TEXAS FACT SHEET

tx.gif (5754 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                             14,225,513   11,539,173     2,686,340
     1990                             16,986,335   14,165,511     2,820,824
     Latest(1997)                     19,439,337   16,385,446     3,053,891
 
 Per-capita income (1996 dollars)
     1995                                 21,893       22,861        16,789
     1996                                 22,324       23,324        17,012
 Change                                      2.0%         2.0%          1.3%
 
 Earnings per job (1996 dollars)
     1995                                 29,182       30,660        19,660
     1996                                 29,559       31,097        19,565
 Change                                      1.3%         1.4%         -0.5%
 
 Poverty rate
     1980                                   14.7         13.7          19.0
     1990                                   18.1         17.1          23.4
     Latest(1995-96)                        17.0           N/A           N/A
 
 Total Number of Jobs
     1995                             10,533,242    9,117,548     1,415,694
     1996                             10,797,651    9,357,963     1,439,688
 
 Unemployment Rate
     1996                                    5.6          5.5           6.5
     1997                                    5.4          5.2           6.3
 
 Percent employment change
     1994-95                                 2.9          3.0           2.2
     1995-96                                 1.5          1.7           0.4
     1996-97                                 2.0          2.2           0.4
 
 Percent of 1995 employment in farm and farm related jobs:
 
  Total                                     15.0         13.3          26.9
     Production                              2.8          1.2          13.5
     Farm Inputs                             0.2          0.2           0.9
     Proc. & Mark.                           1.7          1.5           3.2
     Whol.& Retail                          10.0         10.2           9.0
 


FARM CHARACTERISTICS


                           1992 Census of Agriculture
 
TOTAL LAND AREA (million acres)                                       167.6
   TOTAL FARMLAND (million acres)                                     130.9
      of total land area                                               78.1%
 
      CROPLAND (million acres)                                         36.4
         of total farmland                                             27.8%
            irrigated                                                  13.5%
            in pasture                                                 30.4%
            in Fed. farm program                                        1.6%
            in Conservation Reserve                                     6.8%
 
      WOODLAND (million acres)                                          5.1
         of total farmland                                              3.9%
            in pasture                                                 77.6%
 
      PASTURELAND (million acres)                                      87.8
         of total farmland                                             67.1%
 
      OTHER LAND (million acres)                                        1.6
         of total farmland                                              1.2%
 
AVERAGE FARM SIZE (acres)                                             725.0
 
FARMS BY SIZE
        1 to 99 acres                                                  39.8%
 
        100 to 499 acres                                               36.9%
 
        500 to 999 acres                                               10.4%
 
        1,000 to 1,999 acres                                            7.0%
 
        2,000 or more acres                                             5.9%
 
FARMS BY SALES
        Less than $50,000                                              84.9%
 
        $50,000 to $99,999                                              5.6%
 
        $100,000 to $499,999                                            7.9%
 
        More than $500,000                                              1.5%
 
TENURE OF FARMERS
     Full owner (farms)                                             104,255
        Percent of total                                               57.7%
 
     Part owner (farms)                                              54,226
        Percent of total                                               30.0%
 
     Tenant (farms)                                                  22,163
        Percent of total                                               12.3%
 
FARM ORGANIZATION
     Individuals/family corporations (farms)                        162,333
        Percent of total                                               89.9%
 
     Partnerships (farms)                                            16,182
        Percent of total                                                9.0%
 
     Non-family corporations (farms)                                    681
        Percent of total                                                0.4%
 
     Others (farms)                                                   1,448
        Percent of total                                                0.8%
 
Avg. Operator Age (yrs.)                                                 56
Perc. w/ farming as their                                              47.6%
     principal occupation

FARM FINANCIAL INDICATORS


 
Farm Income and Balance Sheet Statement
                    Year                                1995         1996
Number of farms                                       202,000       205,000
 
                                                           Million $
  Final crop output                                   4,758.0       5,192.7
+ Final animal output                                 8,412.1       7,371.4
+ Services and forestry                               1,620.3       1,777.6
= Final agricultural sector output                   14,790.4      14,341.7
 
- Intermediate consumption outlays                    8,803.2       8,340.0
+ Net government transactions                           204.8         307.3
= Gross value added                                   6,192.0       6,309.0
 
- Capital consumption                                 1,291.3       1,296.2
 
= NET VALUE ADDED                                     4,900.7       5,012.8
 
- Factor payments                                     2,376.4       2,439.3
    Employee compensation (total hired labor)           779.5         738.4
    Net rent received by nonoperator landlords          733.1         832.4
    Real estate and nonreal estate interest             863.8         868.5
 
= NET FARM INCOME                                     2,524.3       2,573.5

 
Farm Balance Sheet as of December 31:                    1995          1996
 
FARM ASSETS                                          80,827.6      85,848.9
     Real estate                                     63,766.9      68,661.9
     Nonreal estate                                  17,060.8      17,187.0
 
FARM DEBT                                            10,159.2       9,960.1
     Real estate                                      4,689.8       4,902.0
     Nonreal estate                                   5,469.4       5,058.1
 
       EQUITY                                        70,668.5      75,888.8
 
 RATIOS                                                          Percent
     Debt/equity                                         14.4          13.1
     Debt/assets                                         12.6          11.6

 
 TOP 5 AGRICULTURE COMMODITIES, 1996
 
                                              % of State Tot.      % of US
Commodity                                     Farm Receipts        Tot.Val.
 
 1.   Cattle and calves                                  40.8          17.1
 2.   Cotton                                             13.8          24.2
 3.   Dairy products                                      7.0           4.0
 4.   Greenhouse and nursery                              6.4           7.7
 5.   Broilers                                            5.5           5.2
 
                                     All Commodities                    6.5
 
 
 TOP 5 AGRICULTURE EXPORTS, ESTIMATES, FY 1997
                                                     Rank Among
                                                       States       Value
  Commodity
                                                                   Million $
 1.   Live animals and meat exc. poultry                    2         654.9
 2.   Cotton and linters                                    1         564.2
 3.   Feed grains and products                              9         329.5
 4.   Other                                                 2         317.0
 5.   Hides and skins                                       3         258.2
 
                                     Overall                5       3,053.6
 
 
 TOP 5 COUNTIES IN AGRICULTURAL SALES 1992
 
                                              Percent of State's
                                              Total Receipts       Million $
 
 1.   DEAF SMITH                                          5.4%        645.0
 2.   CASTRO                                              4.1%        491.5
 3.   PARMER                                              3.7%        438.5
 4.   HANSFORD                                            2.5%        302.9
 5.   DALLAM                                              2.4%        282.9
 
                                     State Total                   12,004.4