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ARKANSAS FACT SHEET
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Population
Per-capita income
Earnings per job
Poverty rate
Total number of jobs
Unemployment rate
Percent employment change
Farm & farm related jobs
Top export commodities
Farm characteristics
Farm financial indicators
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POPULATION, EMPLOYMENT, AND INCOME
State Metro Nonmetro
Population
1980 2,286,357 963,119 1,323,238
1990 2,350,624 1,039,910 1,310,714
Latest(1997) 2,522,819 1,146,344 1,376,475
Per-capita income (1996 dollars)
1995 18,578 20,766 16,777
1996 18,967 21,104 17,198
Change 2.1% 1.6% 2.5%
Earnings per job (1996 dollars)
1995 23,404 25,479 21,211
1996 23,735 25,603 21,735
Change 1.4% 0.5% 2.5%
Poverty rate
1980 19.0 15.2 21.7
1990 19.1 15.2 22.2
Latest(1995-96) 16.1 N/A N/A
Total Number of Jobs
1995 1,378,720 708,323 670,397
1996 1,401,605 724,571 677,034
Unemployment Rate
1996 5.4 4.2 6.5
1997 5.3 4.2 6.3
Percent employment change
1994-95 1.9 2.3 1.4
1995-96 0.2 0.9 -0.4
1996-97 -1.6 -1.3 -1.9
Percent of 1995 employment in farm and farm related jobs:
Total 20.8 16.6 25.4
Production 5.0 2.3 7.9
Farm Inputs 0.6 0.3 1.0
Proc. & Mark. 5.4 3.8 7.1
Whol.& Retail 8.9 9.0 8.8
FARM CHARACTERISTICS
1992 Census of Agriculture
TOTAL LAND AREA (million acres) 33.3
TOTAL FARMLAND (million acres) 14.1
of total land area 42.4%
CROPLAND (million acres) 10.1
of total farmland 71.2%
irrigated 26.8%
in pasture 20.5%
in Fed. farm program 1.2%
in Conservation Reserve 1.3%
WOODLAND (million acres) 2.2
of total farmland 15.8%
in pasture 44.4%
PASTURELAND (million acres) 1.4
of total farmland 10.2%
OTHER LAND (million acres) 0.4
of total farmland 2.8%
AVERAGE FARM SIZE (acres) 322.0
FARMS BY SIZE
1 to 99 acres 40.3%
100 to 499 acres 42.9%
500 to 999 acres 9.5%
1,000 to 1,999 acres 5.2%
2,000 or more acres 2.2%
FARMS BY SALES
Less than $50,000 71.9%
$50,000 to $99,999 6.0%
$100,000 to $499,999 18.0%
More than $500,000 4.1%
TENURE OF FARMERS
Full owner (farms) 26,237
Percent of total 59.7%
Part owner (farms) 12,584
Percent of total 28.6%
Tenant (farms) 5,116
Percent of total 11.6%
FARM ORGANIZATION
Individuals/family corporations (farms) 39,762
Percent of total 90.5%
Partnerships (farms) 3,824
Percent of total 8.7%
Non-family corporations (farms) 173
Percent of total 0.4%
Others (farms) 178
Percent of total 0.4%
Avg. Operator Age (yrs.) 53
Perc. w/ farming as their 53.0%
principal occupation
FARM FINANCIAL INDICATORS
Farm Income and Balance Sheet Statement
Year 1995 1996
Number of farms 43,000 43,000
Million $
Final crop output 2,008.8 2,705.3
+ Final animal output 3,014.1 3,349.2
+ Services and forestry 452.1 479.6
= Final agricultural sector output 5,475.0 6,534.2
- Intermediate consumption outlays 3,233.8 3,579.8
+ Net government transactions 304.5 280.5
= Gross value added 2,545.7 3,234.8
- Capital consumption 331.9 329.3
= NET VALUE ADDED 2,213.7 2,905.6
- Factor payments 729.7 804.4
Employee compensation (total hired labor) 198.3 226.4
Net rent received by nonoperator landlords 243.4 270.2
Real estate and nonreal estate interest 288.0 307.8
= NET FARM INCOME 1,484.0 2,101.2
Farm Balance Sheet as of December 31: 1995 1996
FARM ASSETS 17,579.2 18,326.0
Real estate 13,250.1 13,351.0
Nonreal estate 4,329.2 4,975.0
FARM DEBT 3,615.5 3,687.3
Real estate 2,002.8 2,074.9
Nonreal estate 1,612.7 1,612.4
EQUITY 13,963.8 14,638.7
RATIOS Percent
Debt/equity 25.9 25.2
Debt/assets 20.6 20.1
TOP 5 AGRICULTURE COMMODITIES, 1996
% of State Tot. % of US
Commodity Farm Receipts Tot.Val.
1. Broilers 36.0 15.2
2. Soybean 12.9 4.7
3. Rice 10.9 40.9
4. Cotton 10.6 8.3
5. Chicken eggs 5.1 6.3
All Commodities 2.9
TOP 5 AGRICULTURE EXPORTS, ESTIMATES, FY 1997
Rank Among
States Value
Commodity
Million $
1. Soybeans and products 8 435.0
2. Poultry and products 1 413.0
3. Rice 1 411.0
4. Wheat and products 4 238.1
5. Cotton and linters 5 208.2
Overall 8 1,918.1
TOP 5 COUNTIES IN AGRICULTURAL SALES 1992
Percent of State's
Total Receipts Million $
1. WASHINGTON 6.8% 284.5
2. BENTON 6.5% 271.8
3. MISSISSIPPI 3.5% 143.4
4. HEMPSTEAD 2.8% 117.0
5. CARROLL 2.6% 109.8
State Total 4,159.5
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