United States Department of Agriculture - Economic Research Service - The Economics of Food, Farming, Natural Resources, and Rural America...  
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iowa state fact sheet


State Fact Sheet Map  
As of January 21, 2004

POPULATION, INCOME AND EMPLOYMENT

Population
Variable State Metro * Nonmetro *
Population
    1980 2,913,808 1,198,226 1,715,582
    1990 2,776,831 1,199,892 1,576,939
    2000 2,926,324 1,326,133 1,600,191
    2002 (latest) 2,936,760 1,348,420 1,588,340
For more information on Iowa population, see the County-Level Population Data or the Rural Population and Migration Briefing Room or contact John Cromartie, 202-694-5421.



Income
Variable State Metro * Nonmetro *
Per-capita income (2000 dollars)
    1999 26,036 28,800 23,763
    2000 26,431 28,842 24,429
    Percent change 1.5 0.1 2.8
 
Earnings per job (2000 dollars)
    1999 27,633 31,473 23,938
    2000 27,806 31,189 24,534
    Percent change 0.6 -0.9 2.5
 
Poverty rate (percent)
    1979 10.1 8.9 11.0
    1989 11.5 11.1 11.8
    1995 9.8 9.4 10.1
    Latest (1999) 9.1 9.1 9.1
For more information on Iowa poverty rates, see the County-Level Poverty Rates data page or the Rural Income, Poverty, and Welfare Briefing Room or contact Dean Jolliffe, 202-694-5430



Employment
Variable State Metro * Nonmetro *
Total number of jobs
    1999 1,927,860 945,411 982,449
    2000 1,946,893 957,145 989,748
 
Unemployment rate (percent)
    2000 2.6 2.3 2.9
    2001 3.3 3.0 3.6
For more information on Iowa unemployment rates, see the County-Level Unemployment and Median Household Income data page or the Rural Labor and Education Briefing Room or contact Lorin Kusmin, 202-694-5429
 
Percent employment change
    1998-1999 0.5 0.2 0.7
    1999-2000 -0.7 0.5 -1.8
    2000-2001 0.8 0.3 1.3
 
Percent of 1997 employment in farm and farm-related jobs
Total 22.2 16.5 27.6
    Production 6.4 1.7 10.8
    Farm inputs 1.6 1.1 2.1
    Processing & marketing 3.6 2.8 4.4
    Wholesale & retail trade 9.5 10.2 8.9
See the complete Farm and Farm-Related Employment data for Iowa or contact Alex Majchrowicz, 202-694-5355.

* See the measures of rurality for Iowa: rural-urban continuum codes and urban influence codes
 
For more information on socioeconomic conditions see the Rural Emphasis Page,
or contact Tim Parker, 202-694-5435.


FARM CHARACTERISTICS

1992 and 1997 Census of Agriculture
 
Variable 1992 1997
Total land area (million acres) 35.76 35.76
    Total farmland (million acres) 31.35 31.17
        Percent of total land area 87.7 87.2
 
        Cropland (million acres) 27.20 26.82
            Percent of total farmland 86.8 86.1
                Percent irrigated 0.4 0.5
                Percent in pasture 8.1 7.5
 
        Farmland in conservation and wetland
         reserve program (million acres)
1.29 1.71
            Percent of total farmland 4.1 5.5
 
        Woodland (million acres) 1.26 1.32
            Percent of total farmland 4.0 4.2
                Percent in pasture 55.6 48.2
 
        Pastureland (million acres) 1.46 1.44
            Percent of total farmland 4.7 4.6
 
        Other land (million acres) 1.43 1.59
            Percent of total farmland 4.6 5.1
 
Average farm size (acres) 325 343
 
Farms by size (percent)
            1 to 99 acres 27.4 29.2
            100 to 499 acres 51.3 48.0
            500 to 999 acres 16.4 16.3
            1000 to 1,999 acres 4.4 5.6
            2,000 or more acres 0.5 0.9
 
Farms by sales (percent)
            Less than $50,000 49.8 50.2
            $50,000 to $99,999 18.2 15.1
            $100,000 to $499,999 29.6 30.3
            More than $500,000 2.4 4.3
 
Tenure of farmers
        Full owner (farms) 43,541 42,902
            Percent of total 45.1 47.3
 
        Part owner (farms) 34,720 32,996
            Percent of total 36.0 36.3
 
        Tenant owner (farms) 18,282 14,894
            Percent of total 18.9 16.4
 
Farm organization
        Individuals/family (farms) 85,679 81,613
            Percent of total 88.8 89.9
 
        Partnerships (farms) 10,028 8,231
            Percent of total 10.4 9.1
 
        Non-family corporations (farms) 372 395
            Percent of total 0.4 0.4
 
        Others (farms) 464 553
            Percent of total 0.5 0.6
 
Average operator age (years) 50 52
        Percent with farming as their occupation 69.3 62.0
 
For more information about the Census of Agriculture see the National Agricultural
Statistics Service's web page, or call 1-800-727-9540.


FARM FINANCIAL INDICATORS

Farm income and value added data
 
Variable 2001 2002
 
Number of farms 93,500 92,500
 
  Thousands $
       Final crop output 4,993,739 6,229,554
+     Final animal output 5,893,818 5,118,992
+     Services and forestry 1,043,138 1,126,585
=   Final agricultural sector output 11,930,695 12,475,131
 
-      Intermediate consumption outlays 7,190,396 7,166,453
+     Net government transactions 1,463,495 222,377
=   Gross value added 6,203,795 5,531,055
 
-      Capital consumption 1,218,392 1,257,356
 
=   Net value added 4,985,403 4,273,699
 
-    Factor payments 2,788,403 2,506,864
         Employee compensation (total hired labor) 306,696 292,724
         Net rent received by nonoperator landlords 1,457,478 1,278,802
         Real estate and nonreal estate interest 1,024,229 935,338
 
=   Net farm income 2,197,000 1,766,835
 
Value-added and farm income tables are available for downloading from the ERS web page as Lotus Wk1 files. For more information contact Roger Strickland, 202-694-5592.



Farm balance sheet as of December 31
 
Variable 2001 2002
  Thousands $
Farm assets 74,958,336 77,599,751
        Real estate 59,436,499 61,537,789
        Nonreal estate 15,521,837 16,061,962
 
Farm debt 13,594,639 14,096,909
        Real estate 7,459,416 7,972,479
        Nonreal estate 6,135,223 6,124,431
 
            Equity 61,363,697 63,502,842
 
Ratios Percent
        Debt/equity 22.2 22.2
        Debt/assets 18.1 18.2
 
Farm balance sheet tables are available for downloading from the ERS web page as Lotus Wk1 files. For more information contact Roger Strickland, 202-694-5592.


TOP COMMODITIES, EXPORTS, AND COUNTIES

Top 5 agriculture commodities, 2002
Commodity Value of receipts
thousand $
Percent of state total
farm receipts
Percent of US value
1.     Corn 3,259,178 30.1 18.6
2.     Hogs 2,424,603 22.4 25.2
3.     Soybeans 2,260,345 20.9 16.8
4.     Cattle and calves 1,764,565 16.3 4.6
5.     Dairy products 459,086 4.2 2.2
 
All commodities
10,833,860   5.6
 
For more details about Iowa's top agriculture commodities, see Leading commodities for cash receipts, or contact Roger Strickland, 202-694-5592.



Top 5 agriculture exports, estimates, FY 2002
Commodity Rank among
states
Value
million $
1.     Soybeans and products 1 1,217.7
2.     Feed grains and products 2 1,049.5
3.     Live animals and meat 4 595.2
4.     Feeds and fodders 4 105.4
5.     Hides and skins 10 49.1
 
Overall
3 3,217.7
 
For more information on exports see State Export Data or the Agricultural Trade Briefing Room or contact Carol Whitton, 202-694-5287.



Top 5 counties in agricultural sales 1997
Counties Percent of state's
total receipts
Million $
1.     Sioux 4.3 508.0
2.     Kossuth 2.0 242.8
3.     Plymouth 2.0 238.4
4.     Hamilton 1.9 227.2
5.     Carroll 1.9 221.5
 
State total
  11,947.9
 
For more information about the Census of Agriculture see the National Agricultural
Statistics Service's web page, or call 1-800-727-9540.


DATA SOURCES:
  • Local Area Unemployment Statistics, county data, Bureau of Labor Statistics.
  • Regional Economic Information System, June 2002, Bureau of Economic Analysis, U.S. Department of Commerce.
  • 1990 and 2000 Census of Population, Bureau of the Census, U.S. Department of Commerce.
  • Farm Income and Costs Briefing Room, Economic Research Service, USDA.
  • Foreign Agricultural Trade of the United States (FATUS), Economic Research Service, USDA.
  • Census of Agriculture, National Agricultural Statistics Service, USDA.

Prepared by:
        Economic Research Service, USDA, Washington, DC.


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