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United States Department of Agriculture National Agricultural Statistics Service
ISSN: 1949-1867
Land Values 2021 Summary August 2021
Land Values 2021 Summary (August 2021) 3 USDA, National Agricultural Statistics Service
Contents Agricultural Land Values Highlights ................................................................................................................................... 4
Average Farm Real Estate Value – United States: 2007-2021 Chart .................................................................................... 5
2021 Farm Real Estate Value by State – Dollars per Acre and Percent Change from 2020 Map.......................................... 5
Average Cropland Value – United States: 2007-2021 Chart ................................................................................................ 6
2021 Cropland Value by State – Dollars per Acre and Percent Change from 2020 Map ...................................................... 6
Average Pasture Value – United States: 2007-2021 Chart ................................................................................................... 7
2021 Pasture Value by State – Dollars per Acre and Percent Change from 2020 Map ......................................................... 7
Farm Real Estate Average Value per Acre – Regions, States, and United States: 2017-2021 .............................................. 8
Cropland Average Value per Acre – Regions, States, and United States: 2017-2021 ......................................................... 10
Irrigated and Non-Irrigated Cropland Average Value per Acre – States: 2017-2021 ......................................................... 12
Pasture Average Value per Acre – Regions, States, and United States: 2017-2021 ............................................................ 14
Value of Farmland and Buildings – States and United States: 2016-2020.......................................................................... 16
Economic Regions ........................................................................................................................................................... 18
Statistical Methodology ..................................................................................................................................................... 19
Terms and Definitions ....................................................................................................................................................... 20
Information Contacts ......................................................................................................................................................... 21
4 Land Values 2021 Summary (August 2021) USDA, National Agricultural Statistics Service
Agricultural Land Values Highlights The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $3,380
per acre for 2021, up $220 per acre (7.0 percent) from 2020. The United States cropland value averaged $4,420 per acre,
an increase of $320 per acre (7.8 percent) from the previous year. The United States pasture value averaged $1,480 per acre, an increase of $80 per acre (5.7 percent) from 2020.
Land Values 2021 Summary (August 2021) 5 USDA, National Agricultural Statistics Service
2,0102,170 2,090 2,150
2,3002,520
2,7302,940 3,000 2,990 3,030 3,100 3,160 3,160
3,380
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Dollars per acre
Average Farm Real Estate Value – United States: 2007-2021
USDA - NASSAugust 6, 2021
6 Land Values 2021 Summary (August 2021) USDA, National Agricultural Statistics Service
2,5302,760 2,640 2,700
2,980
3,350
3,8104,090 4,100 4,040 4,030 4,050 4,100 4,100
4,420
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Dollars per acre
Average Cropland Value – United States: 2007-2021Average Cropland Value – United States: 2007-2021
USDA - NASS
August 6, 2021
Land Values 2021 Summary (August 2021) 7 USDA, National Agricultural Statistics Service
1,0301,090 1,060 1,060 1,070
1,1101,170
1,290 1,310 1,320 1,3301,370 1,400 1,400
1,480
0
200
400
600
800
1,000
1,200
1,400
1,600
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Dollars per acre
Average Pasture Value – United States: 2007-2021
USDA - NASSAugust 6, 2021
8 Land Values 2021 Summary (August 2021) USDA, National Agricultural Statistics Service
Farm Real Estate Average Value per Acre – Regions, States, and United States: 2017-2021
Region and State 2017 2018 2019 2020 2021 Change
2020-2021
(dollars) (dollars) (dollars) (dollars) (dollars) (percent)
Northeast ............................................ Connecticut .................................... Delaware ........................................ Maine .............................................. Maryland ........................................ Massachusetts ............................... New Hampshire ............................. New Jersey .................................... New York ........................................ Pennsylvania ................................. Rhode Island .................................. Vermont .......................................... Lake States ........................................ Michigan ......................................... Minnesota ....................................... Wisconsin ....................................... Corn Belt ............................................ Illinois ............................................. Indiana ............................................ Iowa ................................................ Missouri .......................................... Ohio ................................................ Northern Plains .................................. Kansas ........................................... Nebraska ........................................ North Dakota .................................. South Dakota ................................. Appalachian ....................................... Kentucky ........................................ North Carolina ................................ Tennessee ..................................... Virginia ........................................... West Virginia ..................................
5,380 12,100
8,250 2,370 7,620
10,800 4,860
13,400 3,160 6,030
14,900 3,470
4,880 4,940 4,870 4,870
5,990 7,160 6,580 7,350 3,120 6,010
2,150 1,890 2,820 1,740 2,100
3,970 3,680 4,580 3,840 4,590 2,640
5,550 12,300
8,410 2,370 7,860
10,900 4,900
13,500 3,230 6,250
15,200 3,540
4,890 4,960 4,850 4,900
6,110 7,280 6,580 7,270 3,380 6,200
2,110 1,850 2,750 1,710 2,070
4,030 3,770 4,640 3,920 4,620 2,650
5,690 12,200
8,950 2,410 8,060
11,100 4,980
13,500 3,250 6,470
15,600 3,630
4,900 4,960 4,840 4,950
6,100 7,280 6,580 7,190 3,400 6,290
2,170 1,960 2,850 1,740 2,070
4,080 3,820 4,680 3,990 4,650 2,680
5,710 12,000
8,950 2,490 8,080
11,300 5,000
13,600 3,150 6,600
16,000 3,550
4,860 4,950 4,840 4,850
6,110 7,400 6,600 7,070 3,400 6,350
2,120 1,900 2,790 1,720 2,010
4,140 3,920 4,670 4,100 4,620 2,700
6,000 12,500
9,300 2,600 8,670
13,700 5,050
14,400 3,270 6,800
16,400 3,900
5,240 5,300 5,240 5,190
6,580 7,900 7,100 7,740 3,700 6,600
2,320 2,100 3,100 1,820 2,190
4,240 4,000 4,750 4,260 4,700 2,770
5.1 4.2 3.9 4.4 7.3
21.2 1.0 5.9 3.8 3.0 2.5 9.9
7.8 7.1 8.3 7.0
7.7 6.8 7.6 9.5 8.8 3.9
9.4
10.5 11.1
5.8 9.0
2.4 2.0 1.7 3.9 1.7 2.6
See footnote(s) at end of table. --continued
Land Values 2021 Summary (August 2021) 9 USDA, National Agricultural Statistics Service
Farm Real Estate Average Value per Acre – Regions, States, and United States: 2017-2021 (continued)
Region and State 2017 2018 2019 2020 2021 Change
2020-2021
(dollars) (dollars) (dollars) (dollars) (dollars) (percent)
Southeast ........................................... Alabama ......................................... Florida ............................................ Georgia .......................................... South Carolina ............................... Delta States ....................................... Arkansas ........................................ Louisiana ....................................... Mississippi ..................................... Southern Plains ................................. Oklahoma ...................................... Texas ............................................. Mountain ............................................ Arizona 1 ........................................ Colorado ........................................ Idaho .............................................. Montana ......................................... Nevada 1 ........................................ New Mexico 1 ................................. Utah 1 ............................................. Wyoming ........................................ Pacific ................................................. California ........................................ Oregon ........................................... Washington .................................... United States 2 ...................................
3,990 2,910 5,860 3,560 3,240
2,920 3,110 2,960 2,660
1,880 1,750 1,920
1,170 3,770 1,540 2,730
917 1,020
558 2,230
712
5,440 8,970 2,360 2,760
3,030
4,050 2,980 5,900 3,510 3,310
3,000 3,160 3,040 2,740
2,000 1,800 2,050
1,200 3,780 1,560 2,870
916 1,020
565 2,310
726
5,610 9,350 2,430 2,840
3,100
4,090 3,100 5,950 3,470 3,400
3,100 3,320 3,120 2,800
2,070 1,870 2,120
1,220 3,800 1,570 3,000
915 1,020
570 2,420
740
5,900 10,000
2,500 2,820
3,160
4,120 3,150 5,900 3,500 3,500
3,130 3,350 3,160 2,820
2,110 1,890 2,170
1,240 3,850 1,590 3,110
915 1,000
575 2,450
750
5,910 10,000
2,530 2,760
3,160
4,230 3,200 6,020 3,670 3,600
3,180 3,390 3,220 2,860
2,300 2,020 2,380
1,280 3,900 1,610 3,350
930 1,010
600 2,620
790
6,420 10,900
2,790 2,900
3,380
2.7 1.6 2.0 4.9 2.9
1.6 1.2 1.9 1.4
9.0 6.9 9.7
3.2 1.3 1.3 7.7 1.6 1.0 4.3 6.9 5.3
8.6 9.0
10.3 5.1
7.0
1 Excludes American Indian Reservation land. 2 Excludes Alaska and Hawaii.
10 Land Values 2021 Summary (August 2021) USDA, National Agricultural Statistics Service
Cropland Average Value per Acre – Regions, States, and United States: 2017-2021
Region and State 2017 2018 2019 2020 2021 Change
2020-2021
(dollars) (dollars) (dollars) (dollars) (dollars) (percent)
Northeast ............................................ Delaware ........................................ Maryland ........................................ New Jersey .................................... New York ........................................ Pennsylvania ................................. Other States 1 ................................ Lake States ........................................ Michigan ......................................... Minnesota ....................................... Wisconsin ....................................... Corn Belt ............................................ Illinois ............................................. Indiana ............................................ Iowa ................................................ Missouri .......................................... Ohio ................................................ Northern Plains .................................. Kansas ........................................... Nebraska ........................................ North Dakota .................................. South Dakota ................................. Appalachian ....................................... Kentucky ........................................ North Carolina ................................ Tennessee ..................................... Virginia ........................................... West Virginia ..................................
5,700 7,960 7,050
13,600 2,740 6,470 7,630
4,840 4,580 4,920 4,870
6,380 7,210 6,300 7,440 3,560 6,150
2,760 2,010 4,430 1,890 3,200
4,070 4,140 4,090 3,730 4,730 3,250
5,940 8,120 7,280
13,700 2,800 6,890 7,650
4,810 4,510 4,950 4,740
6,370 7,280 6,210 7,290 3,490 6,320
2,740 2,060 4,380 1,870 3,120
4,140 4,250 4,130 3,830 4,760 3,250
6,040 8,600 7,370
13,700 2,810 7,030 7,900
4,760 4,500 4,810 4,850
6,360 7,300 6,210 7,260 3,490 6,400
2,790 2,160 4,390 1,920 3,130
4,190 4,300 4,180 3,910 4,720 3,280
6,070 8,600 7,380
13,800 2,800 7,100 7,900
4,730 4,480 4,800 4,770
6,350 7,300 6,210 7,170 3,530 6,460
2,740 2,080 4,360 1,930 3,030
4,240 4,400 4,180 3,990 4,680 3,270
6,490 8,600 7,960
14,800 2,910 7,600 8,770
5,160 4,700 5,270 5,280
6,880 7,900 6,800 7,810 3,810 6,800
3,070 2,370 4,960 2,060 3,390
4,350 4,510 4,290 4,130 4,790 3,330
6.9 -
7.9 7.2 3.9 7.0
11.0
9.1 4.9 9.8
10.7
8.3 8.2 9.5 8.9 7.9 5.3
12.0 13.9 13.8
6.7 11.9
2.6 2.5 2.6 3.5 2.4 1.8
See footnote(s) at end of table. --continued
Land Values 2021 Summary (August 2021) 11 USDA, National Agricultural Statistics Service
Cropland Average Value per Acre – Regions, States, and United States: 2017-2021 (continued)
Region and State 2017 2018 2019 2020 2021 Change
2020-2021
(dollars) (dollars) (dollars) (dollars) (dollars) (percent)
Southeast ........................................... Alabama ......................................... Florida ............................................ Georgia .......................................... South Carolina ............................... Delta States ....................................... Arkansas ........................................ Louisiana ....................................... Mississippi ..................................... Southern Plains ................................. Oklahoma ...................................... Texas ............................................. Mountain ............................................ Arizona 2 ........................................ Colorado ........................................ Idaho .............................................. Montana ......................................... Nevada 2 ........................................ New Mexico 2 ................................. Utah 2 ............................................. Wyoming ........................................ Pacific ................................................. California ........................................ Oregon ........................................... Washington .................................... United States 3 ...................................
4,060 3,170 6,940 3,430 2,700
2,770 2,730 2,700 2,900
1,780 1,590 1,850
1,860 7,720 2,070 3,570 1,010
(D) 1,560 3,690 1,460
6,650
11,630 2,920 2,660
4,030
4,160 3,300 7,040 3,430 2,790
2,840 2,780 2,790 3,000
1,820 1,630 1,890
1,910 7,610 2,100 3,740 1,020
(D) 1,580 3,830 1,490
6,830
12,170 3,000 2,630
4,050
4,120 3,430 7,190 3,210 2,830
2,920 2,850 2,880 3,080
1,860 1,670 1,930
1,980 7,600 2,160 3,930 1,040
(D) 1,550 3,970 1,520
7,190
12,830 3,080 2,630
4,100
4,180 3,500 7,190 3,320 2,830
2,960 2,880 2,930 3,100
1,930 1,690 2,030
2,010 7,650 2,200 4,070 1,030
(D) 1,600 4,040 1,540
7,240
12,900 3,120 2,610
4,100
4,290 3,550 7,300 3,480 2,900
3,010 2,930 2,980 3,150
2,050 1,810 2,150
2,100 7,700 2,240 4,450 1,050
(D) 1,660 4,190 1,600
7,740
13,860 3,310 2,700
4,420
2.6 1.4 1.5 4.8 2.5
1.7 1.7 1.7 1.6
6.2 7.1 5.9
4.5 0.7 1.8 9.3 1.9 (X) 3.8 3.7 3.9
6.9 7.4 6.1 3.4
7.8
- Represents zero. (D) Withheld to avoid disclosing data for individual operations. (X) Not applicable. 1 Includes: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. 2 Excludes American Indian Reservation land. 3 Excludes Alaska and Hawaii.
12 Land Values 2021 Summary (August 2021) USDA, National Agricultural Statistics Service
Irrigated and Non-Irrigated Cropland Average Value per Acre – States: 2017-2021 [Only states with significant irrigated acreage appear in this table]
Region, State, and Land type
2017 2018 2019 2020 2021 Change
2020-2021
(dollars) (dollars) (dollars) (dollars) (dollars) (percent)
Corn Belt Missouri, all cropland ........................................ Irrigated ....................................................... Non-irrigated ............................................... Northern Plains Kansas, all cropland ......................................... Irrigated ....................................................... Non-irrigated ............................................... Nebraska, all cropland ..................................... Irrigated ....................................................... Non-irrigated ............................................... South Dakota, all cropland ............................... Irrigated ....................................................... Non-irrigated ............................................... Southeast Florida, all cropland .......................................... Irrigated ....................................................... Non-irrigated ............................................... Georgia, all cropland ........................................ Irrigated ....................................................... Non-irrigated ............................................... Delta States Arkansas, all cropland ...................................... Irrigated ....................................................... Non-irrigated ............................................... Louisiana, all cropland ..................................... Irrigated ....................................................... Non-irrigated ............................................... Mississippi, all cropland ................................... Irrigated ....................................................... Non-irrigated ............................................... Southern Plains Oklahoma, all cropland .................................... Irrigated ....................................................... Non-irrigated ............................................... Texas, all cropland ........................................... Irrigated ....................................................... Non-irrigated ...............................................
3,560 4,940 3,450
2,010 2,910 1,910
4,430 6,010 3,450
3,200
(D) 3,180
6,940 7,860 6,070
3,430 4,080 3,190
2,730 3,230 1,960
2,700 2,660 2,710
2,900 3,440 2,640
1,590 (D)
1,580
1,850 2,020 1,820
3,490 4,770 3,380
2,060 2,980 1,960
4,380 5,930 3,430
3,120
(D) 3,100
7,040 7,980 6,160
3,430 4,560 3,020
2,780 3,290 1,990
2,790 2,750 2,810
3,000 3,580 2,720
1,630 (D)
1,610
1,890 2,160 1,840
3,490 4,770 3,350
2,160 3,320 2,050
4,390 5,850 3,490
3,130
(D) 3,100
7,190 8,160 6,280
3,210 4,030 2,870
2,850 3,340 2,060
2,880 2,820 2,900
3,080 3,620 2,770
1,670 (D)
1,650
1,930 2,230 1,880
3,530 4,700 3,400
2,080 3,270 1,970
4,360 5,820 3,460
3,030
(D) 3,000
7,190 8,150 6,300
3,320 4,100 3,000
2,880 3,360 2,100
2,930 2,840 2,960
3,100 3,650 2,780
1,690 (D)
1,670
2,030 2,360 1,980
3,810 4,800 3,700
2,370 3,700 2,250
4,960 6,530 3,990
3,390
(D) 3,360
7,300 8,350 6,320
3,480 4,350 3,130
2,930 3,420 2,130
2,980 2,880 3,020
3,150 3,700 2,830
1,810 (D)
1,790
2,150 2,540 2,090
7.9 2.1 8.8
13.9 13.1 14.2
13.8 12.2 15.3
11.9
(X) 12.0
1.5 2.5 0.3
4.8 6.1 4.3
1.7 1.8 1.4
1.7 1.4 2.0
1.6 1.4 1.8
7.1 (X) 7.2
5.9 7.6 5.6
See footnote(s) at end of table. --continued
Land Values 2021 Summary (August 2021) 13 USDA, National Agricultural Statistics Service
Irrigated and Non-Irrigated Cropland Average Value per Acre – States: 2017-2021 (continued) [Only states with significant irrigated acreage appear in this table]
Region, State, and Land type
2017 2018 2019 2020 2021 Change
2020-2021
(dollars) (dollars) (dollars) (dollars) (dollars) (percent)
Mountain Arizona, all cropland 1 ............................................... Irrigated ............................................................... Colorado, all cropland ............................................... Irrigated ............................................................... Non-irrigated ........................................................ Idaho, all cropland ..................................................... Irrigated ............................................................... Non-irrigated ........................................................ Montana, all cropland ................................................ Irrigated ............................................................... Non-irrigated ........................................................ Nevada, all cropland 1 ............................................... Irrigated ............................................................... New Mexico, all cropland 1 ....................................... Irrigated ............................................................... Non-irrigated ........................................................ Utah, all cropland 1 .................................................... Irrigated ............................................................... Non-irrigated ........................................................ Wyoming, all cropland ............................................... Irrigated ............................................................... Non-irrigated ........................................................ Pacific California, all cropland .............................................. Irrigated ............................................................... Non-irrigated ........................................................ Oregon, all cropland .................................................. Irrigated ............................................................... Non-irrigated ........................................................ Washington, all cropland .......................................... Irrigated ............................................................... Non-irrigated ........................................................
7,720 7,720
2,070 4,950 1,360
3,570 5,410 1,530
1,010 2,970
827
(D) (D)
1,560 4,140
463
3,690 5,930 1,270
1,460 2,340
820
11,630 13,700
4,740
2,920 4,950 2,170
2,660 8,000 1,270
7,610 7,610
2,100 5,050 1,370
3,740 5,690 1,590
1,020 2,990
836
(D) (D)
1,580 4,190
469
3,830 6,160 1,320
1,490 2,390
836
12,170 14,300
5,090
3,000 5,180 2,200
2,630 7,930 1,260
7,600 7,600
2,160 5,100 1,370
3,930 6,020 1,650
1,040 3,010
835
(D) (D)
1,550 4,200
475
3,970 6,360 1,400
1,520 2,430
840
12,830 15,100
5,400
3,080 5,290 2,220
2,630 7,690 1,260
7,650 7,650
2,200 5,300 1,370
4,070 6,210 1,720
1,030 3,000
825
(D) (D)
1,600 4,370
475
4,040 6,440 1,470
1,540 2,470
840
12,900 15,200
5,400
3,120 5,430 2,220
2,610 7,650 1,240
7,700 7,700
2,240 5,400 1,400
4,450 6,800 1,890
1,050 3,050
835
(D) (D)
1,660 4,550
485
4,190 6,650 1,550
1,600 2,550
890
13,860 16,300
5,900
3,310 5,800 2,340
2,700 7,800 1,310
0.7 0.7
1.8 1.9 2.2
9.3 9.5 9.9
1.9 1.7 1.2
(X) (X)
3.8 4.1 2.1
3.7 3.3 5.4
3.9 3.2 6.0
7.4 7.2 9.3
6.1 6.8 5.4
3.4 2.0 5.6
(D) Withheld to avoid disclosing data for individual operations. (X) Not applicable. 1 Excludes American Indian Reservation land.
14 Land Values 2021 Summary (August 2021) USDA, National Agricultural Statistics Service
Pasture Average Value per Acre – Regions, States, and United States: 2017-2021
Region and State 2017 2018 2019 2020 2021 Change
2020-2021
(dollars) (dollars) (dollars) (dollars) (dollars) (percent)
Northeast ............................................ Maryland ........................................ New Jersey .................................... New York ........................................ Pennsylvania ................................. Other States 1 ................................ Lake States ........................................ Michigan ......................................... Minnesota ....................................... Wisconsin ....................................... Corn Belt ............................................ Illinois ............................................. Indiana ............................................ Iowa ................................................ Missouri .......................................... Ohio ................................................ Northern Plains .................................. Kansas ........................................... Nebraska ........................................ North Dakota .................................. South Dakota ................................. Appalachian ....................................... Kentucky ........................................ North Carolina ................................ Tennessee ..................................... Virginia ........................................... West Virginia ..................................
3,640 6,580
13,100 1,480 3,020 6,160
2,050 2,620 1,740 2,200
2,260 3,240 2,430 2,850 1,830 3,240
1,020 1,310
904 804
1,020
3,500 2,970 4,840 3,670 4,150 2,100
3,770 (D)
13,300 1,560 3,140 6,410
2,080 2,600 1,750 2,260
2,320 3,200 2,430 2,790 1,920 3,370
1,040 1,320
975 776
1,040
3,530 3,000 4,830 3,870 4,050 2,090
3,870 (D)
13,400 1,530 3,290 6,530
2,080 2,590 1,700 2,310
2,330 3,170 2,450 2,720 1,980 3,350
1,090 1,390 1,050
820 1,050
3,540 3,030 4,810 3,860 4,020 2,120
3,900 (D)
13,300 1,540 3,370 6,520
2,050 2,600 1,680 2,250
2,340 3,200 2,400 2,690 2,000 3,370
1,080 1,370 1,040
790 1,050
3,550 3,050 4,780 3,880 4,000 2,150
4,030 (D)
13,400 1,580 3,440 6,870
2,250 2,740 1,830 2,520
2,520 3,400 2,490 3,020 2,160 3,440
1,130 1,500 1,080
840 1,060
3,620 3,080 4,850 4,000 4,060 2,200
3.3 (X) 0.8 2.6 2.1 5.4
9.8 5.4 8.9
12.0
7.7 6.3 3.8
12.3 8.0 2.1
4.6 9.5 3.8 6.3 1.0
2.0 1.0 1.5 3.1 1.5 2.3
See footnote(s) at end of table. --continued
Land Values 2021 Summary (August 2021) 15 USDA, National Agricultural Statistics Service
Pasture Average Value per Acre – Regions, States, and United States: 2017-2021 (continued)
Region and State 2017 2018 2019 2020 2021 Change
2020-2021
(dollars) (dollars) (dollars) (dollars) (dollars) (percent)
Southeast ........................................... Alabama ......................................... Florida ............................................ Georgia .......................................... South Carolina ............................... Delta States ....................................... Arkansas ........................................ Louisiana ....................................... Mississippi ..................................... Southern Plains ................................. Oklahoma ...................................... Texas ............................................. Mountain ............................................ Arizona 2 ........................................ Colorado ........................................ Idaho .............................................. Montana ......................................... Nevada 2 ........................................ New Mexico 2 ................................. Utah 2 ............................................. Wyoming ........................................ Pacific ................................................. California ........................................ Oregon ........................................... Washington .................................... United States 3 ...................................
4,030 2,360 5,240 3,570 3,180
2,480 2,460 2,660 2,350
1,490 1,350 1,520
647 (D)
818 1,420
658 (D)
379 1,130
550
1,680 2,780
715 782
1,330
4,180 2,470 5,380 3,660 3,260
2,550 2,530 2,750 2,410
1,540 1,380 1,570
667 (D)
835 1,490
667 (D)
394 1,160
561
1,680 2,810
728 766
1,370
4,180 2,590 5,360 3,730 3,240
2,620 2,610 2,830 2,430
1,620 1,460 1,660
683 (D)
845 1,560
680 (D)
417 1,240
575
1,750 3,010
750 766
1,400
4,230 2,600 5,400 3,820 3,300
2,650 2,650 2,870 2,450
1,640 1,480 1,680
687 (D)
845 1,610
680 (D)
420 1,240
580
1,750 3,000
760 740
1,400
4,360 2,650 5,530 4,060 3,350
2,700 2,700 2,950 2,480
1,760 1,600 1,800
717 (D)
875 1,700
700 (D)
440 1,370
610
1,820 3,100
830 750
1,480
3.1 1.9 2.4 6.3 1.5
1.9 1.9 2.8 1.2
7.3 8.1 7.1
4.4 (X) 3.6 5.6 2.9 (X) 4.8
10.5 5.2
4.0 3.3 9.2 1.4
5.7
(D) Withheld to avoid disclosing data for individual operations. (X) Not applicable. 1 Includes: Connecticut, Delaware, Maine, Maryland (beginning in 2018), Massachusetts, New Hampshire, Rhode Island, and Vermont. 2 Excludes American Indian Reservation land. 3 Excludes Alaska and Hawaii.
16 Land Values 2021 Summary (August 2021) USDA, National Agricultural Statistics Service
Value of Farmland and Buildings – States and United States: 2016-2020 [Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms]
Region and State
Total value of land and buildings
2016 2017 2018 2019 2020 Change
2019-2020
(million dollars) (million dollars) (million dollars) (million dollars) (million dollars) (percent)
Northeast Connecticut .................................... Delaware ........................................ Maine .............................................. Maryland ........................................ Massachusetts ............................... New Hampshire ............................. New Jersey .................................... New York ........................................ Pennsylvania ................................. Rhode Island .................................. Vermont .......................................... Lake States Michigan ......................................... Minnesota ....................................... Wisconsin ....................................... Corn Belt Illinois ............................................. Indiana ............................................ Iowa ................................................ Missouri .......................................... Ohio ................................................ Northern Plains Kansas ........................................... Nebraska ........................................ North Dakota .................................. South Dakota ................................. Appalachian Kentucky ........................................ North Carolina ................................ Tennessee ..................................... Virginia ........................................... West Virginia ..................................
4,641 4,311 2,873
14,940 5,350 1,982 9,709
21,770 42,486
876 4,080
48,020 122,624
65,088
197,100 101,767 225,522
89,838 83,580
87,478 130,050
68,775 94,827
46,020 38,675 41,093 35,313
9,432
4,598 4,373 3,081
15,240 5,292 2,090 9,782
21,804 44,019
894 4,164
48,412 124,185
69,641
193,320 98,700
224,910 86,736 84,140
86,562 126,900
68,382 90,720
47,840 38,472 41,856 35,802
9,768
4,674 4,457 3,081
15,720 5,450 2,107
10,125 22,287 45,625
912 4,248
48,608 123,675
70,070
196,560 98,700
222,462 93,626 86,180
84,730 123,750
67,203 89,424
48,633 38,976 42,728 36,036
9,540
4,636 4,744 3,133
16,120 5,550 2,141
10,125 22,425 47,231
936 4,356
48,608 123,420
70,785
196,560 98,042
220,014 93,840 85,544
89,572 127,965
68,382 89,424
49,278 39,312 43,092 36,270
9,380
4,560 4,744 3,237
16,160 5,650 2,150
10,200 21,735 48,180
960 4,260
48,510 122,936
69,355
199,800 97,680
216,342 93,500 86,360
86,830 125,271
67,596 86,832
50,568 39,228 44,280 36,036
9,450
-1.6
- 3.3 0.2 1.8 0.4 0.7
-3.1 2.0 2.6
-2.2
-0.2 -0.4 -2.0
1.6 -0.4 -1.7 -0.4 1.0
-3.1 -2.1 -1.1 -2.9
2.6 -0.2 2.8
-0.6 0.7
See footnote(s) at end of table. --continued
Land Values 2021 Summary (August 2021) 17 USDA, National Agricultural Statistics Service
Value of Farmland and Buildings – States and United States: 2016-2020 (continued) [Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms]
Region and State
Total value of land and buildings
2016 2017 2018 2019 2020 Change
2019-2020
(million dollars) (million dollars) (million dollars) (million dollars) (million dollars) (percent)
Southeast Alabama ......................................... Florida ............................................ Georgia .......................................... South Carolina ............................... Delta States Arkansas ........................................ Louisiana ....................................... Mississippi ..................................... Southern Plains Oklahoma ...................................... Texas ............................................. Mountain Arizona 1 ........................................ Colorado ........................................ Idaho .............................................. Montana ......................................... Nevada 1 ........................................ New Mexico 1 ................................. Utah 1 ............................................. Wyoming ........................................ Pacific California ........................................ Oregon ........................................... Washington .................................... United States 2 ...................................
24,252 52,896 34,100 15,264
41,700 22,960 27,195
57,967 234,600
24,929 47,550 30,044 52,443
5,829 20,586 15,512 20,481
200,384 35,840 39,396
2,602,148
25,026 56,842 35,600 15,228
43,229 23,680 27,664
59,850 243,840
26,058 48,972 31,941 53,278
5,722 20,977 15,983 20,648
219,765 37,760 40,572
2,644,318
25,330 57,230 35,451 15,888
43,924 24,320 28,496
61,560 260,350
26,493 49,608 33,292 53,128
5,722 21,100 16,290 21,054
227,205 38,880 41,748
2,686,656
25,730 57,715 35,394 16,320
46,480 24,960 29,120
64,328 268,180
26,608 49,926 34,500 53,070
5,722 20,982 17,019 21,460
243,000 39,500 41,172
2,732,071
26,145 57,230 35,700 16,800
46,900 25,280 29,328
65,016 273,420
26,895 50,562 35,765 53,070
5,616 21,147 17,217 21,750
243,000 39,974 40,296
2,733,521
1.6
-0.8 0.9 2.9
0.9 1.3 0.7
1.1 2.0
1.1 1.3 3.7
- -1.9 0.8 1.2 1.4
- 1.2
-2.1
0.1
- Represents zero. 1 Value of all land and buildings adjusted to include American Indian Reservation land value. 2 Excludes Alaska and Hawaii.
18 Land Values 2021 Summary (August 2021) USDA, National Agricultural Statistics Service
Economic Regions:
Northeast: ................... Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont.
Lake States: ................ Michigan, Minnesota, Wisconsin.
Corn Belt:.................... Illinois, Indiana, Iowa, Missouri, Ohio.
Northern Plains: ......... Kansas, Nebraska, North Dakota, South Dakota.
Appalachian: ............... Kentucky, North Carolina, Tennessee, Virginia, West Virginia.
Southeast:.................... Alabama, Florida, Georgia, South Carolina.
Delta States: ................ Arkansas, Louisiana, Mississippi.
Southern Plains: ......... Oklahoma, Texas.
Mountain: ................... Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, Wyoming.
Pacific:......................... California, Oregon, Washington.
Land Values 2021 Summary (August 2021) 19 USDA, National Agricultural Statistics Service
Statistical Methodology Survey Procedures: The estimates of land values in this report are based primarily on the June Area Survey, conducted
during the first two weeks of June. This annual survey uses a complete, probability-based land-area sampling frame. A
sample of approximately 9,000 segments of land is selected, each approximately one square mile in size.
Enumerators collecting data for the June Area Survey contact all agricultural producers operating land within the
boundaries of the sampled land segments and record land value information for cropland and pasture within these segments. They also collect an estimated value of all land and buildings for the operator’s entire farming operation and the
estimated percent change from the previous year.
Survey reported data are reviewed for reasonableness and consistency by comparing with other data reported in the survey
and with data reported within the segment the previous year.
Estimating Procedures: Once the data are summarized, each Regional Field Office (RFO) conducts an analysis of the
summarized indications and any other available information for their States. RFOs then set estimates for land values and
submit these recommendations along with their assessment of survey and other administrative information to the Agricultural Statistics Board (ASB).
Survey data are also summarized for Regional and National levels and reviewed independently of each State’s review. National targets are established by the ASB. After RFO recommendations are submitted, the ASB reviews the RFO
estimates and supporting comments, and any conflicts with targeted National levels are resolved.
The Regional and United States estimates are weighted by the amount of cropland and pasture in each State, based on the
most recent Census of Agriculture. For the purposes of this report, cropland pastured is defined as cropland.
Published Estimates: State averages are not published for States with limited reports to ensure confidentiality of
individual operations. While the June Area Survey is the primary source of data for the estimates, supplemental survey
data and potential previous year revisions are also considered, as described in the more detailed NASS Land Values Methodology and Quality Measures publication. As such, the estimates reflect an average of land values for the year.
Revision Policy: For non-census years, land values are subject to an annual revision the following year. After the 5-year Census of Agriculture is completed, land value estimates for the non-census years are subject to a final historic revision.
The basis for revision must be supported by additional data that directly affect the level of the estimate.
20 Land Values 2021 Summary (August 2021) USDA, National Agricultural Statistics Service
Terms and Definitions
Farm: Any establishment from which $1,000 or more of agricultural products were sold or would normally be sold during the year. Government payments are included in sales.
Farm real estate value: The value at which all land and buildings used for agricultural production, including dwellings, could be sold under current market conditions, if allowed to remain on the market for a reasonable amount of time.
Cropland value: The value of land used to grow field crops, vegetables, or land harvested for hay. Land that switches back and forth between cropland and pasture should be valued as cropland. Hay land, idle cropland, and cropland enrolled
in government conservation programs should be valued as cropland.
Irrigated cropland value: The value of cropland that normally receives or has the potential to receive water by artificial
means to supplement natural rainfall. Irrigated cropland may consist of both land that will or will not be irrigated during
the current year, but still has the facilities and equipment to do so. Irrigation facilities and equipment such as wells, pumps, canals, ditches, reservoirs, lakes, tanks, ponds, rivers, streams or creeks are usually present or on nearby acres.
Non-irrigated cropland value: The value of cropland that only receives water by natural rainfall.
Pasture, grazing, and grassland value: The value of land that is normally grazed by livestock. Pasture does not need to
have livestock grazing on it at the time of interview or during the current year in order to be valued as pasture or grazing land.
Land Values 2021 Summary (August 2021) 21 USDA, National Agricultural Statistics Service
Information Contacts
Listed below are the commodity statisticians in the Environmental, Economics, and Demographics Branch of the National
Agricultural Statistics Service to contact for additional information. E-mail inquiries may be sent to [email protected].
Tony Dorn, Chief, Environmental, Economics, and Demographics Branch .................................................. (202) 720-6146
Bruce Boess, Head, Economics Section ....................................................................................................... (202) 720-4447
Stephanie Brennan – Farm Production Expenditures.............................................................................. (202) 690-0392 Kuan Chen – Prices, Prices Indexes, Parity Prices ................................................................................. (202) 690-3347
Doug Farmer – Chemical Use, Land Values .......................................................................................... (202) 690-3229
Zoe Johnson – Cash Receipts, Farm Production Expenditures ............................................................... (202) 720-5446 Thomas Laidley – Prices Received Indexes, Parity Prices ...................................................................... (202) 221-9280
Michael Mathison – Cash Rents, Farms, Land in Farms, Grazing Fees .................................................. (202) 720-3243
Max Reason – Prices Received Indexes, Parity Prices, Prices Paid Indexes ........................................... (202) 720-8844 Theresa Varner – Farm Labor ................................................................................................................ (202) 690-3231
Released August 6, 2021, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board,
United States Department of Agriculture (USDA).
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If you wish to file a Civil Rights program complaint of discrimination, complete the USDA Program Discrimination
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