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COLORADO 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 2,889,735 2,326,479 563,256
1990 3,294,473 2,686,341 608,132
Latest(1997) 3,892,644 3,157,318 735,326
Per-capita income (1996 dollars)
1995 25,104 26,220 20,263
1996 25,740 26,942 20,565
Change 2.5% 2.8% 1.5%
Earnings per job (1996 dollars)
1995 27,880 29,377 20,914
1996 28,375 29,945 21,066
Change 1.8% 1.9% 0.7%
Poverty rate
1980 10.1 9.4 13.0
1990 11.7 10.8 15.4
Latest(1995-96) 9.7 N/A N/A
Total Number of Jobs
1995 2,456,054 2,021,679 434,375
1996 2,532,114 2,084,386 447,728
Unemployment Rate
1996 4.2 4.0 5.1
1997 3.3 3.1 4.2
Percent employment change
1994-95 4.6 4.4 5.9
1995-96 0.3 0.4 0.2
1996-97 3.9 4.0 3.2
Percent of 1995 employment in farm and farm related jobs:
Total 14.2 12.7 21.4
Production 1.8 0.8 6.0
Farm Inputs 0.2 0.1 0.5
Proc. & Mark. 1.4 1.3 1.9
Whol.& Retail 10.6 10.1 12.9
FARM CHARACTERISTICS
1992 Census of Agriculture
TOTAL LAND AREA (million acres) 66.4
TOTAL FARMLAND (million acres) 34.0
of total land area 51.2%
CROPLAND (million acres) 10.9
of total farmland 32.2%
irrigated 29.0%
in pasture 10.8%
in Fed. farm program 1.3%
in Conservation Reserve 12.1%
WOODLAND (million acres) 1.2
of total farmland 3.5%
in pasture 79.1%
PASTURELAND (million acres) 21.3
of total farmland 62.7%
OTHER LAND (million acres) 0.6
of total farmland 1.6%
AVERAGE FARM SIZE (acres) 1252.0
FARMS BY SIZE
1 to 99 acres 35.9%
100 to 499 acres 27.6%
500 to 999 acres 11.7%
1,000 to 1,999 acres 10.1%
2,000 or more acres 14.6%
FARMS BY SALES
Less than $50,000 71.4%
$50,000 to $99,999 10.6%
$100,000 to $499,999 14.7%
More than $500,000 3.4%
TENURE OF FARMERS
Full owner (farms) 14,707
Percent of total 54.2%
Part owner (farms) 8,711
Percent of total 32.1%
Tenant (farms) 3,734
Percent of total 13.8%
FARM ORGANIZATION
Individuals/family corporations (farms) 23,776
Percent of total 87.6%
Partnerships (farms) 2,890
Percent of total 10.6%
Non-family corporations (farms) 232
Percent of total 0.9%
Others (farms) 254
Percent of total 0.9%
Avg. Operator Age (yrs.) 53
Perc. w/ farming as their 59.6%
principal occupation
FARM FINANCIAL INDICATORS
Farm Income and Balance Sheet Statement
Year 1995 1996
Number of farms 25,000 24,500
Million $
Final crop output 1,411.4 1,511.4
+ Final animal output 2,841.1 2,800.3
+ Services and forestry 377.3 429.2
= Final agricultural sector output 4,629.8 4,740.8
- Intermediate consumption outlays 3,056.6 2,957.2
+ Net government transactions 54.0 58.9
= Gross value added 1,627.2 1,842.5
- Capital consumption 309.8 308.6
= NET VALUE ADDED 1,317.4 1,533.9
- Factor payments 681.2 690.4
Employee compensation (total hired labor) 268.2 264.6
Net rent received by nonoperator landlords 141.1 154.8
Real estate and nonreal estate interest 271.8 270.9
= NET FARM INCOME 636.2 843.5
Farm Balance Sheet as of December 31: 1995 1996
FARM ASSETS 20,560.3 21,668.9
Real estate 16,104.5 17,028.1
Nonreal estate 4,455.8 4,640.9
FARM DEBT 3,285.6 3,504.8
Real estate 1,679.2 1,743.5
Nonreal estate 1,606.4 1,761.3
EQUITY 17,274.7 18,164.1
RATIOS Percent
Debt/equity 19.0 19.3
Debt/assets 16.0 16.2
TOP 5 AGRICULTURE COMMODITIES, 1996
% of State Tot. % of US
Commodity Farm Receipts Tot.Val.
1. Cattle and calves 48.9 6.6
2. Wheat 9.2 3.9
3. Corn 7.7 1.5
4. Dairy products 5.8 1.0
5. Hogs 4.1 1.3
All Commodities 2.1
TOP 5 AGRICULTURE EXPORTS, ESTIMATES, FY 1997
Rank Among
States Value
Commodity
Million $
1. Live animals and meat exc. poultry 5 249.5
2. Feed grains and products 14 134.6
3. Wheat and products 15 126.8
4. Hides and skins 4 120.1
5. Vegetables and preps. 10 80.5
Overall 21 871.9
TOP 5 COUNTIES IN AGRICULTURAL SALES 1992
Percent of State's
Total Receipts Million $
1. WELD 28.7% 1,180.1
2. YUMA 9.7% 401.1
3. MORGAN 8.4% 346.4
4. LOGAN 6.6% 271.5
5. KIT CARSON 4.2% 173.5
State Total 4,115.6
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