FLORIDA FACT SHEET

fl.gif (5371 bytes) 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

 


POPULATION, EMPLOYMENT, AND INCOME


 
                                         State       Metro      Nonmetro
 Population
     1980                              9,746,961    9,038,653       708,308
     1990                             12,938,071   12,023,514       914,557
     Latest(1997)                     14,653,945   13,596,144     1,057,801
 
 Per-capita income (1996 dollars)
     1995                                 23,692       24,088        18,554
     1996                                 24,198       24,625        18,706
 Change                                      2.1%         2.2%          0.8%
 
 Earnings per job (1996 dollars)
     1995                                 26,683       26,969        21,638
     1996                                 26,804       27,097        21,627
 Change                                      0.5%         0.5%         -0.1%
 
 Poverty rate
     1980                                   13.5         13.0          19.7
     1990                                   12.7         12.4          17.1
     Latest(1995-96)                        15.2           N/A           N/A
 
 Total Number of Jobs
     1995                              7,544,762    7,140,052       404,710
     1996                              7,758,309    7,343,248       415,061
 
 Unemployment Rate
     1996                                    5.1          5.0           6.3
     1997                                    4.8          4.7           6.0
 
 Percent employment change
     1994-95                                 1.9          1.8           3.4
     1995-96                                 2.0          2.0           1.8
     1996-97                                 2.5          2.6           1.2
 
 Percent of 1995 employment in farm and farm related jobs:
 
  Total                                     15.1         14.7          22.8
     Production                              1.7          1.4           7.2
     Farm Inputs                             0.2          0.2           0.6
     Proc. & Mark.                           1.1          1.1           1.9
     Whol.& Retail                          11.9         11.9          12.6
 


FARM CHARACTERISTICS


                           1992 Census of Agriculture
 
TOTAL LAND AREA (million acres)                                        34.6
   TOTAL FARMLAND (million acres)                                      10.8
      of total land area                                               31.2%
 
      CROPLAND (million acres)                                          3.8
         of total farmland                                             35.7%
            irrigated                                                  46.4%
            in pasture                                                 25.3%
            in Fed. farm program                                        0.1%
            in Conservation Reserve                                     1.9%
 
      WOODLAND (million acres)                                          1.9
         of total farmland                                             17.9%
            in pasture                                                 56.5%
 
      PASTURELAND (million acres)                                       4.5
         of total farmland                                             41.4%
 
      OTHER LAND (million acres)                                        0.5
         of total farmland                                              5.1%
 
AVERAGE FARM SIZE (acres)                                             306.0
 
FARMS BY SIZE
        1 to 99 acres                                                  70.4%
 
        100 to 499 acres                                               20.8%
 
        500 to 999 acres                                                4.1%
 
        1,000 to 1,999 acres                                            2.2%
 
        2,000 or more acres                                             2.5%
 
FARMS BY SALES
        Less than $50,000                                              79.1%
 
        $50,000 to $99,999                                              6.4%
 
        $100,000 to $499,999                                            9.8%
 
        More than $500,000                                              4.7%
 
TENURE OF FARMERS
     Full owner (farms)                                              26,662
        Percent of total                                               75.7%
 
     Part owner (farms)                                               5,853
        Percent of total                                               16.6%
 
     Tenant (farms)                                                   2,689
        Percent of total                                                7.6%
 
FARM ORGANIZATION
     Individuals/family corporations (farms)                         30,852
        Percent of total                                               87.6%
 
     Partnerships (farms)                                             3,233
        Percent of total                                                9.2%
 
     Non-family corporations (farms)                                    716
        Percent of total                                                2.0%
 
     Others (farms)                                                     403
        Percent of total                                                1.1%
 
Avg. Operator Age (yrs.)                                                 55
Perc. w/ farming as their                                              47.0%
     principal occupation

FARM FINANCIAL INDICATORS


 
Farm Income and Balance Sheet Statement
                    Year                                1995         1996
Number of farms                                        39,000        40,000
 
                                                           Million $
  Final crop output                                   4,809.8       4,969.6
+ Final animal output                                 1,120.4       1,177.1
+ Services and forestry                                 269.8         290.7
= Final agricultural sector output                    6,199.9       6,437.4
 
- Intermediate consumption outlays                    2,762.9       2,951.2
+ Net government transactions                          (143.3)       (179.3)
= Gross value added                                   3,293.7       3,306.9
 
- Capital consumption                                   268.8         271.2
 
= NET VALUE ADDED                                     3,024.9       3,035.7
 
- Factor payments                                     1,212.0       1,266.6
    Employee compensation (total hired labor)           829.4         844.9
    Net rent received by nonoperator landlords           53.0          69.1
    Real estate and nonreal estate interest             329.6         352.6
 
= NET FARM INCOME                                     1,812.9       1,769.1

 
Farm Balance Sheet as of December 31:                    1995          1996
 
FARM ASSETS                                          26,051.2      25,990.7
     Real estate                                     22,195.7      22,137.9
     Nonreal estate                                   3,855.5       3,852.7
 
FARM DEBT                                             3,948.5       3,895.1
     Real estate                                      2,789.2       2,687.6
     Nonreal estate                                   1,159.3       1,207.5
 
       EQUITY                                        22,102.7      22,095.6
 
 RATIOS                                                          Percent
     Debt/equity                                         17.9          17.6
     Debt/assets                                         15.2          15.0

 
 TOP 5 AGRICULTURE COMMODITIES, 1996
 
                                              % of State Tot.      % of US
Commodity                                     Farm Receipts        Tot.Val.
 
 1.   Oranges                                            21.0          71.7
 2.   Greenhouse and nursery                             18.6          10.4
 3.   Cane for sugar                                      7.5          53.3
 4.   Dairy products                                      7.0           1.8
 5.   Tomatoes                                            6.2          23.8
 
                                     All Commodities                    3.0
 
 
 TOP 5 AGRICULTURE EXPORTS, ESTIMATES, FY 1997
                                                     Rank Among
                                                       States       Value
  Commodity
                                                                   Million $
 1.   Fruits and prep.                                      2         615.0
 2.   Other                                                 4         240.0
 3.   Vegetables and preps.                                 8         111.5
 4.   Feeds and fodders                                     9          66.1
 5.   Poultry and products                                 17          49.2
 
                                     Overall               16       1,212.0
 
 
 TOP 5 COUNTIES IN AGRICULTURAL SALES 1992
 
                                              Percent of State's
                                              Total Receipts       Million $
 
 1.   PALM BEACH                                         16.9%        891.2
 2.   DADE                                                6.8%        357.0
 3.   HENDRY                                              5.2%        273.3
 4.   COLLIER                                             5.0%        260.7
 5.   HILLSBOROUGH                                        4.9%        259.2
 
                                     State Total                    5,266.0