Value of Nebraska Farm and Ranch Real Estate

An annual report of farm and ranch real estate values in Nebraska beginning in 1930. Price per acre is given as well as taxes per acre, and taxes per $100 of value.

VALUE OF FARM REAL ESTATE
Nebraska - 1930 to 2002

Year	Average Value Per Acre	Total Value of Buildings and Land (Thousands)
			Farm Real Estate Taxes Levied:
			Per Acre	Per $100 of Value	Total ($Mil)
1930	$56	$2,495,000	$0.44	$0.85	$19.7
1931	52	2,338,000	0.41	0.94	18.7
1932	44	2,015,000	0.35	1.01	16.0
1933	35	1,609,000	0.29	0.82	13.2
1934	35	1,625,000	0.28	0.81	12.8
1935	34	1,594,000	0.29	0.87	13.7
1936	34	1,587,000	0.29	0.90	13.6
1937	32	1,516,000	0.32	1.05	14.9
1938	30	1,421,000	0.32	1.17	15.3
1939	28	1,310,000	0.31	1.31	14.8
1940	24	1,138,000	0.30	1.35	14.3
1941	22	1,061,000	0.31	1.25	14.5
1942	24	1,157,000	0.30	1.09	14.0
1943	27	1,283,000	0.31	0.91	14.3
1944	33	1,580,000	0.33	0.88	15.4
1945	37	1,760,000	0.38	0.89	17.5
1946	42	1,992,000	0.42	0.88	19.7
1947	47	2,257,000	0.53	0.94	24.8
1948	56	2,649,000	0.55	0.88	25.7
1949	62	2,927,000	0.58	0.98	26.7
1950	58	2,789,000	0.64	1.09	29.6
1951	66	3,192,000	0.62	0.93	28.7
1952	72	3,477,000	0.60	0.79	27.7
1953	75	3,610,000	0.72	0.95	33.2
1954	70	3,386,000	0.73	1.02	33.6
1955	73	3,524,000	0.82	1.10	37.9
1956	73	3,523,000	0.87	1.17	40.2
1957	72	3,501,000	0.93	1.26	43.0
1958	79	3,839,000	0.94	1.17	43.8
1959	86	4,131,000	0.99	1.14	46.1
1960	89	4,308,000	1.11	1.22	51.6
1961	90	4,341,000	1.19	1.30	55.0
1962	95	4,598,000	1.21	1.26	56.1
1963	97	4,647,000	1.31	1.33	60.6
1964	105	5,055,000	1.32	1.25	61.0
1965	111	5,352,000	1.60	1.40	72.1
1966	120	5,805,000	1.79	1.46	81.4
1967	132	6,348,000	1.59	1.22	72.1
1968	143	6,882,000	1.72	1.23	77.4
1969	150	7,238,000	1.99	1.34	88.7
1970	154	7,407,000	2.04	1.31	90.6
1971	157	7,552,000	2.27	1.43	100.7
1972	170	8,177,000	2.45	1.42	108.5
1973	193	9,283,000	2.47	1.26	109.7
1974	242	11,640,000	2.48	1.00	115.5
1975	282	13,508,000	2.88	1.01	128.6
1976	363	17,366,000	3.29	0.89	146.9
1977	420	20,070,000	3.24	0.76	144.8
1978	412	19,702,000	3.92	0.94	175.2
1979	525	25,043,000	4.44	0.83	123.9
1980	635	30,289,000	4.90	0.75	218.0
1981	729	34,773,000	5.25	0.68	233.7
1982	730	34,675,000	5.38	0.70	238.5
1983	701	33,227,000	5.49	0.57	242.8
1984	645	30,444,000	5.74	0.68	252.0
1985	485	22,911,000	5.84	1.05	256.6
1986	416	19,629,000	5.50	1.24	241.3
1987	400	18,885,000	5.96	1.49	261.2
1988	457	21,525,000	6.27	1.37	274.4
1989	511	24,068,000	6.65	1.27	290.8
1990	524	24,680,000	7.43	1.35	325.2
1991	517	24,351,000	7.87	1.41	344.2
1992	517	24,351,000	8.06	1.42	352.8
1993	514	24,209,000	9.10	1.57	398.0
1994	562	26,485,000	9.74	1.53	426.0
1995	580	27,260,000	10.61	1.59	466.5
1996	610	28,670,000	NA	NA	NA
1997	620	28,768,000	NA	NA	NA
1998	645	29,928,000	NA	NA	NA
1999	670	31,088,000	10.09	1.21	495.6
2000	695	32,248,000	NA	NA	NA
2001	730	33,872,000	NA	NA	NA
2002	755	35,032,000	NA	NA	NA
NA - not available
Sources: Nebraska Agricultural Statistics Service, Nebraska Agricultural Statistics, 1998/99 , 2000;
U.S. Department of Agriculture, 2003 Agricultural Statistics , 2003, "Farm Real Estate
Historical Series Data, 1950-92," 1996 update, and Agricultural Economics and Land Ownership
Survey (1999) , December 2001.