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


State Fact Sheet Map  
As of January 21, 2004

POPULATION, INCOME AND EMPLOYMENT

Population
Variable State Metro * Nonmetro *
Population
    1980 511,456 154,935 356,521
    1990 562,758 177,059 385,699
    2000 608,827 198,889 409,938
    2002 (latest) 616,592 202,943 413,649
For more information on Vermont 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 26,620 29,189 25,378
    2000 26,848 29,611 25,506
    Percent change 0.9 1.4 0.5
 
Earnings per job (2000 dollars)
    1999 27,937 32,722 25,331
    2000 28,054 32,869 25,393
    Percent change 0.4 0.4 0.2
 
Poverty rate (percent)
    1979 12.1 11.4 12.3
    1989 9.9 9.1 10.2
    1995 11.2 9.1 12.2
    Latest (1999) 9.4 8.8 9.7
For more information on Vermont 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 396,027 139,642 256,385
    2000 405,680 144,369 261,311
 
Unemployment rate (percent)
    2000 2.9 2.2 3.3
    2001 3.6 2.9 4.0
For more information on Vermont 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 2.0 2.5 1.7
    1999-2000 -1.1 -0.4 -1.5
    2000-2001 0.2 0.5 0.1
 
Percent of 1997 employment in farm and farm-related jobs
Total 16.5 15.2 17.2
    Production 2.5 1.8 2.9
    Farm inputs 0.2 0.2 0.2
    Processing & marketing 1.6 2.1 1.3
    Wholesale & retail trade 11.3 10.5 11.7
See the complete Farm and Farm-Related Employment data for Vermont or contact Alex Majchrowicz, 202-694-5355.

* See the measures of rurality for Vermont: 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) 5.92 5.92
    Total farmland (million acres) 1.28 1.26
        Percent of total land area 21.6 21.3
 
        Cropland (million acres) 0.66 0.62
            Percent of total farmland 51.5 48.9
                Percent irrigated 0.3 0.4
                Percent in pasture 24.0 21.3
 
        Farmland in conservation and wetland
         reserve program (million acres)
0.00 0.01
            Percent of total farmland 0.2 0.7
 
        Woodland (million acres) 0.48 0.49
            Percent of total farmland 37.5 38.6
                Percent in pasture 19.2 13.6
 
        Pastureland (million acres) 0.09 0.08
            Percent of total farmland 6.7 6.6
 
        Other land (million acres) 0.05 0.07
            Percent of total farmland 4.3 5.8
 
Average farm size (acres) 235 217
 
Farms by size (percent)
            1 to 99 acres 33.2 39.9
            100 to 499 acres 55.6 50.1
            500 to 999 acres 9.6 8.0
            1000 to 1,999 acres 1.3 1.7
            2,000 or more acres 0.2 0.3
 
Farms by sales (percent)
            Less than $50,000 60.0 67.4
            $50,000 to $99,999 13.1 9.8
            $100,000 to $499,999 25.4 20.4
            More than $500,000 1.6 2.5
 
Tenure of farmers
        Full owner (farms) 2,925 3,281
            Percent of total 53.8 56.3
 
        Part owner (farms) 2,106 2,073
            Percent of total 38.7 35.6
 
        Tenant owner (farms) 405 474
            Percent of total 7.5 8.1
 
Farm organization
        Individuals/family (farms) 4,890 5,209
            Percent of total 90.0 89.4
 
        Partnerships (farms) 485 538
            Percent of total 8.9 9.2
 
        Non-family corporations (farms) 21 24
            Percent of total 0.4 0.4
 
        Others (farms) 40 57
            Percent of total 0.7 1.0
 
Average operator age (years) 51 53
        Percent with farming as their occupation 64.4 56.6
 
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 6,600 6,600
 
  Thousands $
       Final crop output 67,588 80,643
+     Final animal output 481,107 396,327
+     Services and forestry 64,371 85,795
=   Final agricultural sector output 613,066 562,765
 
-      Intermediate consumption outlays 321,235 326,179
+     Net government transactions -18,985 10,415
=   Gross value added 272,846 247,001
 
-      Capital consumption 54,106 55,754
 
=   Net value added 218,740 191,247
 
-    Factor payments 82,005 85,845
         Employee compensation (total hired labor) 53,393 55,203
         Net rent received by nonoperator landlords 452 1,892
         Real estate and nonreal estate interest 28,160 28,750
 
=   Net farm income 136,735 105,402
 
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 2,947,099 3,034,421
        Real estate 2,190,062 2,305,329
        Nonreal estate 757,037 729,092
 
Farm debt 404,967 423,916
        Real estate 199,177 214,296
        Nonreal estate 205,790 209,621
 
            Equity 2,542,133 2,610,505
 
Ratios Percent
        Debt/equity 15.9 16.2
        Debt/assets 13.7 14.0
 
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.     Dairy products 340,868 71.6 1.7
2.     Cattle and calves 45,674 9.6 0.1
3.     Greenhouse/nursery 19,050 4.0 0.1
4.     Maple products 15,246 3.2 38.5
5.     Hay 14,448 3.0 0.3
 
All commodities
476,352   0.2
 
For more details about Vermont'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.     Fruits and preparations 26 2.3
2.     Feeds and fodders 42 1.6
3.     Other 47 1.2
4.     Live animals and meat 44 0.4
5.     Poultry and products 43 0.2
 
Overall
47 5.9
 
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.     Addison 23.7 112.7
2.     Franklin 20.9 99.6
3.     Orleans 12.5 59.5
4.     Caledonia 6.2 29.4
5.     Rutland 6.0 28.4
 
State total
  476.3
 
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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