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MONTANA 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 786,690 188,731 597,959
1990 799,065 191,110 607,955
Latest(1997) 878,810 204,905 673,905
Per-capita income (1996 dollars)
1995 19,046 21,446 18,304
1996 19,278 21,771 18,511
Change 1.2% 1.5% 1.1%
Earnings per job (1996 dollars)
1995 20,843 22,991 20,111
1996 20,686 22,941 19,926
Change -0.8% -0.2% -0.9%
Poverty rate
1980 12.3 9.7 13.1
1990 16.1 12.7 17.1
Latest(1995-96) 16.2 N/A N/A
Total Number of Jobs
1995 511,715 130,089 381,626
1996 524,123 132,164 391,959
Unemployment Rate
1996 5.3 4.5 5.5
1997 5.4 4.8 5.5
Percent employment change
1994-95 -1.1 -1.7 -0.9
1995-96 2.6 1.2 3.0
1996-97 1.7 1.6 1.7
Percent of 1995 employment in farm and farm related jobs:
Total 19.4 16.4 20.5
Production 6.3 2.1 7.7
Farm Inputs 0.6 0.7 0.5
Proc. & Mark. 0.8 1.2 0.7
Whol.& Retail 11.5 12.4 11.2
FARM CHARACTERISTICS
1992 Census of Agriculture
TOTAL LAND AREA (million acres) 93.0
TOTAL FARMLAND (million acres) 59.6
of total land area 64.1%
CROPLAND (million acres) 17.5
of total farmland 29.3%
irrigated 11.3%
in pasture 8.9%
in Fed. farm program 1.3%
in Conservation Reserve 12.3%
WOODLAND (million acres) 2.0
of total farmland 3.3%
in pasture 85.3%
PASTURELAND (million acres) 39.3
of total farmland 65.9%
OTHER LAND (million acres) 0.9
of total farmland 1.5%
AVERAGE FARM SIZE (acres) 2613.0
FARMS BY SIZE
1 to 99 acres 23.9%
100 to 499 acres 20.1%
500 to 999 acres 11.1%
1,000 to 1,999 acres 13.3%
2,000 or more acres 31.7%
FARMS BY SALES
Less than $50,000 63.2%
$50,000 to $99,999 15.5%
$100,000 to $499,999 19.7%
More than $500,000 1.6%
TENURE OF FARMERS
Full owner (farms) 10,763
Percent of total 47.2%
Part owner (farms) 9,039
Percent of total 39.6%
Tenant (farms) 3,019
Percent of total 13.2%
FARM ORGANIZATION
Individuals/family corporations (farms) 20,392
Percent of total 89.4%
Partnerships (farms) 2,046
Percent of total 9.0%
Non-family corporations (farms) 129
Percent of total 0.6%
Others (farms) 254
Percent of total 1.1%
Avg. Operator Age (yrs.) 53
Perc. w/ farming as their 70.1%
principal occupation
FARM FINANCIAL INDICATORS
Farm Income and Balance Sheet Statement
Year 1995 1996
Number of farms 22,000 22,000
Million $
Final crop output 1,179.4 1,155.2
+ Final animal output 831.4 770.0
+ Services and forestry 240.0 267.0
= Final agricultural sector output 2,250.8 2,192.1
- Intermediate consumption outlays 1,051.1 1,109.4
+ Net government transactions 59.4 105.4
= Gross value added 1,259.1 1,188.1
- Capital consumption 289.0 288.0
= NET VALUE ADDED 970.2 900.1
- Factor payments 557.0 565.2
Employee compensation (total hired labor) 137.7 135.8
Net rent received by nonoperator landlords 207.1 216.2
Real estate and nonreal estate interest 212.2 213.2
= NET FARM INCOME 413.2 334.9
Farm Balance Sheet as of December 31: 1995 1996
FARM ASSETS 19,978.2 21,056.0
Real estate 15,701.5 16,543.1
Nonreal estate 4,276.6 4,512.9
FARM DEBT 2,567.7 2,610.3
Real estate 1,561.0 1,608.4
Nonreal estate 1,006.7 1,001.8
EQUITY 17,410.4 18,445.7
RATIOS Percent
Debt/equity 14.8 14.2
Debt/assets 12.9 12.4
TOP 5 AGRICULTURE COMMODITIES, 1996
% of State Tot. % of US
Commodity Farm Receipts Tot.Val.
1. Wheat 42.4 8.6
2. Cattle and calves 32.3 2.1
3. Barley 7.5 15.4
4. Hay 4.3 2.4
5. Sugar beets 2.5 5.1
All Commodities 1.0
TOP 5 AGRICULTURE EXPORTS, ESTIMATES, FY 1997
Rank Among
States Value
Commodity
Million $
1. Wheat and products 5 234.9
2. Feed grains and products 22 35.8
3. Feeds and fodders 21 28.9
4. Live animals and meat exc. poultry 31 16.0
5. Seeds 21 11.6
Overall 34 327.1
TOP 5 COUNTIES IN AGRICULTURAL SALES 1992
Percent of State's
Total Receipts Million $
1. YELLOWSTONE 5.8% 100.3
2. BIG HORN 5.3% 92.4
3. BEAVERHEAD 3.8% 65.3
4. FERGUS 3.4% 59.6
5. GALLATIN 3.4% 58.2
State Total 1,730.2
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