NORTH CAROLINA FACT SHEET For FAX, call 202-219-1107 for # 5534 As of 01-Nov-94 POPULATION, EMPLOYMENT, AND INCOME State Metro Nonmetro Population 1980 5,898,200 3,761,200 2,137,100 1990 6,653,300 4,394,900 2,258,400 Latest(1992) 6,836,300 4,535,200 2,301,100 Per-capita income 1991 16802 17886 14675 1992 17863 19045 15534 Change 6.3% 6.5% 5.9% Earnings per job 1991 22030 23187 19172 1992 23244 24524 20066 Change 5.5% 5.8% 4.7% Poverty rate 1980 14.8 12.7 18.3 1990 13.0 11.1 16.5 Change -12.2% -12.2% -12.2% Unemployment Rate 1992 5.9 5.3 7.3 1993 4.9 4.3 6.2 Change -16.9% -18.9% -15.1% Percent employment change 1990-91 -0.4 -0.2 -0.8 1991-92 0.9 0.8 1.2 1992-93 1.4 2.6 -1.1 Percent of 1991 employment in farm and farm related jobs: Total 21.6 18.5 29.5 Production 2.8 1.7 5.6 Farm Inputs 0.3 0.1 0.6 Proc. & Mark. 8.3 6.4 13.0 Whol.& Retail 9.7 9.7 9.6 FARM CHARACTERISTICS 1987 Census of Agriculture TOTAL LAND AREA (million acres) 31.3 TOTAL FARMLAND (million acres) 9.4 of total land area 30.2% CROPLAND (million acres) 5.7 of total farmland 60.5% irrigated 2.4% in pasture 13.7% in Fed. farm program 7.4% in Conservation Reserve 0.5% WOODLAND (million acres) 2.8 of total farmland 29.1% in pasture 20.4% PASTURELAND (million acres) 0.5 of total farmland 5.0% OTHER LAND (million acres) 0.5 of total farmland 5.3% AVERAGE FARM SIZE (acres) 159.4 FARMS BY SIZE 1 to 99 acres 61.7% 100 to 499 acres 31.6% 500 to 999 acres 4.5% 1,000 to 1,999 acres 1.6% 2,000 or more acres 0.5% FARMS BY SALES Less than $50,000 79.1% $50,000 to $99,999 7.2% $100,000 to $499,999 11.9% More than $500,000 1.8% TENURE OF FARMERS Full owner (farms) 34,664 Percent of total 58.5% Part owner (farms) 18,874 Percent of total 31.8% Tenant (farms) 5,746 Percent of total 9.7% FARM ORGANIZATION Individuals/family corporations (farm 53,617 Percent of total 90.4% Partnerships (farms) 5,238 Percent of total 8.8% Non-family corporations (farms) 136 Percent of total 0.2% Others (farms) 293 Percent of total 0.5% Avg. Operator Age (yrs.) 53 Perc. w/ farming as their 51.8% principal occupation FARM FINANCIAL INDICATORS Farm Income and Balance Sheet Statement Year 1992 1993 Number of farms 60000 59000 Million $ Gross farm income 6175.1 6471.6 Gross cash income 5900.1 6292.5 Farm marketings 5177.3 5456.5 Crops 2378.8 2255.9 Livestock 2798.5 3200.6 Government payments 74.8 132.4 Farm-related income 648.0 703.5 Noncash income 189.3 190.5 Inventory adjustment 85.8 -11.3 Total production exps. 3678.0 3982.2 NET FARM INCOME 2497.1 2489.5 Gross cash income 5900.1 6292.5 Cash expenses 3234.7 3540.8 NET CASH INCOME 2665.4 2751.6 FARM ASSETS 14796.4 14412.1 Real estate 10522.9 10731.0 Nonreal estate 4273.5 3681.1 FARM DEBT 2623.3 2699.8 Real estate 1386.9 1399.4 Nonreal estate 1236.3 1300.4 EQUITY 12173.1 11712.3 RATIOS Ratios Debt/equity 21.5 23.1 Debt/assets 17.7 18.7 TOP 5 AGRICULTURE COMMODITIES, 1993 % of State's % of US Commodity Total Receipts Tot.Val. 1. Tobacco 18.8 34.9 2. Broilers 18.4 9.6 3. Hogs 16.8 8.4 4. Turkeys 9.5 20.7 5. Greenhouse and nursery 6.1 3.6 All Commodities 100.0 3.1 TOP 5 AGRICULTURE EXPORTS, ESTIMATES, 1993 Rank Among States Value Commodity Million $ 1. Tobacco 1 602.2 2. Poultry and products 3 150.1 3. Soybeans and products 14 101.9 4. Wheat and products 19 60.3 5. Other 20 53.6 Overall 14 1,102.5 TOP 5 COUNTIES IN AGRICULTURAL SALES 1987 1. DUPLIN 2. SAMPSON 3. UNION 4. WAYNE 5. WILKES DATA SOURCES: - Local Area Unemployment Statistics, county data, Bureau of Labor Statistics. - Regional Economic Information System, May 1992, Bureau of Economic Analysis, U.S. Department of Commerce. - 1990 Census of Population, Bureau of the Census, U.S. Department of Commerce. - Economic Indicators of the Farm Sector: State Financial Summary, Economic Research Service, USDA. Contact People: Tom Carlin Tim Parker Phone Number: 202-219-0520 202-219-0541 E-Mail Address: TCarlin@ERS.BITNET TParker@ERS.BITNET For Electronic File of Data: Send E-Mail to: LISTSERV@ERS.BITNET In the body of the note, type this command on a single line: GET NC DATA Or, if you would like to get our README file: GET README STATEFAC Prepared by: ECONOMIC RESEARCH SERVICE, USDA, Washington, DC