................

1,590
1,470
1,640

1,690
1,520
1,760

1,700
1,530
1,770

1,780
1,590
1,850

1,820
1,630
1,890

Mountain ..........................................
Arizona 2 ......................................
Colorado ......................................
Idaho ...........................................
Montana ......................................
Nevada 2 ......................................
New Mexico 2 ...............................
Utah 2 ..........................................
Wyoming .....................................

1,720
8,140
1,890
3,080
986
2,620
1,470
3,320
1,400

1,780
7,970
1,990
3,280
995
2,550
1,480
3,430
1,420

1,820
7,800
2,020
3,420
1,010
(D)
1,500
3,530
1,450

1,860
7,720
2,070
3,570
1,010
(D)
1,560
3,690
1,460

1,910
7,610
2,100
3,740
1,020
(D)
1,580
3,830
1,490

Pacific ..............................................
California .....................................
Oregon ........................................
Washington ..................................

5,880
10,230
2,520
2,510

6,190
10,850
2,630
2,530

6,350
11,160
2,780
2,590

6,650
11,630
2,920
2,660

6,830
12,170
3,000
2,630

48 States 3 .......................................

4,090

4,100

4,040

4,030

4,050

(D) Withheld to avoid disclosing data for individual operations.
1
Includes: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.
2
Excludes American Indian Reservation Land.
3
Excludes Alaska and Hawaii.

Agricultural Land Values Final Estimates 2014-2018 (June 2019)
USDA, National Agricultural Statistics Service

7

Irrigated and Non-Irrigated Cropland Average Value per Acre – States: 2014-2018
[Only states with significant irrigated acreage appear in this table]
Region, State,
and Land type

2014

2015

2016

2017

2018

(dollars)

(dollars)

(dollars)

(dollars)

(dollars)

Corn Belt
Missouri All .................................
Irrigated .................................
Non-Irrigated .........................

3,750
4,670
3,670

3,680
4,950
3,570

3,570
4,830
3,470

3,560
4,940
3,450

3,490
4,770
3,380

Northern Plains
Kansas All ...................................
Irrigated .................................
Non-Irrigated .........................

2,270
3,300
2,160

2,230
3,300
2,110

2,080
3,050
1,970

2,010
2,910
1,910

2,060
2,980
1,960

Nebraska All ...............................
Irrigated .................................
Non-Irrigated .........................

5,140
7,050
3,970

5,010
6,780
3,920

4,750
6,430
3,720

4,430
6,010
3,450

4,380
5,930
3,430

South Dakota All .........................
Irrigated .................................
Non-Irrigated .........................

3,400
(D)
3,370

3,670
(D)
3,640

3,430
(D)
3,410

3,200
(D)
3,180

3,120
(D)
3,100

Southeast
Florida All ....................................
Irrigated .................................
Non-Irrigated .........................

6,550
7,490
5,670

6,660
7,680
5,690

6,860
7,750
6,020

6,940
7,860
6,070

7,040
7,980
6,160

Georgia All ..................................
Irrigated .................................
Non-Irrigated .........................

3,080
3,430
2,950

3,160
3,600
3,000

3,420
4,010
3,210

3,430
4,080
3,190

3,430
4,560
3,020

Delta States
Arkansas All ................................
Irrigated .................................
Non-Irrigated .........................

2,530
2,980
1,830

2,600
3,070
1,880

2,660
3,150
1,920

2,730
3,230
1,960

2,780
3,290
1,990

Louisiana All ...............................
Irrigated .................................
Non-Irrigated .........................

2,370
2,260
2,410

2,480
2,380
2,510

2,590
2,520
2,620

2,700
2,660
2,710

2,790
2,750
2,810

Mississippi All ..............................
Irrigated .................................
Non-Irrigated .........................

2,610
2,980
2,430

2,700
3,130
2,500

2,810
3,300
2,580

2,900
3,440
2,640

3,000
3,580
2,720

Southern Plains
Oklahoma All ...............................
Irrigated .................................
Non-Irrigated .........................

1,470
(D)
1,450

1,520
(D)
1,510

1,530
(D)
1,520

1,590
(D)
1,580

1,630
(D)
1,610

Texas All .....................................
Irrigated .................................
Non-Irrigated .........................

1,640
1,840
1,610

1,760
1,970
1,730

1,770
1,920
1,750

1,850
2,020
1,820

1,890
2,160
1,840

See footnote(s) at end of table.

8

--continued

Agricultural Land Values Final Estimates 2014-2018 (June 2019)
USDA, National Agricultural Statistics Service

Irrigated and Non-Irrigated Cropland Average Value per Acre – States: 2014-2018 (continued)
[Only states with significant irrigated acreage appear in this table]
Region, State,
and Land type

2014

2015

2016

2017

2018

(dollars)

(dollars)

(dollars)

(dollars)

(dollars)

Mountain
Arizona All 1 .................................
Irrigated .................................

8,140
8,140

7,970
7,970

7,800
7,800

7,720
7,720

7,610
7,610

Colorado All .................................
Irrigated .................................
Non-Irrigated ..........................

1,890
4,550
1,230

1,990
4,840
1,280

2,020
4,860
1,320

2,070
4,950
1,360

2,100
5,050
1,370

Idaho All ......................................
Irrigated .................................
Non-Irrigated ..........................

3,080
4,660
1,340

3,280
4,950
1,430

3,420
5,180
1,470

3,570
5,410
1,530

3,740
5,690
1,590

Montana All ..................................
Irrigated .................................
Non-Irrigated ..........................

986
2,950
799

995
2,950
808

1,010
2,970
818

1,010
2,970
827

1,020
2,990
836

Nevada All 1 .................................
Irrigated .................................

2,620
2,620

2,550
2,550

(D)
(D)

(D)
(D)

(D)
(D)

New Mexico All 1 ..........................
Irrigated .................................
Non-Irrigated ..........................

1,470
3,980
395

1,480
4,020
400

1,500
4,080
405

1,560
4,140
463

1,580
4,190
469

Utah All 1 ......................................
Irrigated .................................
Non-Irrigated ..........................

3,320
5,350
1,140

3,430
5,510
1,180

3,530
5,660
1,240

3,690
5,930
1,270

3,830
6,160
1,320

Wyoming All .................................
Irrigated .................................
Non-Irrigated ..........................

1,400
2,230
795

1,420
2,280
800

1,450
2,330
816

1,460
2,340
820

1,490
2,390
836

Pacific
California All ................................
Irrigated .................................
Non-Irrigated ..........................

10,230
12,200
3,680

10,850
12,900
4,060

11,160
13,200
4,400

11,630
13,700
4,740

12,170
14,300
5,090

Oregon All ...................................
Irrigated .................................
Non-Irrigated ..........................

2,520
4,160
1,910

2,630
4,400
1,970

2,780
4,730
2,060

2,920
4,950
2,170

3,000
5,180
2,200

Washington All .............................
Irrigated .................................
Non-Irrigated ..........................

2,510
7,520
1,210

2,530
7,530
1,230

2,590
7,760
1,250

2,660
8,000
1,270

2,630
7,930
1,260

(D) Withheld to avoid disclosing data for individual operations.
1
Excludes American Indian Reservation Land.

Agricultural Land Values Final Estimates 2014-2018 (June 2019)
USDA, National Agricultural Statistics Service

9

Pasture Average Value per Acre – Regions and States: 2014-2018
Region and State

2014

2015

2016

2017

2018

(dollars)

(dollars)

(dollars)

(dollars)

(dollars)

Northeast ........................................
Maryland .....................................
New Jersey .................................
New York ....................................
Pennsylvania ...............................
Other States 1 .............................

3,520
6,110
13,700
1,350
2,960
5,940

3,600
6,230
13,800
1,470
2,960
6,010

3,550
6,450
13,000
1,460
2,860
6,040

3,640
6,580
13,100
1,480
3,020
6,160

3,770
(D)
13,300
1,560
3,140
6,410

Lake States .....................................
Michigan .....................................
Minnesota ...................................
Wisconsin ...................................

1,940
2,520
1,610
2,120

2,050
2,720
1,720
2,180

2,020
2,650
1,680
2,190

2,050
2,620
1,740
2,200

2,080
2,600
1,750
2,260

Corn Belt .........................................
Illinois ..........................................
Indiana ........................................
Iowa ............................................
Missouri ......................................
Ohio ............................................

2,340
3,380
2,510
3,330
1,820
3,150

2,390
3,520
2,520
3,260
1,880
3,240

2,330
3,350
2,480
3,190
1,830
3,250

2,260
3,240
2,430
2,850
1,830
3,240

2,320
3,200
2,430
2,790
1,920
3,370

Northern Plains ...............................
Kansas ........................................
Nebraska ....................................
North Dakota ...............................
South Dakota ..............................

950
1,310
894
738
852

1,010
1,400
859
828
963

1,000
1,310
891
794
993

1,020
1,310
904
804
1,020

1,040
1,320
975
776
1,040

Appalachian ....................................
Kentucky .....................................
North Carolina .............................
Tennessee ..................................
Virginia ........................................
West Virginia ...............................

3,320
2,750
4,790
3,420
3,980
2,020

3,410
2,850
4,760
3,540
4,110
2,040

3,440
2,880
4,810
3,610
4,090
2,060

3,500
2,970
4,840
3,670
4,150
2,100

3,530
3,000
4,830
3,870
4,050
2,090

Southeast .......................................
Alabama ......................................
Florida .........................................
Georgia .......................................
South Carolina ............................

3,840
2,130
4,950
3,650
2,960

3,870
2,210
4,970
3,580
3,060

4,000
2,280
5,200
3,540
3,120

4,030
2,360
5,240
3,570
3,180

4,180
2,470
5,380
3,660
3,260

Delta States ....................................
Arkansas .....................................
Louisiana ....................................
Mississippi ..................................

2,270
2,220
2,490
2,150

2,330
2,270
2,570
2,210

2,420
2,410
2,570
2,300

2,480
2,460
2,660
2,350

2,550
2,530
2,750
2,410

Southern Plains ...............................
Oklahoma ...................................
Texas ..........................................

1,510
1,330
1,550

1,500
1,370
1,530

1,480
1,380
1,500

1,490
1,350
1,520

1,540
1,380
1,570

Mountain .........................................
Arizona 2 .....................................
Colorado .....................................
Idaho ...........................................
Montana ......................................
Nevada 2 .....................................
New Mexico 2 ..............................
Utah 2 ..........................................
Wyoming .....................................

617
(D)
777
1,240
639
(D)
365
1,070
499

626
(D)
792
1,280
649
(D)
349
1,090
530

636
(D)
803
1,350
649
(D)
363
1,100
540

647
(D)
818
1,420
658
(D)
379
1,130
550

667
(D)
835
1,490
667
(D)
394
1,160
561

Pacific .............................................
California .....................................
Oregon ........................................
Washington .................................

1,620
2,720
633
794

1,640
2,740
666
787

1,660
2,760
692
790

1,680
2,780
715
782

1,680
2,810
728
766

48 States 3 ......................................

1,290

1,310

1,320

1,330

1,370

(D) Withheld to avoid disclosing data for individual operations.
1
Includes: Connecticut, Delaware, Maine, Maryland (in 2018), Massachusetts, New Hampshire, Rhode Island, and Vermont.
2
Excludes American Indian Reservation Land.
3
Excludes Alaska and Hawaii.

10

Agricultural Land Values Final Estimates 2014-2018 (June 2019)
USDA, National Agricultural Statistics Service

Farm Real Estate Value of Farmland and Buildings – Regions and States: 2014-2018
[Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms]
Region and State

Total value of land and buildings
2014

2015

2016

2017

2018

(million dollars)

(million dollars)

(million dollars)

(million dollars)

(million dollars)

Northeast
Connecticut ..................................
Delaware .....................................
Maine ...........................................
Maryland ......................................
Massachusetts .............................
New Hampshire ...........................
New Jersey ..................................
New York .....................................
Pennsylvania ...............................
Rhode Island ...............................
Vermont .......................................

4,788
4,151
2,968
14,060
5,355
1,962
9,490
19,180
43,396
840
3,948

4,680
4,217
3,038
14,540
5,300
1,958
9,709
21,630
42,825
858
4,020

4,641
4,311
2,873
14,940
5,350
1,982
9,709
21,770
42,486
876
4,080

4,598
4,373
3,081
15,240
5,292
2,090
9,782
21,804
44,019
894
4,164

4,674
4,457
3,081
15,720
5,450
2,107
10,125
22,287
45,625
912
4,248

Lake States
Michigan ......................................
Minnesota ....................................
Wisconsin ....................................

46,827
122,846
62,785

48,706
122,332
65,520

48,020
122,624
65,088

48,412
124,185
69,641

48,608
123,675
70,070

Corn Belt
Illinois ..........................................
Indiana .........................................
Iowa .............................................
Missouri .......................................
Ohio .............................................

202,708
101,232
254,592
85,400
78,960

200,610
103,257
234,702
90,117
83,020

197,100
101,767
225,522
89,838
83,580

193,320
98,700
224,910
86,736
84,140

196,560
98,700
222,462
93,626
86,180

Northern Plains
Kansas ........................................
Nebraska .....................................
North Dakota ...............................
South Dakota ...............................

94,554
139,810
70,526
88,765

94,095
135,751
73,491
98,724

87,478
130,050
68,775
94,827

86,562
126,900
68,382
90,720

84,730
123,750
67,203
89,424

Appalachian
Kentucky ......................................
North Carolina .............................
Tennessee ...................................
Virginia ........................................
West Virginia ...............................

42,051
38,590
39,458
35,478
9,288

44,147
38,760
40,221
35,076
9,468

46,020
38,675
41,093
35,313
9,432

47,840
38,472
41,856
35,802
9,768

48,633
38,976
42,728
36,036
9,540

See footnote(s) at end of table.

Agricultural Land Values Final Estimates 2014-2018 (June 2019)
USDA, National Agricultural Statistics Service

--continued

11

Farm Real Estate Value of Farmland and Buildings – Regions and States: 2014-2018 (continued)
[Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms]
Region and State

Total value of land and buildings
2014

2015

2016

2017

2018

(million dollars)

(million dollars)

(million dollars)

(million dollars)

(million dollars)

Southeast
Alabama ......................................
Florida .........................................
Georgia .......................................
South Carolina ............................

23,232
50,784
32,010
15,043

23,577
52,608
32,046
15,024

24,252
52,896
34,100
15,264

25,026
56,842
35,600
15,228

25,330
57,230
35,451
15,888

Delta States
Arkansas .....................................
Louisiana ....................................
Mississippi ..................................

39,054
21,014
25,704

41,676
21,962
26,500

41,700
22,960
27,195

43,229
23,680
27,664

43,924
24,320
28,496

Southern Plains
Oklahoma ...................................
Texas ..........................................

53,320
233,490

55,909
239,010

57,967
234,600

59,850
243,840

61,560
260,350

Mountain
Arizona 1 .....................................
Colorado .....................................
Idaho ...........................................
Montana ......................................
Nevada 1 .....................................
New Mexico 1 ..............................
Utah 1 ..........................................
Wyoming .....................................

25,437
43,884
27,963
50,681
5,829
20,669
15,114
19,196

25,211
47,550
29,601
52,126
5,934
20,268
15,523
20,374

24,929
47,550
30,044
52,443
5,829
20,586
15,512
20,481

26,058
48,972
31,941
53,278
5,722
20,977
15,983
20,648

26,493
49,608
33,292
53,128
5,722
21,100
16,290
21,054

Pacific
California .....................................
Oregon ........................................
Washington .................................

185,472
33,578
36,015

194,718
34,668
38,073

200,384
35,840
39,396

219,765
37,760
40,572

227,205
38,880
41,748

48 States 2 ......................................

2,581,497

2,623,130

2,602,148

2,644,318

2,686,656

1
2

Value of all land and buildings adjusted to include American Indian Reservation land value.
Excludes Alaska and Hawaii.

12

Agricultural Land Values Final Estimates 2014-2018 (June 2019)
USDA, National Agricultural Statistics Service

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.

Agricultural Land Values Final Estimates 2014-2018 (June 2019)
USDA, National Agricultural Statistics Service

13

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 10,500 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 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.

14

Agricultural Land Values Final Estimates 2014-2018 (June 2019)
USDA, National Agricultural Statistics Service

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.

Agricultural Land Values Final Estimates 2014-2018 (June 2019)
USDA, National Agricultural Statistics Service

15

Statistical Bulletin Publication Schedule
Statistical Bulletins (SB): The National Agricultural Statistics Service will issue a series of nineteen bulletins containing
final estimates for agricultural data series based on the review of the 2017 Census of Agriculture and other information.
The product number, bulletin title, and tentative release dates are as follows.

SB1049
SB1050
SB1051
SB1052
SB1053
SB1054
SB1055
SB1056
SB1057
SB1058
SB1059
SB1060
SB1061
SB1062
SB1063
SB1064
SB1065
SB1066
SB1067

Farms and Land in Farms – Final Estimates 2013 – 2017
Agricultural Land Values – Final Estimates 2014 – 2018
Citrus Fruits – Final Estimates 2013 – 2017 *
Vegetables – Final Estimates 2013 – 2017 *
Cattle – Final Estimates 2014 – 2018
Hogs and Pigs – Final Estimates 2013 – 2017
Milk Cows and Production – Final Estimates 2013 – 2017
Sheep and Goats – Final Estimates 2014 – 2018
Chickens and Eggs – Final Estimates 2013 – 2017
Honey – Final Estimates 2013 – 2017
Meat Animals, PDI – Final Estimates 2013 – 2017
Milk Disposition and Income – Final Estimates 2013 – 2017
Poultry Production and Value – Final Estimates 2013 – 2017
Noncitrus Fruits and Nuts – Final Estimates 2013 – 2017 *
Field Crops – Final Estimates 2013 – 2017 *
Rice Stocks – Final Estimates 2013 – 2018 *
Stocks of Grains, Oilseeds, and Hay – Final Estimates 2013 – 2018 *
Potatoes and Sweet Potatoes – Final Estimates 2013 – 2017 *
Crop Values – Final Estimates 2013 – 2017 *

04/18/19
06/19/19
03/12/19
02/21/19
05/09/19
03/05/19
05/09/19
05/09/19
06/25/19
06/25/19
05/30/19
05/30/19
06/25/19
03/12/19
02/06/19
02/06/19
02/06/19
03/12/19
04/05/19

Agricultural Census Publications: The U. S. Department of Agriculture's National Agricultural Statistics Service
(NASS) will release several products from the 2017 Census of Agriculture on April 11, 2019. The Census is the leading
source of statistics about the Nation’s agricultural production and the only source of consistent, comparable data at the
county, state, and national levels. The Census includes all places from which $1,000 or more of agricultural products,
including government payments, were produced and sold, or normally would have been sold, during the census year.
Census publications also include demographic items such as sex of producer, residence on or off the farm, days worked
off farm, years present on farm, age group categories, race, and number of persons living in each household.
* QuickStats database only.

16

Agricultural Land Values Final Estimates 2014-2018 (June 2019)
USDA, National Agricultural Statistics Service

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 [email protected].
Jody McDaniel, Chief, Environmental, Economics, and Demographics Branch ............................................ (202) 720-6146
Bruce Boess, Head, Economics Section .......................................................................................................... (202) 720-4447
Stephanie Brennan – Farm Computer Use, Farm Expenditures ................................................................ (202) 690-0392
Kuan Chen – Prices, Prices Indexes, Parity Prices .................................................................................... (202) 690-3347
Ryan Cowen – Cash Rents, Farms, Land in Farms, Land Values, Grazing Fees ...................................... (202) 720-2250
Doug Farmer – Chemical Use ................................................................................................................... (202) 690-3229
Stephen Habets – Prices, Prices Indexes, Parity Prices ............................................................................. (202) 720-9168
Michael Mathison – Farm Production Expenditures ................................................................................. (202) 720-3243
Theresa Varner – Farm Labor ................................................................................................................... (202) 690-3231

Scott Shimmin, Head, Environmental and Demographics Section .................................................................. (202) 720-0684
Andrew Broiser – Census of Agriculture, Organics .................................................................................. (202) 690-3226
William Cumberland – Census of Agriculture, Farm and Ranch Irrigation.............................................. (202) 690-1348
Fred Granja – Census of Agriculture, Census of Horticulture .................................................................. (202) 690-3233
Joe Hagedorn – Census of Agriculture, American Indian Reservations ................................................... (202) 690-2284
Ginger Harris – Census of Agriculture ...................................................................................................... (502) 907-3211
Miste Salmon – Census of Agriculture, Census of Aquaculture ............................................................... (202) 720-7644
Shirley Samson – Census of Agriculture ................................................................................................... (202) 690-4752

Agricultural Land Values Final Estimates 2014-2018 (June 2019)
USDA, National Agricultural Statistics Service

17

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: [email protected].

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 [email protected].


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