Sunday, March 25, 2007

Arkansas Ag Real Estate to Developments

Found this table on the American Farmland Trust Website - Found it interesting.  Note this table is old - through 1997. 
 
This is 10 years old.  At the rate that the Northwest Arkansas and Central Arkansas areas have been cut up into subdivisions - the new statistic has to be outrageous.
 
1992-1997
Agricultural land converted to developed uses (acres)     84,000
Percentage of agricultural land converted to developed uses     1
State rank by percentage of agricultural land converted to developed uses     29
Average annual rate of agricultural land converted to developed uses (acres)     16,800
Prime agricultural land converted to developed uses (acres)     54,600
Rural land converted to developed uses (acres)     171,800
Average annual rate of rural land converted to developed uses (acres)     34,360
Prime rural land converted to developed uses (acres)     71,600

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