FARM LAND VALUES IN IOWA. 6 



To obtain comparative data concerning farm earnings for the 

 year 1918 a farm management survey was made covering about 400 

 farms in the same areas. A large number of these farms were the 

 same for which data had been obtained in previous surveys. 1 



TREND OF LAND VALUES IN THE COUNTRY AS A WHOLE. 



Before beginning the study of farm land values in Iowa it is de- 

 sirable to determine the extent of the area in the United States 

 characterized by a marked advance in farm land values such as has 

 occurred in that State. 



In Table I, which comprises unpublished data supplied by the 

 Bureau of Crop Estimates, are shown the estimated average values per 

 acre of farm land and improvements for all the States, together with 

 the estimated increase per acre and per cent of increase from March 1 , 

 1919, to March 1 1920 



Table I. — Average value of farm land and improvements, by States, 1915, 1919, 1920, 

 and increase per acre and per cent of increase, 1919 to 1920. {Estimates obtained by the 

 Bureau of Crop Estimates.) 



State. 



Maine 



N. Hampshire. 



Vermont 



Massachusetts. 

 Rhode Island. 

 Connecticut. . . 

 New York.. . . 

 New Jersey . . . 

 Pennsylvania . 



Delaware 



Maryland 



Virginia 



W. Virginia . . . 



N. Carolina 



S. Carolina 



Georgia 



Florida 



Ohio 



Indiana 



Illinois 



Michigan 



Wisconsin 



Minnesota 



Iowa 



Missouri 



Average value per | Increase 1919 

 acre. o 1920. 



S36. 00 

 37.00 

 39.00 

 72.00 

 95. 09 

 63.00 

 65.00 

 90.00 

 64.00 

 63. 00 

 56.00 

 34.00 

 34.00 

 33.00 

 30.00 

 24.00 

 40.00 

 86.00 

 90.00 



126. 00 

 61.00 

 80.00 

 65.00 



134. 00 

 58.00 



847. 00 

 45.00 

 47.00 

 80.00 

 90.00 

 67.00 

 75.00 



113. 00 

 79.00 

 78.00 

 69.00 

 60.00 

 51.00 

 47.00 

 53.00 

 45.20 

 60.00 



109. 00 



120. 00 



164. 00 

 80.00 



109. 00 

 94.00 



192. 00 

 82.00 



Per 



acre. 



852. 00 

 52.00 

 53.00 



100.00 

 95.00 

 85.00 

 88.00 



125. 00 

 92.00 

 94.00 

 91.00 



68. oa 



58.00 

 75.00 

 75.00 

 57.00 

 72.00 

 130. 00 

 145. 00 

 204. 00 

 87.00 

 130. 00 

 124. 00 

 255. 00 

 104. 00 



85.00 



7.00 



6.00 



20.00 



5.00 



18.00 



13.00 



12.00 



13.00 



16.00 



22.00 



8.00 



7.00 



28.00 



22.00 



11.80 



12.00 



21.00 



25.00 



40.00 



7.00 



21.00 



30.00 



63.00 



22.00 



Per 



cent. 



10.6 

 15.5 

 12.7 

 25.0 



5.5 

 26.8 

 17.3 

 10.6 

 16.4 

 20.5 

 31.8 

 13.3 

 13.7 

 59.5 

 41.5 

 26.1 

 20.0 

 19.2 

 20.8 

 24.3 



8.7 

 19.2 

 31.9 

 32.8 

 26.8 



State. 



N.Dakota... 

 S.Dakota... 

 Nebraska... 



Kansas 



Kentucky... 

 Tennessee. . . 



Alabama 



Mississippi . . 

 Louisiana . . . 



Texas 



Oklahoma . . 

 Arkansas . . . 



Montana 



Wyoming... 



Colorado 



New Mexico . 



Arizona 



Utah 



Nevada 



Idaho 



Washington. 



Oregon 



California . . . 



United States. 59.91 81 



Average value per 

 acre. 



$34. 00 

 58.00 

 71.00 

 53.00 

 38.00 

 38.00 

 20.00 

 20.00 

 30. 00 

 40.00 

 29.00 

 23.00 

 35.00 

 35.00 

 55.00 

 52.00 



107.00 

 85.00 

 85.00 

 66.00 

 99.00 

 75.00 



175. 00 



843. 00 

 80.00 



105. 00 

 69.00 

 81,00 

 65.00 

 29.00 

 32.00 

 43.00 

 55.00 

 43.50 

 42.00 

 39.00 

 50.00 

 66.00 

 62.00 



130. 00 



130. 00 

 90.00 

 97.00 



115. 00 

 95.00 



218. 00 



850. 00 

 110. 00 

 135. 00 

 80.00 

 85.00 

 77-00 

 38.00 

 45.00 

 65.00 

 69.00 

 55.00 

 55.00 

 42.00 

 60.00 

 75.00 

 62.00 

 185. 00 

 150.00 

 90.00 

 125-00 

 150. 00 

 120. 00 

 190. 00 



99.24 



Increase 1919 

 to 1920. 



Per 



acre. 



87. 00 

 30.00 

 30.00 

 11.00 



4.00 

 12.00 



9.00 

 13.00 

 22.00 

 14.00 

 11.50 

 13.00 



3.00 

 10.00 



9.00 



0.00 

 55.00 

 20.00 



0.00 

 28.00 

 35.00 

 25.00 

 28.00 



17.35 



Per 



cent. 



16.2 

 37.5 

 28.5 

 15.9 



4.9 

 18.4 

 31.0 

 40.6 

 51.1 

 25.4 

 26.4 

 30.9 



7.6 

 20.0 

 13.6 





 42.3 

 15.3 





 28.8 

 30.4 

 26.3 



1 Acknowledgment is due the farmers and other business men who made this study possible and to the 

 members of the stall of Iowa State College and of the Office of Farm Management, U. S. Department of 

 Agriculture, who aided in the gathering and tabulation of the data used. 



Survey data for 1913 and 1915 were collected by H. B. Munger, J. Whitson, Wm. Brand, Russell Engberg, 

 Fred C Fenton, R. J. Leth, E. H. Lott, W. T. Maaksted, M. B. Posten, Geo. X. Reed, Harold W. Reid, 

 Louis Sawyer, Allan M. Smith, and L. B. Snyder, of the Farm Management Department, Ames, Iowa. 

 Prof. H. B. Munger supervised the collection and tabulation of the results. 



The data for 1918 and 1919 were collected by Earl D. Strait, C O. Brannen, n. H. Clark, J. S. Donald, 

 R. D. Jennings, Bruce McKinley, J. C. Rundles, C. F. Sarle, F. H.Shelledy, and C. C Taylor, of the Office 

 of Farm Management, United States Department of Agriculture. Messrs. Howard A. Turner and J. C 

 Rundles supervised the tabulation of the results. 



