|
NORTH CAROLINA 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 5,880,095 3,749,118 2,130,977
1990 6,632,448 4,379,680 2,252,768
Latest(1997) 7,425,183 4,968,594 2,456,589
Per-capita income (1996 dollars)
1995 21,741 23,304 18,612
1996 22,244 23,828 19,055
Change 2.3% 2.2% 2.4%
Earnings per job (1996 dollars)
1995 26,446 27,982 22,520
1996 26,818 28,352 22,849
Change 1.4% 1.3% 1.5%
Poverty rate
1980 14.8 12.7 18.3
1990 13.0 11.1 16.5
Latest(1995-96) 12.4 N/A N/A
Total Number of Jobs
1995 4,370,541 3,141,019 1,229,522
1996 4,463,189 3,219,382 1,243,807
Unemployment Rate
1996 4.3 3.6 6.1
1997 3.6 3.0 5.0
Percent employment change
1994-95 1.4 1.6 1.1
1995-96 4.0 4.6 2.5
1996-97 2.3 2.9 1.1
Percent of 1995 employment in farm and farm related jobs:
Total 19.9 17.1 27.5
Production 2.5 1.5 5.1
Farm Inputs 0.2 0.2 0.5
Proc. & Mark. 6.9 5.1 11.5
Whol.& Retail 9.7 9.7 9.8
FARM CHARACTERISTICS
1992 Census of Agriculture
TOTAL LAND AREA (million acres) 31.2
TOTAL FARMLAND (million acres) 8.9
of total land area 28.7%
CROPLAND (million acres) 5.6
of total farmland 62.4%
irrigated 2.0%
in pasture 15.0%
in Fed. farm program 1.1%
in Conservation Reserve 1.7%
WOODLAND (million acres) 2.6
of total farmland 29.3%
in pasture 19.4%
PASTURELAND (million acres) 0.4
of total farmland 4.2%
OTHER LAND (million acres) 0.4
of total farmland 4.1%
AVERAGE FARM SIZE (acres) 172.0
FARMS BY SIZE
1 to 99 acres 61.2%
100 to 499 acres 31.2%
500 to 999 acres 4.9%
1,000 to 1,999 acres 2.0%
2,000 or more acres 0.7%
FARMS BY SALES
Less than $50,000 75.0%
$50,000 to $99,999 7.0%
$100,000 to $499,999 14.0%
More than $500,000 4.0%
TENURE OF FARMERS
Full owner (farms) 29,242
Percent of total 56.4%
Part owner (farms) 17,572
Percent of total 33.9%
Tenant (farms) 5,040
Percent of total 9.7%
FARM ORGANIZATION
Individuals/family corporations (farms) 46,688
Percent of total 90.0%
Partnerships (farms) 4,750
Percent of total 9.2%
Non-family corporations (farms) 174
Percent of total 0.3%
Others (farms) 242
Percent of total 0.5%
Avg. Operator Age (yrs.) 55
Perc. w/ farming as their 52.8%
principal occupation
FARM FINANCIAL INDICATORS
Farm Income and Balance Sheet Statement
Year 1995 1996
Number of farms 58,000 58,000
Million $
Final crop output 2,991.4 3,468.9
+ Final animal output 3,843.0 4,514.5
+ Services and forestry 1,269.9 1,380.8
= Final agricultural sector output 8,104.3 9,364.2
- Intermediate consumption outlays 3,415.6 3,923.5
+ Net government transactions (75.8) (43.6)
= Gross value added 4,612.8 5,397.0
- Capital consumption 405.0 412.9
= NET VALUE ADDED 4,207.9 4,984.2
- Factor payments 1,527.5 1,610.2
Employee compensation (total hired labor) 365.4 371.2
Net rent received by nonoperator landlords 890.8 964.5
Real estate and nonreal estate interest 271.3 274.4
= NET FARM INCOME 2,680.3 3,374.0
Farm Balance Sheet as of December 31: 1995 1996
FARM ASSETS 20,194.3 20,788.9
Real estate 15,373.7 15,650.2
Nonreal estate 4,820.6 5,138.7
FARM DEBT 3,280.2 3,468.2
Real estate 1,417.6 1,424.0
Nonreal estate 1,862.6 2,044.2
EQUITY 16,914.1 17,320.7
RATIOS Percent
Debt/equity 19.4 20.0
Debt/assets 16.2 16.7
TOP 5 AGRICULTURE COMMODITIES, 1996
% of State Tot. % of US
Commodity Farm Receipts Tot.Val.
1. Hogs 22.3 13.8
2. Broilers 16.7 9.4
3. Tobacco 13.0 36.5
4. Greenhouse and nursery 11.3 8.1
5. Turkeys 7.8 20.0
All Commodities 3.9
TOP 5 AGRICULTURE EXPORTS, ESTIMATES, FY 1997
Rank Among
States Value
Commodity
Million $
1. Tobacco unmfd. 1 598.6
2. Poultry and products 3 327.3
3. Soybeans and products 16 135.2
4. Cotton and linters 7 127.5
5. Live animals and meat exc. poultry 12 117.2
Overall 12 1,515.3
TOP 5 COUNTIES IN AGRICULTURAL SALES 1992
Percent of State's
Total Receipts Million $
1. DUPLIN 9.0% 433.2
2. SAMPSON 7.4% 355.2
3. UNION 5.0% 240.9
4. WAYNE 4.0% 194.0
5. WILKES 3.2% 156.9
State Total 4,834.2
|
