GEORGIA FACT SHEET

ga.gif (6722 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                              5,462,982    3,507,344     1,955,638
     1990                              6,478,149    4,351,133     2,127,016
     Latest(1997)                      7,486,242    5,134,441     2,351,801
 
 Per-capita income (1996 dollars)
     1995                                 22,465       24,604        17,853
     1996                                 23,028       25,263        18,173
 Change                                      2.5%         2.7%          1.8%
 
 Earnings per job (1996 dollars)
     1995                                 28,539       30,813        22,536
     1996                                 29,005       31,269        22,865
 Change                                      1.6%         1.5%          1.5%
 
 Poverty rate
     1980                                   16.6         14.3          20.8
     1990                                   14.9         12.4          19.4
     Latest(1995-96)                        13.5           N/A           N/A
 
 Total Number of Jobs
     1995                              4,215,323    3,057,011     1,158,312
     1996                              4,343,891    3,173,402     1,170,489
 
 Unemployment Rate
     1996                                    4.6          4.1           5.7
     1997                                    4.5          4.1           5.7
 
 Percent employment change
     1994-95                                 2.0          2.1           1.5
     1995-96                                 3.4          4.1           2.0
     1996-97                                 4.5          4.6           4.3
 
 Percent of 1995 employment in farm and farm related jobs:
 
  Total                                     17.6         14.7          25.5
     Production                              1.8          0.7           5.0
     Farm Inputs                             0.3          0.1           0.7
     Proc. & Mark.                           4.3          2.3           9.5
     Whol.& Retail                          10.6         11.0           9.5
 


FARM CHARACTERISTICS


                           1992 Census of Agriculture
 
TOTAL LAND AREA (million acres)                                        37.1
   TOTAL FARMLAND (million acres)                                      10.0
      of total land area                                               27.1%
 
      CROPLAND (million acres)                                          5.5
         of total farmland                                             54.6%
            irrigated                                                  13.2%
            in pasture                                                 21.7%
            in Fed. farm program                                        1.0%
            in Conservation Reserve                                     5.6%
 
      WOODLAND (million acres)                                          3.3
         of total farmland                                             33.2%
            in pasture                                                 22.7%
 
      PASTURELAND (million acres)                                       0.8
         of total farmland                                              8.2%
 
      OTHER LAND (million acres)                                        0.4
         of total farmland                                              4.0%
 
AVERAGE FARM SIZE (acres)                                             246.0
 
FARMS BY SIZE
        1 to 99 acres                                                  51.2%
 
        100 to 499 acres                                               36.5%
 
        500 to 999 acres                                                7.3%
 
        1,000 to 1,999 acres                                            3.5%
 
        2,000 or more acres                                             1.5%
 
FARMS BY SALES
        Less than $50,000                                              76.8%
 
        $50,000 to $99,999                                              5.9%
 
        $100,000 to $499,999                                           13.1%
 
        More than $500,000                                              4.2%
 
TENURE OF FARMERS
     Full owner (farms)                                              27,673
        Percent of total                                               67.9%
 
     Part owner (farms)                                              10,136
        Percent of total                                               24.9%
 
     Tenant (farms)                                                   2,950
        Percent of total                                                7.2%
 
FARM ORGANIZATION
     Individuals/family corporations (farms)                         37,106
        Percent of total                                               91.0%
 
     Partnerships (farms)                                             3,173
        Percent of total                                                7.8%
 
     Non-family corporations (farms)                                    176
        Percent of total                                                0.4%
 
     Others (farms)                                                     304
        Percent of total                                                0.8%
 
Avg. Operator Age (yrs.)                                                 55
Perc. w/ farming as their                                              46.2%
     principal occupation

FARM FINANCIAL INDICATORS


 
Farm Income and Balance Sheet Statement
                    Year                                1995         1996
Number of farms                                        45,000        43,000
 
                                                           Million $
  Final crop output                                   2,354.6       2,462.4
+ Final animal output                                 2,784.5       3,253.3
+ Services and forestry                                 681.8         740.9
= Final agricultural sector output                    5,821.0       6,456.6
 
- Intermediate consumption outlays                    2,870.1       3,235.9
+ Net government transactions                           (40.2)          7.6
= Gross value added                                   2,910.7       3,228.3
 
- Capital consumption                                   340.3         338.4
 
= NET VALUE ADDED                                     2,570.4       2,889.9
 
- Factor payments                                       617.0         656.2
    Employee compensation (total hired labor)           223.6         227.7
    Net rent received by nonoperator landlords          134.2         149.0
    Real estate and nonreal estate interest             259.3         279.5
 
= NET FARM INCOME                                     1,953.4       2,233.7

 
Farm Balance Sheet as of December 31:                    1995          1996
 
FARM ASSETS                                          17,968.5      18,470.0
     Real estate                                     13,412.3      14,123.4
     Nonreal estate                                   4,556.2       4,346.6
 
FARM DEBT                                             3,152.5       3,316.3
     Real estate                                      1,688.4       1,756.9
     Nonreal estate                                   1,464.2       1,559.5
 
       EQUITY                                        14,816.0      15,153.6
 
 RATIOS                                                          Percent
     Debt/equity                                         21.3          21.9
     Debt/assets                                         17.5          18.0

 
 TOP 5 AGRICULTURE COMMODITIES, 1996
 
                                              % of State Tot.      % of US
Commodity                                     Farm Receipts        Tot.Val.
 
 1.   Broilers                                           38.7          15.8
 2.   Cotton                                             13.7          10.4
 3.   Peanuts                                             6.8          40.0
 4.   Chicken eggs                                        6.1           7.3
 5.   Greenhouse and nursery                              4.8           2.5
 
                                     All Commodities                    2.8
 
 
 TOP 5 AGRICULTURE EXPORTS, ESTIMATES, FY 1997
                                                     Rank Among
                                                       States       Value
  Commodity
                                                                   Million $
 1.   Poultry and products                                  2         387.0
 2.   Cotton and linters                                    3         264.6
 3.   Other                                                 9         145.1
 4.   Tobacco unmfd.                                        4         116.7
 5.   Peanuts and products                                  1         107.4
 
                                     Overall               14       1,272.6
 
 
 TOP 5 COUNTIES IN AGRICULTURAL SALES 1992
 
                                              Percent of State's
                                              Total Receipts       Million $
 
 1.   HALL                                                3.5%        124.1
 2.   COFFEE                                              2.7%         93.4
 3.   HABERSHAM                                           2.6%         91.8
 4.   JACKSON                                             2.5%         88.4
 5.   MITCHELL                                            2.4%         84.0
 
                                     State Total                    3,521.2