SOUTH CAROLINA FACT SHEET

sc.gif (7220 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                              3,120,729    2,114,430     1,006,299
     1990                              3,486,310    2,421,869     1,064,441
     Latest(1997)                      3,760,181    2,622,911     1,137,270
 
 Per-capita income (1996 dollars)
     1995                                 19,529       20,442        17,436
     1996                                 19,898       20,806        17,816
 Change                                      1.9%         1.8%          2.2%
 
 Earnings per job (1996 dollars)
     1995                                 24,802       25,441        22,912
     1996                                 24,887       25,437        23,243
 Change                                      0.3%        -0.0%          1.4%
 
 Poverty rate
     1980                                   16.6         14.7          20.5
     1990                                   15.4         13.4          19.8
     Latest(1995-96)                        16.5           N/A           N/A
 
 Total Number of Jobs
     1995                              2,045,178    1,528,210       516,968
     1996                              2,081,346    1,559,477       521,869
 
 Unemployment Rate
     1996                                    6.0          5.0           8.6
     1997                                    4.5          3.7           6.6
 
 Percent employment change
     1994-95                                 3.3          3.3           3.1
     1995-96                                -1.3         -1.1          -1.8
     1996-97                                 4.9          5.2           4.3
 
 Percent of 1995 employment in farm and farm related jobs:
 
  Total                                     19.1         16.9          25.7
     Production                              1.8          1.2           3.6
     Farm Inputs                             0.2          0.1           0.3
     Proc. & Mark.                           5.6          4.0          10.4
     Whol.& Retail                          10.8         10.9          10.4
 


FARM CHARACTERISTICS


                           1992 Census of Agriculture
 
TOTAL LAND AREA (million acres)                                        19.3
   TOTAL FARMLAND (million acres)                                       4.5
      of total land area                                               23.2%
 
      CROPLAND (million acres)                                          2.6
         of total farmland                                             57.9%
            irrigated                                                   2.9%
            in pasture                                                 19.8%
            in Fed. farm program                                        1.4%
            in Conservation Reserve                                     4.8%
 
      WOODLAND (million acres)                                          1.4
         of total farmland                                             32.0%
            in pasture                                                 24.5%
 
      PASTURELAND (million acres)                                       0.3
         of total farmland                                              6.3%
 
      OTHER LAND (million acres)                                        0.2
         of total farmland                                              3.9%
 
AVERAGE FARM SIZE (acres)                                             221.0
 
FARMS BY SIZE
        1 to 99 acres                                                  54.4%
 
        100 to 499 acres                                               35.0%
 
        500 to 999 acres                                                6.2%
 
        1,000 to 1,999 acres                                            3.2%
 
        2,000 or more acres                                             1.2%
 
FARMS BY SALES
        Less than $50,000                                              85.4%
 
        $50,000 to $99,999                                              4.6%
 
        $100,000 to $499,999                                            7.7%
 
        More than $500,000                                              2.3%
 
TENURE OF FARMERS
     Full owner (farms)                                              12,340
        Percent of total                                               61.0%
 
     Part owner (farms)                                               6,407
        Percent of total                                               31.7%
 
     Tenant (farms)                                                   1,495
        Percent of total                                                7.4%
 
FARM ORGANIZATION
     Individuals/family corporations (farms)                         18,405
        Percent of total                                               90.9%
 
     Partnerships (farms)                                             1,621
        Percent of total                                                8.0%
 
     Non-family corporations (farms)                                     75
        Percent of total                                                0.4%
 
     Others (farms)                                                     141
        Percent of total                                                0.7%
 
Avg. Operator Age (yrs.)                                                 56
Perc. w/ farming as their                                              43.8%
     principal occupation

FARM FINANCIAL INDICATORS


 
Farm Income and Balance Sheet Statement
                    Year                                1995         1996
Number of farms                                        22,000        21,500
 
                                                           Million $
  Final crop output                                     781.7         888.8
+ Final animal output                                   627.6         737.6
+ Services and forestry                                 167.6         181.2
= Final agricultural sector output                    1,576.9       1,807.6
 
- Intermediate consumption outlays                      835.1         933.0
+ Net government transactions                             5.0          14.6
= Gross value added                                     746.8         889.2
 
- Capital consumption                                   155.4         154.0
 
= NET VALUE ADDED                                       591.4         735.2
 
- Factor payments                                       225.0         242.4
    Employee compensation (total hired labor)            98.9         100.8
    Net rent received by nonoperator landlords           55.8          65.7
    Real estate and nonreal estate interest              70.3          75.9
 
= NET FARM INCOME                                       366.4         492.7

 
Farm Balance Sheet as of December 31:                    1995          1996
 
FARM ASSETS                                           7,549.4       7,684.6
     Real estate                                      5,710.2       5,865.3
     Nonreal estate                                   1,839.2       1,819.3
 
FARM DEBT                                               844.2         862.0
     Real estate                                        377.1         373.0
     Nonreal estate                                     467.1         489.0
 
       EQUITY                                         6,705.2       6,822.6
 
 RATIOS                                                          Percent
     Debt/equity                                         12.6          12.6
     Debt/assets                                         11.2          11.2

 
 TOP 5 AGRICULTURE COMMODITIES, 1996
 
                                              % of State Tot.      % of US
Commodity                                     Farm Receipts        Tot.Val.
 
 1.   Broilers                                           19.1           2.2
 2.   Tobacco                                            13.4           7.6
 3.   Greenhouse and nursery                             10.4           1.5
 4.   Cotton                                              9.8           2.1
 5.   Turkeys                                             6.7           3.5
 
                                     All Commodities                    0.8
 
 
 TOP 5 AGRICULTURE EXPORTS, ESTIMATES, FY 1997
                                                     Rank Among
                                                       States       Value
  Commodity
                                                                   Million $
 1.   Tobacco unmfd.                                        3         120.5
 2.   Cotton and linters                                   12          57.9
 3.   Poultry and products                                 16          53.9
 4.   Soybeans and products                                21          52.4
 5.   Wheat and products                                   24          43.5
 
                                     Overall               33         353.6
 
 
 TOP 5 COUNTIES IN AGRICULTURAL SALES 1992
 
                                              Percent of State's
                                              Total Receipts       Million $
 
 1.   LEXINGTON                                           6.1%         64.8
 2.   HORRY                                               6.0%         63.7
 3.   ORANGEBURG                                          6.0%         63.4
 4.   CHESTERFIELD                                        5.7%         60.5
 5.   SUMTER                                              4.9%         51.7
 
                                     State Total                    1,066.1