|
INDIANA FACT SHEET
 |
|
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 5,490,214 3,884,724 1,605,490
1990 5,544,156 3,962,443 1,581,713
Latest(1997) 5,864,108 4,205,310 1,658,798
Per-capita income (1996 dollars)
1995 22,235 23,359 19,391
1996 22,633 23,745 19,817
Change 1.8% 1.7% 2.2%
Earnings per job (1996 dollars)
1995 27,335 28,747 23,188
1996 27,620 28,957 23,658
Change 1.0% 0.7% 2.0%
Poverty rate
1980 9.7 9.5 10.1
1990 10.7 10.7 10.6
Latest(1995-96) 8.6 N/A N/A
Total Number of Jobs
1995 3,401,082 2,537,519 863,563
1996 3,436,732 2,569,454 867,278
Unemployment Rate
1996 4.1 3.9 4.8
1997 3.5 3.3 4.2
Percent employment change
1994-95 3.0 3.0 3.2
1995-96 -1.5 -1.1 -2.6
1996-97 1.5 1.9 0.4
Percent of 1995 employment in farm and farm related jobs:
Total 15.1 13.6 19.3
Production 2.5 1.4 5.9
Farm Inputs 0.4 0.2 0.8
Proc. & Mark. 1.4 1.2 2.3
Whol.& Retail 10.2 10.4 9.5
FARM CHARACTERISTICS
1992 Census of Agriculture
TOTAL LAND AREA (million acres) 23.0
TOTAL FARMLAND (million acres) 15.6
of total land area 68.0%
CROPLAND (million acres) 13.4
of total farmland 85.6%
irrigated 1.8%
in pasture 5.3%
in Fed. farm program 1.9%
in Conservation Reserve 1.6%
WOODLAND (million acres) 1.3
of total farmland 8.4%
in pasture 25.2%
PASTURELAND (million acres) 0.4
of total farmland 2.4%
OTHER LAND (million acres) 0.6
of total farmland 3.6%
AVERAGE FARM SIZE (acres) 249.0
FARMS BY SIZE
1 to 99 acres 48.7%
100 to 499 acres 36.6%
500 to 999 acres 9.6%
1,000 to 1,999 acres 4.3%
2,000 or more acres 0.8%
FARMS BY SALES
Less than $50,000 70.1%
$50,000 to $99,999 10.7%
$100,000 to $499,999 17.1%
More than $500,000 2.1%
TENURE OF FARMERS
Full owner (farms) 35,868
Percent of total 57.1%
Part owner (farms) 20,504
Percent of total 32.7%
Tenant (farms) 6,406
Percent of total 10.2%
FARM ORGANIZATION
Individuals/family corporations (farms) 55,530
Percent of total 88.5%
Partnerships (farms) 6,721
Percent of total 10.7%
Non-family corporations (farms) 197
Percent of total 0.3%
Others (farms) 330
Percent of total 0.5%
Avg. Operator Age (yrs.) 52
Perc. w/ farming as their 50.3%
principal occupation
FARM FINANCIAL INDICATORS
Farm Income and Balance Sheet Statement
Year 1995 1996
Number of farms 62,000 61,000
Million $
Final crop output 3,075.9 3,780.1
+ Final animal output 1,711.7 1,895.7
+ Services and forestry 447.8 457.5
= Final agricultural sector output 5,235.4 6,133.3
- Intermediate consumption outlays 2,834.3 2,922.7
+ Net government transactions (2.8) (34.3)
= Gross value added 2,398.4 3,176.3
- Capital consumption 672.3 667.9
= NET VALUE ADDED 1,726.1 2,508.4
- Factor payments 1,168.5 1,267.5
Employee compensation (total hired labor) 216.0 210.3
Net rent received by nonoperator landlords 552.8 638.6
Real estate and nonreal estate interest 399.8 418.5
= NET FARM INCOME 557.6 1,241.0
Farm Balance Sheet as of December 31: 1995 1996
FARM ASSETS 31,952.6 34,447.4
Real estate 24,791.4 27,117.7
Nonreal estate 7,161.3 7,329.7
FARM DEBT 4,756.2 4,938.8
Real estate 3,039.9 3,082.7
Nonreal estate 1,716.3 1,856.0
EQUITY 27,196.4 29,508.6
RATIOS Percent
Debt/equity 17.5 16.7
Debt/assets 14.9 14.3
TOP 5 AGRICULTURE COMMODITIES, 1996
% of State Tot. % of US
Commodity Farm Receipts Tot.Val.
1. Corn 32.1 8.2
2. Soybean 26.1 8.9
3. Hogs 14.9 6.5
4. Chicken eggs 5.7 6.7
5. Dairy products 5.6 1.3
All Commodities 2.7
TOP 5 AGRICULTURE EXPORTS, ESTIMATES, FY 1997
Rank Among
States Value
Commodity
Million $
1. Soybeans and products 4 791.1
2. Feed grains and products 6 587.2
3. Other 11 119.3
4. Wheat and products 18 99.1
5. Live animals and meat exc. poultry 19 60.6
Overall 10 1,852.7
TOP 5 COUNTIES IN AGRICULTURAL SALES 1992
Percent of State's
Total Receipts Million $
1. DUBOIS 3.0% 138.4
2. KOSCIUSKO 2.7% 125.5
3. DAVIESS 2.3% 106.1
4. WHITE 2.3% 104.6
5. CARROLL 2.2% 103.3
State Total 4,633.1
|
