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NEVADA 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 800,508 665,758 134,750
1990 1,201,675 1,013,816 187,859
Latest(1997) 1,676,809 1,439,007 237,802
Per-capita income (1996 dollars)
1995 25,402 25,766 23,261
1996 26,059 26,438 23,809
Change 2.6% 2.6% 2.4%
Earnings per job (1996 dollars)
1995 29,532 29,943 27,003
1996 29,918 30,296 27,530
Change 1.3% 1.2% 2.0%
Poverty rate
1980 8.7 8.5 9.7
1990 10.2 10.2 9.7
Latest(1995-96) 9.6 N/A N/A
Total Number of Jobs
1995 967,753 832,171 135,582
1996 1,029,466 888,883 140,583
Unemployment Rate
1996 5.4 5.2 6.9
1997 4.1 3.9 5.4
Percent employment change
1994-95 4.0 4.1 3.2
1995-96 4.5 4.9 1.7
1996-97 6.5 6.9 3.8
Percent of 1995 employment in farm and farm related jobs:
Total 10.6 10.2 12.9
Production 0.7 0.3 2.9
Farm Inputs 0.1 0.3
Proc. & Mark. 0.4 0.4 0.2
Whol.& Retail 9.4 9.4 9.4
FARM CHARACTERISTICS
1992 Census of Agriculture
TOTAL LAND AREA (million acres) 70.3
TOTAL FARMLAND (million acres) 9.3
of total land area 13.2%
CROPLAND (million acres) 0.8
of total farmland 9.1%
irrigated 66.2%
in pasture 31.4%
in Fed. farm program 0.1%
in Conservation Reserve 0.8%
WOODLAND (million acres) 0.0
of total farmland 0.2%
in pasture 72.3%
PASTURELAND (million acres) 8.1
of total farmland 87.5%
OTHER LAND (million acres) 0.3
of total farmland 3.2%
AVERAGE FARM SIZE (acres) 3205.0
FARMS BY SIZE
1 to 99 acres 49.1%
100 to 499 acres 25.4%
500 to 999 acres 8.2%
1,000 to 1,999 acres 6.1%
2,000 or more acres 11.1%
FARMS BY SALES
Less than $50,000 74.2%
$50,000 to $99,999 9.1%
$100,000 to $499,999 12.7%
More than $500,000 4.0%
TENURE OF FARMERS
Full owner (farms) 2,110
Percent of total 73.0%
Part owner (farms) 509
Percent of total 17.6%
Tenant (farms) 271
Percent of total 9.4%
FARM ORGANIZATION
Individuals/family corporations (farms) 2,462
Percent of total 85.2%
Partnerships (farms) 323
Percent of total 11.2%
Non-family corporations (farms) 28
Percent of total 1.0%
Others (farms) 77
Percent of total 2.7%
Avg. Operator Age (yrs.) 54
Perc. w/ farming as their 57.3%
principal occupation
FARM FINANCIAL INDICATORS
Farm Income and Balance Sheet Statement
Year 1995 1996
Number of farms 2,500 2,500
Million $
Final crop output 123.2 138.1
+ Final animal output 163.6 164.8
+ Services and forestry 51.2 56.8
= Final agricultural sector output 338.0 359.7
- Intermediate consumption outlays 177.1 186.9
+ Net government transactions (9.4) (11.5)
= Gross value added 151.5 161.3
- Capital consumption 42.7 44.2
= NET VALUE ADDED 108.8 117.0
- Factor payments 61.2 60.9
Employee compensation (total hired labor) 40.5 39.9
Net rent received by nonoperator landlords 1.5 1.5
Real estate and nonreal estate interest 19.2 19.5
= NET FARM INCOME 47.6 56.1
Farm Balance Sheet as of December 31: 1995 1996
FARM ASSETS 3,012.2 3,181.2
Real estate 2,479.4 2,613.9
Nonreal estate 532.7 567.4
FARM DEBT 236.3 229.6
Real estate 152.1 148.6
Nonreal estate 84.1 81.0
EQUITY 2,775.9 2,951.6
RATIOS Percent
Debt/equity 8.5 7.8
Debt/assets 7.8 7.2
TOP 5 AGRICULTURE COMMODITIES, 1996
% of State Tot. % of US
Commodity Farm Receipts Tot.Val.
1. Cattle and calves 28.3 0.2
2. Hay 23.4 1.8
3. Dairy products 21.7 0.2
4. Potatoes 7.1 0.7
5. Onions 5.5 2.2
All Commodities 0.1
TOP 5 AGRICULTURE EXPORTS, ESTIMATES, FY 1997
Rank Among
States Value
Commodity
Million $
1. Wheat and products 33 3.3
2. Seeds 29 1.8
3. Live animals and meat exc. poultry 39 0.7
4.
5.
Overall 47 5.9
TOP 5 COUNTIES IN AGRICULTURAL SALES 1992
Percent of State's
Total Receipts Million $
1. ELKO 17.7% 50.9
2. HUMBOLDT 15.9% 45.8
3. LYON 12.6% 36.2
4. CHURCHILL 10.7% 30.9
5. PERSHING 8.8% 25.2
State Total 288.1
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