Kentucky Farm Real Estate 1950-1995

Year Farms Farmland Farmland Total average value per acre Building Avg tax
million value per acre
thousands acres per acre per acre per farm total M$ M$ dollars
1950 230,000 19.8 $59.00 $81.00 $7,000.00 $1,601,000,000.00 $439,000,000.00 0.63
1951 220,000 19.7 $66.00 $92.00 $8,200.00 $1,808,000,000.00 $499,000,000.00 0.66
1952 210,000 19.5 $73.00 $101.00 $9,400.00 $1,978,000,000.00 $546,000,000.00 0.66
1953 200,000 19.3 $71.00 $98.00 $9,400.00 $1,889,000,000.00 $521,000,000.00 0.66
1954 193,000 19.1 $68.00 $95.00 $9,400.00 $1,807,000,000.00 $499,000,000.00 0.69
1955 187,000 18.9 $70.00 $97.00 $9,800.00 $1,828,000,000.00 $506,000,000.00 0.69
1956 182,000 18.7 $72.00 $100.00 $10,300.00 $1,876,000,000.00 $523,000,000.00 0.7
1957 177,000 18.6 $80.00 $111.00 $11,700.00 $2,056,000,000.00 $567,000,000.00 0.71
1958 172,000 18.4 $87.00 $119.00 $12,800.00 $2,190,000,000.00 $596,000,000.00 0.72
1959 167,000 18.2 $94.00 $129.00 $14,100.00 $2,355,000,000.00 $648,000,000.00 0.75
1960 161,000 18 $99.00 $137.00 $15,300.00 $2,459,000,000.00 $679,000,000.00 0.74
1961 155,000 17.8 $103.00 $143.00 $16,400.00 $2,543,000,000.00 $704,000,000.00 0.77
1962 150,000 17.7 $110.00 $152.00 $17,900.00 $2,687,000,000.00 $744,000,000.00 0.81
1963 147,000 17.7 $119.00 $165.00 $19,800.00 $2,916,000,000.00 $811,000,000.00 0.84
1964 144,000 17.6 $126.00 $175.00 $21,400.00 $3,075,000,000.00 $861,000,000.00 0.84
1965 142,000 17.5 $134.00 $186.00 $22,900.00 $3,258,000,000.00 $915,000,000.00 0.86
1966 140,000 17.3 $141.00 $196.00 $24,200.00 $3,384,000,000.00 $948,000,000.00 1.13
1967 138,000 17.1 $154.00 $213.00 $26,400.00 $3,640,000,000.00 $1,008,000,000.00 1.23
1968 133,000 16.8 $166.00 $229.00 $28,900.00 $3,850,000,000.00 $1,059,000,000.00 1.29
1969 128,000 16.4 $174.00 $238.00 $30,500.00 $3,904,000,000.00 $1,058,000,000.00 1.32
1970 127,000 16.3 $185.00 $253.00 $32,500.00 $4,124,000,000.00 $1,101,000,000.00 1.4
1971 125,000 16.1 $197.00 $267.00 $34,400.00 $4,299,000,000.00 $1,126,000,000.00 1.43
1972 124,000 16 $218.00 $295.00 $38,100.00 $4,720,000,000.00 $1,227,000,000.00 1.5
1973 122,000 15.9 $244.00 $327.00 $42,600.00 $5,199,000,000.00 $1,321,000,000.00 1.57
1974 121,000 15.7 $291.00 $385.00 $50,000.00 $6,045,000,000.00 $1,475,000,000.00 1.71
1975 107,000 14.8 $328.00 $427.00 $59,100.00 $6,320,000,000.00 $1,466,000,000.00 1.92
1976 106,000 14.7 $396.00 $514.00 $71,200.00 $7,551,000,000.00 $1,729,000,000.00 1.99
1977 105,000 14.7 $477.00 $619.00 $86,600.00 $9,097,000,000.00 $2,083,000,000.00 2.05
1978 104,000 14.8 $551.00 $715.00 $101,700.00 $10,578,000,000.00 $2,422,000,000.00 2.14
1979 103,000 14.7 $670.00 $861.00 $122,900.00 $12,657,000,000.00 $2,810,000,000.00 2.16
1980 102,000 14.6 $766.00 $976.00 $139,700.00 $14,250,000,000.00 $3,066,000,000.00 2.1
1981 103,000 14.6 $817.00 $1,033.00 $146,400.00 $15,082,000,000.00 $3,152,000,000.00 2.15
1982 103,000 14.5 $841.00 $1,058.00 $148,900.00 $15,341,000,000.00 $3,145,000,000.00 2.13
1983 103,000 14.5 $831.00 $1,049.00 $147,700.00 $15,210,000,000.00 $3,164,000,000.00 2.16
1984 101,000 14.5 $803.00 $1,034.00 $148,407.00 $14,989,000,000.00 $3,343,000,000.00 2.23
1985 100,000 14.5 $705.00 $955.00 $138,488.00 $13,849,000,000.00 $3,628,000,000.00 2.24
1986 99,000 14.5 $654.00 $941.00 $137,843.00 $13,646,000,000.00 $4,162,000,000.00 2.28
1987 99,000 14.4 $591.00 $878.00 $127,765.00 $12,649,000,000.00 $4,136,000,000.00 2.41
1988 97,000 14.3 $594.00 $896.00 $132,091.00 $12,813,000,000.00 $4,318,000,000.00 2.36
1989 95,000 14.2 $612.00 $911.00 $136,171.00 $12,936,000,000.00 $4,243,000,000.00 2.34
1990 93,000 14.1 $686.00 $981.00 $148,732.00 $13,832,000,000.00 $4,160,000,000.00 2.74
1991 91,000 14.1 $686.00 $962.00 $149,057.00 $13,564,000,000.00 $3,892,000,000.00 2.76
1992 91,000 14.1 $705.00 $993.00 $153,827.00 $13,998,000,000.00 $4,064,000,000.00 3.04
1993 91,000 14.1 $769.00 $1,084.00 $167,979.00 $15,286,000,000.00 $4,437,000,000.00 3.19
1994 89,000 14.1 $809.00 $1,144.00 $177,218.00 $16,127,000,000.00 $4,726,000,000.00 ?
1995 89,000 14