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LOUISIANA 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 4,206,116 3,124,560 1,081,556
1990 4,220,164 3,159,629 1,060,535
Latest(1997) 4,351,769 3,272,335 1,079,434
Per-capita income (1996 dollars)
1995 19,453 20,727 15,602
1996 19,709 20,984 15,853
Change 1.3% 1.2% 1.6%
Earnings per job (1996 dollars)
1995 25,931 26,870 22,120
1996 25,920 26,803 22,305
Change -0.0% -0.2% 0.8%
Poverty rate
1980 18.6 16.8 24.1
1990 23.6 21.8 29.1
Latest(1995-96) 20.1 N/A N/A
Total Number of Jobs
1995 2,205,969 1,769,835 436,134
1996 2,246,970 1,805,685 441,285
Unemployment Rate
1996 6.7 6.3 8.4
1997 6.1 5.6 8.0
Percent employment change
1994-95 2.2 2.3 1.7
1995-96 2.5 2.9 1.3
1996-97 1.8 2.0 0.9
Percent of 1995 employment in farm and farm related jobs:
Total 15.3 14.1 21.0
Production 2.3 1.1 7.2
Farm Inputs 0.4 0.3 0.9
Proc. & Mark. 1.7 1.3 3.6
Whol.& Retail 10.5 11.0 8.5
FARM CHARACTERISTICS
1992 Census of Agriculture
TOTAL LAND AREA (million acres) 27.9
TOTAL FARMLAND (million acres) 7.8
of total land area 28.1%
CROPLAND (million acres) 5.6
of total farmland 70.9%
irrigated 16.2%
in pasture 15.8%
in Fed. farm program 1.2%
in Conservation Reserve 1.4%
WOODLAND (million acres) 1.0
of total farmland 12.6%
in pasture 39.5%
PASTURELAND (million acres) 1.0
of total farmland 12.7%
OTHER LAND (million acres) 0.3
of total farmland 3.9%
AVERAGE FARM SIZE (acres) 306.0
FARMS BY SIZE
1 to 99 acres 50.9%
100 to 499 acres 32.0%
500 to 999 acres 9.6%
1,000 to 1,999 acres 5.2%
2,000 or more acres 2.2%
FARMS BY SALES
Less than $50,000 77.3%
$50,000 to $99,999 6.5%
$100,000 to $499,999 13.8%
More than $500,000 2.4%
TENURE OF FARMERS
Full owner (farms) 13,751
Percent of total 53.6%
Part owner (farms) 8,018
Percent of total 31.3%
Tenant (farms) 3,883
Percent of total 15.1%
FARM ORGANIZATION
Individuals/family corporations (farms) 23,282
Percent of total 90.8%
Partnerships (farms) 2,032
Percent of total 7.9%
Non-family corporations (farms) 133
Percent of total 0.5%
Others (farms) 205
Percent of total 0.8%
Avg. Operator Age (yrs.) 54
Perc. w/ farming as their 50.4%
principal occupation
FARM FINANCIAL INDICATORS
Farm Income and Balance Sheet Statement
Year 1995 1996
Number of farms 27,000 27,000
Million $
Final crop output 1,355.1 1,667.2
+ Final animal output 664.9 678.2
+ Services and forestry 204.8 206.6
= Final agricultural sector output 2,224.8 2,552.0
- Intermediate consumption outlays 1,173.3 1,294.3
+ Net government transactions 125.9 144.2
= Gross value added 1,177.4 1,401.9
- Capital consumption 202.0 203.2
= NET VALUE ADDED 975.4 1,198.7
- Factor payments 454.8 497.7
Employee compensation (total hired labor) 130.4 148.8
Net rent received by nonoperator landlords 195.8 209.4
Real estate and nonreal estate interest 128.6 139.5
= NET FARM INCOME 520.6 700.9
Farm Balance Sheet as of December 31: 1995 1996
FARM ASSETS 9,312.7 8,361.0
Real estate 9,037.7 9,235.4
Nonreal estate 275.0 (874.4)
FARM DEBT 1,611.2 1,461.2
Real estate 785.8 782.2
Nonreal estate 825.4 679.0
EQUITY 7,701.5 6,899.8
RATIOS Percent
Debt/equity 20.9 21.2
Debt/assets 17.3 17.5
TOP 5 AGRICULTURE COMMODITIES, 1996
% of State Tot. % of US
Commodity Farm Receipts Tot.Val.
1. Cotton 22.2 6.9
2. Cane for sugar 11.5 31.3
3. Soybean 10.6 1.5
4. Rice 10.5 15.6
5. Corn 7.4 0.8
All Commodities 1.2
TOP 5 AGRICULTURE EXPORTS, ESTIMATES, FY 1997
Rank Among
States Value
Commodity
Million $
1. Other 6 216.7
2. Cotton and linters 6 163.7
3. Rice 3 151.5
4. Soybeans and products 15 138.4
5. Wheat and products 27 19.8
Overall 25 704.4
TOP 5 COUNTIES IN AGRICULTURAL SALES 1992
Percent of State's
Total Receipts Million $
1. MOREHOUSE 4.5% 72.6
2. FRANKLIN 4.1% 65.4
3. TANGIPAHOA 3.8% 61.6
4. UNION 3.7% 59.7
5. RICHLAND 3.6% 58.3
State Total 1,607.5
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