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TENNESSEE 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 4,591,023 3,045,329 1,545,694
1990 4,877,203 3,297,849 1,579,354
Latest(1997) 5,368,198 3,631,998 1,736,200
Per-capita income (1996 dollars)
1995 21,860 24,017 17,335
1996 22,032 24,220 17,443
Change 0.8% 0.8% 0.6%
Earnings per job (1996 dollars)
1995 26,623 28,384 21,926
1996 26,764 28,424 22,263
Change 0.5% 0.1% 1.5%
Poverty rate
1980 16.5 15.2 18.9
1990 15.7 14.6 18.0
Latest(1995-96) 15.7 N/A N/A
Total Number of Jobs
1995 3,174,396 2,308,729 865,667
1996 3,210,688 2,345,410 865,278
Unemployment Rate
1996 5.2 4.0 7.6
1997 5.4 4.3 7.8
Percent employment change
1994-95 1.2 1.1 1.5
1995-96 1.4 2.6 -1.0
1996-97 -1.6 -1.0 -2.9
Percent of 1995 employment in farm and farm related jobs:
Total 17.9 15.2 25.2
Production 3.3 1.6 8.0
Farm Inputs 0.3 0.2 0.5
Proc. & Mark. 3.6 2.3 7.1
Whol.& Retail 10.2 10.7 8.9
FARM CHARACTERISTICS
1992 Census of Agriculture
TOTAL LAND AREA (million acres) 26.4
TOTAL FARMLAND (million acres) 11.2
of total land area 42.3%
CROPLAND (million acres) 7.1
of total farmland 63.5%
irrigated 0.5%
in pasture 36.7%
in Fed. farm program 0.9%
in Conservation Reserve 2.9%
WOODLAND (million acres) 2.8
of total farmland 24.8%
in pasture 37.9%
PASTURELAND (million acres) 0.9
of total farmland 8.0%
OTHER LAND (million acres) 0.4
of total farmland 3.8%
AVERAGE FARM SIZE (acres) 149.0
FARMS BY SIZE
1 to 99 acres 61.1%
100 to 499 acres 33.4%
500 to 999 acres 3.6%
1,000 to 1,999 acres 1.4%
2,000 or more acres 0.5%
FARMS BY SALES
Less than $50,000 91.2%
$50,000 to $99,999 3.6%
$100,000 to $499,999 4.6%
More than $500,000 0.7%
TENURE OF FARMERS
Full owner (farms) 51,776
Percent of total 69.0%
Part owner (farms) 18,280
Percent of total 24.4%
Tenant (farms) 5,020
Percent of total 6.7%
FARM ORGANIZATION
Individuals/family corporations (farms) 67,440
Percent of total 89.8%
Partnerships (farms) 7,234
Percent of total 9.6%
Non-family corporations (farms) 108
Percent of total 0.1%
Others (farms) 294
Percent of total 0.4%
Avg. Operator Age (yrs.) 55
Perc. w/ farming as their 39.8%
principal occupation
FARM FINANCIAL INDICATORS
Farm Income and Balance Sheet Statement
Year 1995 1996
Number of farms 81,000 80,000
Million $
Final crop output 1,280.0 1,296.7
+ Final animal output 940.4 896.9
+ Services and forestry 417.8 454.0
= Final agricultural sector output 2,638.2 2,647.5
- Intermediate consumption outlays 1,203.9 1,298.3
+ Net government transactions (49.3) (19.3)
= Gross value added 1,385.0 1,330.0
- Capital consumption 443.6 451.2
= NET VALUE ADDED 941.4 878.8
- Factor payments 470.9 492.6
Employee compensation (total hired labor) 130.3 132.3
Net rent received by nonoperator landlords 164.1 181.0
Real estate and nonreal estate interest 176.5 179.2
= NET FARM INCOME 470.5 386.1
Farm Balance Sheet as of December 31: 1995 1996
FARM ASSETS 19,566.8 20,638.4
Real estate 14,747.6 15,946.0
Nonreal estate 4,819.1 4,692.4
FARM DEBT 2,077.6 2,152.1
Real estate 1,155.5 1,196.1
Nonreal estate 922.1 956.1
EQUITY 17,489.1 18,486.2
RATIOS Percent
Debt/equity 11.9 11.6
Debt/assets 10.6 10.4
TOP 5 AGRICULTURE COMMODITIES, 1996
% of State Tot. % of US
Commodity Farm Receipts Tot.Val.
1. Cattle and calves 15.0 1.1
2. Cotton 11.6 3.7
3. Soybean 11.5 1.6
4. Dairy products 10.6 1.1
5. Broilers 9.7 1.6
All Commodities 1.2
TOP 5 AGRICULTURE EXPORTS, ESTIMATES, FY 1997
Rank Among
States Value
Commodity
Million $
1. Soybeans and products 14 156.3
2. Tobacco unmfd. 6 108.2
3. Other 15 86.6
4. Cotton and linters 10 85.9
5. Poultry and products 18 38.3
Overall 27 540.1
TOP 5 COUNTIES IN AGRICULTURAL SALES 1992
Percent of State's
Total Receipts Million $
1. GIBSON 3.2% 62.4
2. BEDFORD 3.1% 59.1
3. ROBERTSON 3.0% 57.0
4. WARREN 2.9% 56.5
5. GREENE 2.7% 52.7
State Total 1,933.5
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