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SOUTH DAKOTA 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 690,768 193,738 497,030
1990 696,004 220,579 475,425
Latest(1997) 737,973 247,860 490,113
Per-capita income (1996 dollars)
1995 19,487 22,899 17,793
1996 20,749 23,665 19,289
Change 6.5% 3.3% 8.4%
Earnings per job (1996 dollars)
1995 20,869 24,084 18,917
1996 22,206 24,481 20,812
Change 6.4% 1.6% 10.0%
Poverty rate
1980 16.9 10.2 19.6
1990 15.9 9.7 18.7
Latest(1995-96) 13.2 N/A N/A
Total Number of Jobs
1995 480,819 181,658 299,161
1996 488,156 185,476 302,680
Unemployment Rate
1996 3.2 2.5 3.6
1997 3.1 2.3 3.5
Percent employment change
1994-95 2.4 2.8 2.2
1995-96 2.4 4.1 1.4
1996-97 -0.2 2.1 -1.5
Percent of 1995 employment in farm and farm related jobs:
Total 22.8 16.9 26.5
Production 8.7 2.0 12.8
Farm Inputs 1.0 0.5 1.4
Proc. & Mark. 2.9 2.7 3.0
Whol.& Retail 10.0 11.3 9.2
FARM CHARACTERISTICS
1992 Census of Agriculture
TOTAL LAND AREA (million acres) 48.6
TOTAL FARMLAND (million acres) 44.8
of total land area 92.3%
CROPLAND (million acres) 19.6
of total farmland 43.7%
irrigated 1.9%
in pasture 12.7%
in Fed. farm program 1.6%
in Conservation Reserve 6.6%
WOODLAND (million acres) 0.3
of total farmland 0.6%
in pasture 65.0%
PASTURELAND (million acres) 23.9
of total farmland 53.4%
OTHER LAND (million acres) 1.0
of total farmland 2.3%
AVERAGE FARM SIZE (acres) 1316.0
FARMS BY SIZE
1 to 99 acres 17.4%
100 to 499 acres 30.7%
500 to 999 acres 20.3%
1,000 to 1,999 acres 16.4%
2,000 or more acres 15.2%
FARMS BY SALES
Less than $50,000 54.4%
$50,000 to $99,999 20.1%
$100,000 to $499,999 23.6%
More than $500,000 2.0%
TENURE OF FARMERS
Full owner (farms) 13,669
Percent of total 40.1%
Part owner (farms) 15,332
Percent of total 45.0%
Tenant (farms) 5,056
Percent of total 14.9%
FARM ORGANIZATION
Individuals/family corporations (farms) 30,538
Percent of total 89.7%
Partnerships (farms) 3,179
Percent of total 9.3%
Non-family corporations (farms) 91
Percent of total 0.3%
Others (farms) 249
Percent of total 0.7%
Avg. Operator Age (yrs.) 51
Perc. w/ farming as their 76.8%
principal occupation
FARM FINANCIAL INDICATORS
Farm Income and Balance Sheet Statement
Year 1995 1996
Number of farms 33,000 32,500
Million $
Final crop output 1,477.8 2,428.4
+ Final animal output 1,660.8 1,588.0
+ Services and forestry 293.5 328.4
= Final agricultural sector output 3,432.1 4,344.8
- Intermediate consumption outlays 1,681.8 1,733.2
+ Net government transactions 59.7 44.7
= Gross value added 1,810.1 2,656.3
- Capital consumption 391.7 387.8
= NET VALUE ADDED 1,418.4 2,268.6
- Factor payments 763.9 936.6
Employee compensation (total hired labor) 91.8 100.9
Net rent received by nonoperator landlords 343.8 497.3
Real estate and nonreal estate interest 328.2 338.4
= NET FARM INCOME 654.5 1,331.9
Farm Balance Sheet as of December 31: 1995 1996
FARM ASSETS 19,215.6 20,041.8
Real estate 12,795.8 13,036.4
Nonreal estate 6,419.8 7,005.4
FARM DEBT 3,714.5 3,799.8
Real estate 1,577.6 1,617.7
Nonreal estate 2,136.9 2,182.1
EQUITY 15,501.1 16,242.0
RATIOS Percent
Debt/equity 24.0 23.4
Debt/assets 19.3 19.0
TOP 5 AGRICULTURE COMMODITIES, 1996
% of State Tot. % of US
Commodity Farm Receipts Tot.Val.
1. Cattle and calves 25.6 3.0
2. Corn 17.2 2.9
3. Soybean 15.2 3.4
4. Wheat 14.1 5.2
5. Hogs 8.8 2.5
All Commodities 1.8
TOP 5 AGRICULTURE EXPORTS, ESTIMATES, FY 1997
Rank Among
States Value
Commodity
Million $
1. Soybeans and products 9 352.6
2. Feed grains and products 8 336.9
3. Wheat and products 9 174.6
4. Live animals and meat exc. poultry 13 112.5
5. Sunflower seed and oil 2 77.8
Overall 17 1,163.2
TOP 5 COUNTIES IN AGRICULTURAL SALES 1992
Percent of State's
Total Receipts Million $
1. BROWN 3.9% 126.7
2. SPINK 3.7% 120.1
3. TURNER 3.2% 102.5
4. MINNEHAHA 3.1% 101.9
5. MARSHALL 2.7% 86.8
State Total 3,243.6
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