OKLAHOMA FACT SHEET

ok.gif (7038 bytes) 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                              3,025,487    1,724,167     1,301,320
     1990                              3,145,576    1,869,842     1,275,734
     Latest(1997)                      3,317,091    2,002,438     1,314,653
 
 Per-capita income (1996 dollars)
     1995                                 19,196       21,132        16,276
     1996                                 19,574       21,548        16,583
 Change                                      2.0%         2.0%          1.9%
 
 Earnings per job (1996 dollars)
     1995                                 23,529       26,014        18,840
     1996                                 23,497       25,947        18,831
 Change                                     -0.1%        -0.3%         -0.0%
 
 Poverty rate
     1980                                   13.4         10.8          17.0
     1990                                   16.7         13.9          20.8
     Latest(1995-96)                        16.9           N/A           N/A
 
 Total Number of Jobs
     1995                              1,795,718    1,173,592       622,126
     1996                              1,842,612    1,208,225       634,387
 
 Unemployment Rate
     1996                                    4.1          3.4           5.1
     1997                                    4.1          3.5           5.2
 
 Percent employment change
     1994-95                                 1.4          1.8           0.7
     1995-96                                 2.6          3.3           1.3
     1996-97                                 1.4          1.8           0.7
 
 Percent of 1995 employment in farm and farm related jobs:
 
  Total                                     17.1         13.2          24.7
     Production                              5.1          1.8          11.5
     Farm Inputs                             0.3          0.2           0.7
     Proc. & Mark.                           1.5          0.9           2.8
     Whol.& Retail                          10.0         10.3           9.5
 


FARM CHARACTERISTICS


                           1992 Census of Agriculture
 
TOTAL LAND AREA (million acres)                                        44.0
   TOTAL FARMLAND (million acres)                                      32.1
      of total land area                                               73.1%
 
      CROPLAND (million acres)                                         14.5
         of total farmland                                             45.2%
            irrigated                                                   3.5%
            in pasture                                                 30.7%
            in Fed. farm program                                        1.6%
            in Conservation Reserve                                     5.7%
 
      WOODLAND (million acres)                                          1.9
         of total farmland                                              6.0%
            in pasture                                                 71.9%
 
      PASTURELAND (million acres)                                      15.1
         of total farmland                                             46.9%
 
      OTHER LAND (million acres)                                        0.6
         of total farmland                                              1.9%
 
AVERAGE FARM SIZE (acres)                                             480.0
 
FARMS BY SIZE
        1 to 99 acres                                                  32.4%
 
        100 to 499 acres                                               43.5%
 
        500 to 999 acres                                               12.3%
 
        1,000 to 1,999 acres                                            7.7%
 
        2,000 or more acres                                             4.2%
 
FARMS BY SALES
        Less than $50,000                                              84.2%
 
        $50,000 to $99,999                                              6.9%
 
        $100,000 to $499,999                                            7.9%
 
        More than $500,000                                              1.1%
 
TENURE OF FARMERS
     Full owner (farms)                                              35,802
        Percent of total                                               53.5%
 
     Part owner (farms)                                              24,039
        Percent of total                                               35.9%
 
     Tenant (farms)                                                   7,096
        Percent of total                                               10.6%
 
FARM ORGANIZATION
     Individuals/family corporations (farms)                         61,389
        Percent of total                                               91.7%
 
     Partnerships (farms)                                             4,985
        Percent of total                                                7.5%
 
     Non-family corporations (farms)                                    111
        Percent of total                                                0.2%
 
     Others (farms)                                                     452
        Percent of total                                                0.7%
 
Avg. Operator Age (yrs.)                                                 55
Perc. w/ farming as their                                              49.7%
     principal occupation

FARM FINANCIAL INDICATORS


 
Farm Income and Balance Sheet Statement
                    Year                                1995         1996
Number of farms                                        71,000        72,000
 
                                                           Million $
  Final crop output                                   1,035.8       1,179.9
+ Final animal output                                 2,566.2       2,438.4
+ Services and forestry                                 427.1         443.0
= Final agricultural sector output                    4,029.0       4,061.3
 
- Intermediate consumption outlays                    2,605.5       2,610.6
+ Net government transactions                            48.0         113.7
= Gross value added                                   1,471.6       1,564.4
 
- Capital consumption                                   418.4         420.3
 
= NET VALUE ADDED                                     1,053.2       1,144.2
 
- Factor payments                                       565.3         592.8
    Employee compensation (total hired labor)           154.6         146.4
    Net rent received by nonoperator landlords           76.1         110.9
    Real estate and nonreal estate interest             334.6         335.4
 
= NET FARM INCOME                                       487.9         551.4

 
Farm Balance Sheet as of December 31:                    1995          1996
 
FARM ASSETS                                          21,613.0      22,670.4
     Real estate                                     15,820.6      16,485.9
     Nonreal estate                                   5,792.3       6,184.6
 
FARM DEBT                                             3,851.9       3,992.7
     Real estate                                      1,755.3       1,882.2
     Nonreal estate                                   2,096.6       2,110.5
 
       EQUITY                                        17,761.1      18,677.8
 
 RATIOS                                                          Percent
     Debt/equity                                         21.7          21.4
     Debt/assets                                         17.8          17.6

 
 TOP 5 AGRICULTURE COMMODITIES, 1996
 
                                              % of State Tot.      % of US
Commodity                                     Farm Receipts        Tot.Val.
 
 1.   Cattle and calves                                  40.5           4.6
 2.   Wheat                                              11.1           3.9
 3.   Broilers                                            9.2           2.3
 4.   Hogs                                                8.9           2.5
 5.   Greenhouse and nursery                              7.3           2.4
 
                                     All Commodities                    1.8
 
 
 TOP 5 AGRICULTURE EXPORTS, ESTIMATES, FY 1997
                                                     Rank Among
                                                       States       Value
  Commodity
                                                                   Million $
 1.   Wheat and products                                   10         162.8
 2.   Poultry and products                                 15          55.6
 3.   Feed grains and products                             18          45.9
 4.   Soybeans and products                                26          28.8
 5.   Live animals and meat exc. poultry                   30          18.8
 
                                     Overall               31         384.7
 
 
 TOP 5 COUNTIES IN AGRICULTURAL SALES 1992
 
                                              Percent of State's
                                              Total Receipts       Million $
 
 1.   TEXAS                                              14.2%        504.3
 2.   CIMARRON                                            5.0%        177.4
 3.   ALFALFA                                             2.6%         92.2
 4.   MCCURTAIN                                           2.6%         91.5
 5.   CADDO                                               2.5%         88.8
 
                                     State Total                    3,562.6