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VERMONT 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 511,456 154,935 356,521
1990 562,758 177,059 385,699
Latest(1997) 588,978 191,088 397,890
Per-capita income (1996 dollars)
1995 22,125 23,836 21,313
1996 22,545 24,445 21,638
Change 1.9% 2.6% 1.5%
Earnings per job (1996 dollars)
1995 23,423 26,861 21,604
1996 23,646 27,326 21,670
Change 1.0% 1.7% 0.3%
Poverty rate
1980 12.1 11.4 12.3
1990 9.9 9.1 10.2
Latest(1995-96) 11.5 N/A N/A
Total Number of Jobs
1995 371,563 128,567 242,996
1996 377,084 131,721 245,363
Unemployment Rate
1996 4.6 3.5 5.1
1997 4.0 3.0 4.5
Percent employment change
1994-95 1.7 2.4 1.4
1995-96 1.0 2.1 0.4
1996-97 1.2 1.5 1.1
Percent of 1995 employment in farm and farm related jobs:
Total 16.7 15.3 17.4
Production 3.1 2.1 3.6
Farm Inputs 0.2 0.2 0.2
Proc. & Mark. 1.6 2.0 1.4
Whol.& Retail 11.5 10.6 12.0
FARM CHARACTERISTICS
1992 Census of Agriculture
TOTAL LAND AREA (million acres) 5.9
TOTAL FARMLAND (million acres) 1.3
of total land area 21.6%
CROPLAND (million acres) 0.7
of total farmland 51.5%
irrigated 0.3%
in pasture 24.0%
in Fed. farm program 0.1%
in Conservation Reserve 0.3%
WOODLAND (million acres) 0.5
of total farmland 37.5%
in pasture 19.2%
PASTURELAND (million acres) 0.1
of total farmland 6.7%
OTHER LAND (million acres) 0.1
of total farmland 4.3%
AVERAGE FARM SIZE (acres) 235.0
FARMS BY SIZE
1 to 99 acres 33.2%
100 to 499 acres 55.6%
500 to 999 acres 9.6%
1,000 to 1,999 acres 1.3%
2,000 or more acres 0.2%
FARMS BY SALES
Less than $50,000 60.0%
$50,000 to $99,999 13.1%
$100,000 to $499,999 25.4%
More than $500,000 1.6%
TENURE OF FARMERS
Full owner (farms) 2,925
Percent of total 53.8%
Part owner (farms) 2,106
Percent of total 38.7%
Tenant (farms) 405
Percent of total 7.5%
FARM ORGANIZATION
Individuals/family corporations (farms) 4,890
Percent of total 90.0%
Partnerships (farms) 485
Percent of total 8.9%
Non-family corporations (farms) 21
Percent of total 0.4%
Others (farms) 40
Percent of total 0.7%
Avg. Operator Age (yrs.) 51
Perc. w/ farming as their 64.4%
principal occupation
FARM FINANCIAL INDICATORS
Farm Income and Balance Sheet Statement
Year 1995 1996
Number of farms 6,000 6,000
Million $
Final crop output 86.9 91.8
+ Final animal output 389.6 438.5
+ Services and forestry 50.0 47.2
= Final agricultural sector output 526.4 577.4
- Intermediate consumption outlays 285.0 290.9
+ Net government transactions (22.4) (23.0)
= Gross value added 219.0 263.4
- Capital consumption 57.4 57.4
= NET VALUE ADDED 161.7 206.1
- Factor payments 69.3 73.3
Employee compensation (total hired labor) 44.2 46.3
Net rent received by nonoperator landlords (1.3) (1.0)
Real estate and nonreal estate interest 26.4 28.0
= NET FARM INCOME 92.3 132.8
Farm Balance Sheet as of December 31: 1995 1996
FARM ASSETS 2,488.7 2,507.2
Real estate 1,798.0 1,816.8
Nonreal estate 690.7 690.4
FARM DEBT 348.0 367.3
Real estate 181.4 175.0
Nonreal estate 166.6 192.2
EQUITY 2,140.7 2,139.9
RATIOS Percent
Debt/equity 16.3 17.2
Debt/assets 14.0 14.7
TOP 5 AGRICULTURE COMMODITIES, 1996
% of State Tot. % of US
Commodity Farm Receipts Tot.Val.
1. Dairy products 73.4 1.7
2. Cattle and calves 6.4 0.1
3. Greenhouse and nursery 5.8 0.2
4. Maple products 2.7 34.5
5. Christmas trees 2.3 2.6
All Commodities 0.3
TOP 5 AGRICULTURE EXPORTS, ESTIMATES, FY 1997
Rank Among
States Value
Commodity
Million $
1. Dairy products 21 10.3
2. Other 42 0.7
3.
4.
5.
Overall 46 11.0
TOP 5 COUNTIES IN AGRICULTURAL SALES 1992
Percent of State's
Total Receipts Million $
1. FRANKLIN 22.7% 94.1
2. ADDISON 22.5% 93.6
3. ORLEANS 13.2% 54.8
4. RUTLAND 6.6% 27.3
5. ORANGE 6.0% 24.8
State Total 415.3
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