United States
Department of
Agriculture
National
Agricultural
Statistics
Service
ISSN: 1949-1867
Land Values
2022 Summary
August 2022
Land Values 2022 Summary (August 2022) 3
USDA, National Agricultural Statistics Service
Contents
Agricultural Land Values Highlights ...................................................................................................................................... 4
Average Farm Real Estate Value – United States: 2008-2022 Chart ..................................................................................... 5
2022 Farm Real Estate Value by State – Dollars per Acre and Percent Change from 2021 Map .......................................... 5
Average Cropland Value – United States: 2008-2022 Chart .................................................................................................. 6
2022 Cropland Value by State – Dollars per Acre and Percent Change from 2021 Map ....................................................... 6
Average Pasture Value – United States: 2008-2022 Chart ..................................................................................................... 7
2022 Pasture Value by State – Dollars per Acre and Percent Change from 2021 Map .......................................................... 7
Farm Real Estate Average Value per Acre – Regions, States, and United States: 2018-2022 ............................................... 8
Cropland Average Value per Acre – Regions, States, and United States: 2018-2022 .......................................................... 10
Irrigated and Non-Irrigated Cropland Average Value per Acre – States: 2018-2022........................................................... 12
Pasture Average Value per Acre – Regions, States, and United States: 2018-2022 ............................................................. 14
Value of Farmland and Buildings – States and United States: 2017-2021 ........................................................................... 16
Economic Regions ............................................................................................................................................................... 18
Statistical Methodology ........................................................................................................................................................ 19
Terms and Definitions ........................................................................................................................................................... 20
Information Contacts ............................................................................................................................................................ 21
4 Land Values 2022 Summary (August 2022)
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 $3,800
per acre for 2022, up $420 per acre (12.4 percent) from 2021. The United States cropland value averaged $5,050 per acre,
an increase of $630 per acre (14.3 percent) from the previous year. The United States pasture value averaged $1,650 per
acre, an increase of $170 per acre (11.5 percent) from 2021.
Land Values 2022 Summary (August 2022) 5
USDA, National Agricultural Statistics Service
2,170
2,090
2,150
2,300
2,520
2,730
2,940
3,000
2,990
3,030
3,100
3,160 3,160
3,380
3,800
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Dollars per acre
Average Farm Real Estate Value – United States: 2008-2022
USDA - NASS
August 5, 2022
6 Land Values 2022 Summary (August 2022)
USDA, National Agricultural Statistics Service
2,760
2,640
2,700
2,980
3,350
3,810
4,090
4,100
4,040
4,030
4,050
4,100 4,100
4,420
5,050
0
1,000
2,000
3,000
4,000
5,000
6,000
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Dollars per acre
Average Cropland Value – United States: 2008-2022
USDA - NASS
Land Values 2022 Summary (August 2022) 7
USDA, National Agricultural Statistics Service
1,090
1,060 1,060
1,070
1,110
1,170
1,290
1,310
1,320
1,330
1,370
1,400 1,400
1,480
1,650
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Dollars per acre
Average Pasture Value – United States: 2008-2022
USDA - NASS
August 5, 2022
8 Land Values 2022 Summary (August 2022)
USDA, National Agricultural Statistics Service
Farm Real Estate Average Value per Acre – Regions, States, and United States: 2018-2022
Region and State
2018
2019
2020
2021
2022
Change
2021-2022
(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 ...............................
5,550
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
6,490
13,700
9,800
2,860
9,700
15,200
5,350
15,400
3,450
7,350
17,500
4,200
5,960
5,850
6,150
5,700
7,560
8,900
8,000
9,400
4,150
7,200
2,780
2,630
3,750
2,050
2,600
4,620
4,350
5,150
4,700
5,100
3,000
8.2
9.6
5.4
10.0
11.9
10.9
5.9
6.9
5.5
8.1
6.7
7.7
13.7
10.4
17.4
9.8
14.9
12.7
12.7
21.4
12.2
9.1
19.8
25.2
21.0
12.6
18.7
9.0
8.8
8.4
10.3
8.5
8.3
See footnote(s) at end of table. --continued
Land Values 2022 Summary (August 2022) 9
USDA, National Agricultural Statistics Service
Farm Real Estate Average Value per Acre – Regions, States, and United States: 2018-2022 (continued)
Region and State
2018
2019
2020
2021
2022
Change
2021-2022
(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
.................................
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
4,580
3,400
6,600
3,960
3,800
3,340
3,550
3,410
3,000
2,560
2,250
2,650
1,390
4,200
1,770
3,700
1,030
1,060
610
2,810
850
7,040
12,000
3,040
3,100
3,800
8.3
6.3
9.6
7.9
5.6
5.0
4.7
5.9
4.9
11.3
11.4
11.3
8.6
7.7
9.9
10.4
10.8
5.0
1.7
7.3
7.6
9.7
10.1
9.0
6.9
12.4
1
Excludes American Indian Reservation land.
2
Excludes Alaska and Hawaii.
10 Land Values 2022 Summary (August 2022)
USDA, National Agricultural Statistics Service
Cropland Average Value per Acre – Regions, States, and United States: 2018-2022
Region and State
2018
2019
2020
2021
2022
Change
2021-2022
(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 ...............................
5,940
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
7,060
9,200
8,750
15,900
3,150
8,300
9,530
5,970
5,300
6,200
6,000
7,930
8,950
7,750
9,350
4,320
7,550
3,680
2,950
6,000
2,350
4,030
4,790
5,000
4,700
4,550
5,250
3,600
8.8
7.0
9.9
7.4
8.2
9.2
8.7
15.7
12.8
17.6
13.6
15.3
13.3
14.0
19.7
13.4
11.0
19.9
24.5
21.0
14.1
18.9
10.1
10.9
9.6
10.2
9.6
8.1
See footnote(s) at end of table. --continued
Land Values 2022 Summary (August 2022) 11
USDA, National Agricultural Statistics Service
Cropland Average Value per Acre – Regions, States, and United States: 2018-2022 (continued)
Region and State
2018
2019
2020
2021
2022
Change
2021-2022
(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
.................................
4,160
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
4,690
3,900
7,960
3,820
3,150
3,190
3,110
3,180
3,340
2,310
2,030
2,420
2,320
8,350
2,480
4,950
1,160
(D)
1,790
4,550
1,720
8,580
15,410
3,650
2,940
5,050
9.3
9.9
9.0
9.8
8.6
6.0
6.1
6.7
6.0
12.7
12.2
12.6
10.5
8.4
10.7
11.2
10.5
(X)
7.8
8.6
7.5
10.9
11.2
10.3
8.9
14.3
(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 2022 Summary (August 2022)
USDA, National Agricultural Statistics Service
Irrigated and Non-Irrigated Cropland Average Value per Acre – States: 2018-2022
[Only states with significant irrigated acreage appear in this table]
Region, State,
and Land type
2018
2019
2020
2021
2022
Change
2021-2022
(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 ...........................................
3,490
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
4,320
5,400
4,200
2,950
4,000
2,850
6,000
7,950
4,800
4,030
(D)
4,000
7,960
9,100
6,900
3,820
4,600
3,500
3,110
3,600
2,320
3,180
3,090
3,210
3,340
3,900
3,020
2,030
(D)
2,020
2,420
2,850
2,350
13.4
12.5
13.5
24.5
8.1
26.7
21.0
21.7
20.3
18.9
(X)
19.0
9.0
9.0
9.2
9.8
5.7
11.8
6.1
5.3
8.9
6.7
7.3
6.3
6.0
5.4
6.7
12.2
(X)
12.8
12.6
12.2
12.4
See footnote(s) at end of table. --continued
Land Values 2022 Summary (August 2022) 13
USDA, National Agricultural Statistics Service
Irrigated and Non-Irrigated Cropland Average Value per Acre – States: 2018-2022 (continued)
[Only states with significant irrigated acreage appear in this table]
Region, State,
and Land type
2018
2019
2020
2021
2022
Change
2021-2022
(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 ....................................................
7,610
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
8,350
8,350
2,480
5,750
1,600
4,950
7,550
2,100
1,160
3,500
910
(D)
(D)
1,790
4,900
520
4,550
7,250
1,650
1,720
2,750
940
15,410
18,100
6,600
3,650
6,350
2,600
2,940
8,400
1,450
8.4
8.4
10.7
6.5
14.3
11.2
11.0
11.1
10.5
14.8
9.0
(X)
(X)
7.8
7.7
7.2
8.6
9.0
6.5
7.5
7.8
5.6
11.2
11.0
11.9
10.3
9.5
11.1
8.9
7.7
10.7
(D) Withheld to avoid disclosing data for individual operations.
(X) Not applicable.
1
Excludes American Indian Reservation land.
14 Land Values 2022 Summary (August 2022)
USDA, National Agricultural Statistics Service
Pasture Average Value per Acre – Regions, States, and United States: 2018-2022
Region and State
2018
2019
2020
2021
2022
Change
2021-2022
(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 ...............................
3,770
(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
4,280
(D)
14,400
1,620
3,800
7,140
2,510
2,900
2,010
2,900
2,760
3,700
2,700
3,300
2,400
3,600
1,330
1,850
1,240
930
1,230
3,870
3,250
5,200
4,450
4,250
2,300
6.2
(X)
7.5
2.5
10.5
3.9
11.6
5.8
9.8
15.1
9.5
8.8
8.4
9.3
11.1
4.7
17.7
23.3
14.8
10.7
16.0
6.9
5.5
7.2
11.3
4.7
4.5
See footnote(s) at end of table. --continued
Land Values 2022 Summary (August 2022) 15
USDA, National Agricultural Statistics Service
Pasture Average Value per Acre – Regions, States, and United States: 2018-2022 (continued)
Region and State
2018
2019
2020
2021
2022
Change
2021-2022
(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
.................................
4,180
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
4,680
2,900
5,900
4,400
3,550
2,870
2,850
3,100
2,700
2,000
1,800
2,050
783
(D)
940
1,970
775
(D)
480
1,470
660
2,060
3,550
900
820
1,650
7.3
9.4
6.7
8.4
6.0
6.3
5.6
5.1
8.9
13.6
12.5
13.9
9.2
(X)
7.4
15.9
10.7
(X)
9.1
7.3
8.2
13.2
14.5
8.4
9.3
11.5
(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 2022 Summary (August 2022)
USDA, National Agricultural Statistics Service
Value of Farmland and Buildings – States and United States: 2017-2021
[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
2017
2018
2019
2020
2021
Change
2020-2021
(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 ...............................
4,598
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
4,750
4,929
3,380
17,340
6,850
2,172
10,800
22,563
49,640
984
4,680
51,410
133,096
73,698
213,300
105,080
236,070
101,750
89,100
95,970
138,880
71,526
94,608
51,600
39,425
45,582
36,190
9,695
4.2
3.9
4.4
7.3
21.2
1.0
5.9
3.8
3.0
2.5
9.9
6.0
8.3
6.3
6.8
7.6
9.1
8.8
3.2
10.5
10.9
5.8
9.0
2.0
0.5
2.9
0.4
2.6
See footnote(s) at end of table. --continued
Land Values 2022 Summary (August 2022) 17
USDA, National Agricultural Statistics Service
Value of Farmland and Buildings – States and United States: 2017-2021 (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
2017
2018
2019
2020
2021
Change
2020-2021
(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
.................................
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
26,240
58,394
37,434
17,280
47,460
25,760
29,744
69,488
299,880
27,183
51,198
38,525
53,847
5,669
21,972
18,344
22,910
263,780
43,803
42,050
2,916,029
0.4
2.0
4.9
2.9
1.2
1.9
1.4
6.9
9.7
1.1
1.3
7.7
1.5
0.9
3.9
6.5
5.3
8.6
9.6
4.4
6.7
1
Value of all land and buildings adjusted to include American Indian Reservation land value.
2
Excludes Alaska and Hawaii.
18 Land Values 2022 Summary (August 2022)
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 2022 Summary (August 2022) 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 2022 Summary (August 2022)
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 2022 Summary (August 2022) 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 nass@nass.usda.gov.
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
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
Ralph Mondesir – Prices Received Indexes, Parity Prices, Prices Paid Indexes ....................................... (202) 221-9297
Max Reason – Prices Received Indexes, Parity Prices, Prices Paid Indexes............................................. (202) 720-8844
Theresa Varner – Farm Labor ................................................................................................................... (202) 690-3231
Released August 5, 2022, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board,
United States Department of Agriculture (USDA).
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