|
MASSACHUSETTS 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 5,737,093 5,658,747 78,346
1990 6,016,425 5,928,682 87,743
Latest(1997) 6,117,520 6,025,093 92,427
Per-capita income (1996 dollars)
1995 29,076 29,148 24,347
1996 29,808 29,885 24,777
Change 2.5% 2.5% 1.8%
Earnings per job (1996 dollars)
1995 33,666 33,816 23,090
1996 34,172 34,324 23,449
Change 1.5% 1.5% 1.6%
Poverty rate
1980 9.6 9.6 10.4
1990 8.9 8.9 9.0
Latest(1995-96) 10.6 N/A N/A
Total Number of Jobs
1995 3,752,283 3,700,014 52,269
1996 3,817,515 3,764,426 53,089
Unemployment Rate
1996 4.3 4.3 3.8
1997 4.0 4.0 3.9
Percent employment change
1994-95 1.0 1.0 2.3
1995-96 1.1 1.1 0.3
1996-97 3.0 3.0 2.5
Percent of 1995 employment in farm and farm related jobs:
Total 12.5 12.5 15.2
Production 0.5 0.5 2.7
Farm Inputs 0.1
Proc. & Mark. 1.3 1.4 1.1
Whol.& Retail 10.2 10.1 10.7
FARM CHARACTERISTICS
1992 Census of Agriculture
TOTAL LAND AREA (million acres) 5.0
TOTAL FARMLAND (million acres) 0.5
of total land area 10.5%
CROPLAND (million acres) 0.2
of total farmland 44.7%
irrigated 8.5%
in pasture 19.2%
in Fed. farm program 0.1%
in Conservation Reserve 0.6%
WOODLAND (million acres) 0.2
of total farmland 38.4%
in pasture 13.0%
PASTURELAND (million acres) 0.0
of total farmland 4.7%
OTHER LAND (million acres) 0.1
of total farmland 12.2%
AVERAGE FARM SIZE (acres) 100.0
FARMS BY SIZE
1 to 99 acres 70.8%
100 to 499 acres 26.3%
500 to 999 acres 2.3%
1,000 to 1,999 acres 0.6%
2,000 or more acres 0.1%
FARMS BY SALES
Less than $50,000 77.1%
$50,000 to $99,999 8.8%
$100,000 to $499,999 11.9%
More than $500,000 2.2%
TENURE OF FARMERS
Full owner (farms) 3,488
Percent of total 66.3%
Part owner (farms) 1,331
Percent of total 25.3%
Tenant (farms) 439
Percent of total 8.4%
FARM ORGANIZATION
Individuals/family corporations (farms) 4,720
Percent of total 89.8%
Partnerships (farms) 401
Percent of total 7.6%
Non-family corporations (farms) 61
Percent of total 1.2%
Others (farms) 76
Percent of total 1.5%
Avg. Operator Age (yrs.) 54
Perc. w/ farming as their 55.7%
principal occupation
FARM FINANCIAL INDICATORS
Farm Income and Balance Sheet Statement
Year 1995 1996
Number of farms 6,000 6,100
Million $
Final crop output 336.5 359.4
+ Final animal output 99.5 107.2
+ Services and forestry 61.2 60.7
= Final agricultural sector output 497.2 527.3
- Intermediate consumption outlays 192.9 189.9
+ Net government transactions (22.7) (23.9)
= Gross value added 281.6 313.4
- Capital consumption 56.2 57.3
= NET VALUE ADDED 225.4 256.1
- Factor payments 108.7 114.2
Employee compensation (total hired labor) 89.2 93.4
Net rent received by nonoperator landlords (1.2) (1.0)
Real estate and nonreal estate interest 20.7 21.9
= NET FARM INCOME 116.7 141.9
Farm Balance Sheet as of December 31: 1995 1996
FARM ASSETS 3,160.3 3,453.6
Real estate 2,682.9 2,972.0
Nonreal estate 477.4 481.6
FARM DEBT 238.8 258.4
Real estate 111.8 120.8
Nonreal estate 127.1 137.5
EQUITY 2,921.5 3,195.3
RATIOS Percent
Debt/equity 8.2 8.1
Debt/assets 7.6 7.5
TOP 5 AGRICULTURE COMMODITIES, 1996
% of State Tot. % of US
Commodity Farm Receipts Tot.Val.
1. Greenhouse and nursery 30.7 1.3
2. Cranberries 20.5 39.9
3. Dairy products 14.6 0.3
4. Apples 2.9 0.7
5. Corn, sweet 2.8 2.1
All Commodities 0.2
TOP 5 AGRICULTURE EXPORTS, ESTIMATES, FY 1997
Rank Among
States Value
Commodity
Million $
1. Tobacco unmfd. 8 25.2
2. Dairy products 19 10.5
3. Fruits and prep. 17 7.6
4. Other 34 3.4
5. Vegetables and preps. 31 1.0
Overall 42 48.1
TOP 5 COUNTIES IN AGRICULTURAL SALES 1992
Percent of State's
Total Receipts Million $
1. PLYMOUTH 27.3% 95.8
2. WORCESTER 14.2% 49.6
3. MIDDLESEX 12.8% 44.9
4. FRANKLIN 8.6% 30.0
5. BRISTOL 8.5% 29.6
State Total 350.6
|