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RHODE ISLAND 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 947,154 865,771 81,383
1990 1,003,464 916,270 87,194
Latest(1997) 987,429 904,831 82,598
Per-capita income (1996 dollars)
1995 24,352 24,234 25,655
1996 24,613 24,478 26,090
Change 1.1% 1.0% 1.7%
Earnings per job (1996 dollars)
1995 27,735 27,768 27,375
1996 27,699 27,757 27,071
Change -0.1% -0.0% -1.1%
Poverty rate
1980 10.3 10.3 9.9
1990 9.6 9.8 7.5
Latest(1995-96) 10.8 N/A N/A
Total Number of Jobs
1995 547,533 501,953 45,580
1996 550,301 503,525 46,776
Unemployment Rate
1996 5.1 5.1 5.0
1997 5.3 5.3 5.1
Percent employment change
1994-95 -1.8 -1.8 -1.3
1995-96 3.4 3.4 3.8
1996-97 1.9 1.7 4.2
Percent of 1995 employment in farm and farm related jobs:
Total 13.3 13.2 14.2
Production 0.5 0.4 1.1
Farm Inputs 0.1 0.1
Proc. & Mark. 1.9 2.0 0.3
Whol.& Retail 10.4 10.2 12.8
FARM CHARACTERISTICS
1992 Census of Agriculture
TOTAL LAND AREA (million acres) 0.7
TOTAL FARMLAND (million acres) 0.0
of total land area 7.4%
CROPLAND (million acres) 0.0
of total farmland 49.2%
irrigated 12.2%
in pasture 15.5%
in Fed. farm program 0.0%
in Conservation Reserve 1.9%
WOODLAND (million acres) 0.0
of total farmland 35.9%
in pasture 13.0%
PASTURELAND (million acres) 0.0
of total farmland 3.8%
OTHER LAND (million acres) 0.0
of total farmland 11.1%
AVERAGE FARM SIZE (acres) 76.0
FARMS BY SIZE
1 to 99 acres 76.1%
100 to 499 acres 22.0%
500 to 999 acres 1.5%
1,000 to 1,999 acres 0.3%
2,000 or more acres 0.0%
FARMS BY SALES
Less than $50,000 80.6%
$50,000 to $99,999 7.6%
$100,000 to $499,999 8.8%
More than $500,000 3.1%
TENURE OF FARMERS
Full owner (farms) 421
Percent of total 64.9%
Part owner (farms) 162
Percent of total 25.0%
Tenant (farms) 66
Percent of total 10.2%
FARM ORGANIZATION
Individuals/family corporations (farms) 601
Percent of total 92.6%
Partnerships (farms) 42
Percent of total 6.5%
Non-family corporations (farms) 1
Percent of total 0.2%
Others (farms) 5
Percent of total 0.8%
Avg. Operator Age (yrs.) 53
Perc. w/ farming as their 51.3%
principal occupation
FARM FINANCIAL INDICATORS
Farm Income and Balance Sheet Statement
Year 1995 1996
Number of farms 700 700
Million $
Final crop output 69.7 72.1
+ Final animal output 9.3 10.5
+ Services and forestry 10.1 9.7
= Final agricultural sector output 89.1 92.3
- Intermediate consumption outlays 25.0 30.8
+ Net government transactions (3.4) (3.7)
= Gross value added 60.6 57.8
- Capital consumption 6.6 6.7
= NET VALUE ADDED 54.0 51.1
- Factor payments 13.4 14.1
Employee compensation (total hired labor) 10.5 11.0
Net rent received by nonoperator landlords (0.7) (0.7)
Real estate and nonreal estate interest 3.7 3.9
= NET FARM INCOME 40.6 37.0
Farm Balance Sheet as of December 31: 1995 1996
FARM ASSETS 425.3 460.2
Real estate 378.2 414.7
Nonreal estate 47.1 45.4
FARM DEBT 61.1 35.4
Real estate 31.3 15.7
Nonreal estate 29.8 19.7
EQUITY 364.2 424.7
RATIOS Percent
Debt/equity 16.8 8.3
Debt/assets 14.4 7.7
TOP 5 AGRICULTURE COMMODITIES, 1996
% of State Tot. % of US
Commodity Farm Receipts Tot.Val.
1. Greenhouse and nursery 60.3 0.4
2. Dairy products 5.8 0.0
3. Chicken eggs 3.1 0.0
4. Corn, sweet 2.3 0.3
5. Cattle and calves 1.9 0.0
All Commodities 0.0
TOP 5 AGRICULTURE EXPORTS, ESTIMATES, FY 1997
Rank Among
States Value
Commodity
Million $
1. Other 37 1.1
2.
3.
4.
5.
Overall 48 1.1
TOP 5 COUNTIES IN AGRICULTURAL SALES 1992
Percent of State's
Total Receipts Million $
1. WASHINGTON 37.5% 14.8
2. NEWPORT 29.6% 11.7
3. PROVIDENCE 21.2% 8.4
4. KENT 6.3% 2.5
5. BRISTOL 5.3% 2.1
State Total 39.5
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