VALUE OF FARM REAL ESTATE
Nebraska - 1930 to 2015      
  Average Total Value      
  Value of Buildings      
  Per Acre and Land Farm Real Estate Taxes Levied:
Year Land & Bldings (Thousands) Per Acre Per $100 of Value Total Taxes ($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 1.91 293.4
1993 514 24,209,000 9.10 1.98 310.7
1994 562 26,485,000 9.74 1.99 314.9
1995 580 27,260,000 10.61 2.01 319.7
1996 610 28,670,000 NA 2.00 325.2
1997 620 28,768,000 NA 1.92 326.1
1998 645 29,928,000 NA 1.67 302.2
1999 675 31,320,000 10.09 1.57 305.2
2000 710 32,873,000 NA 1.58 320.4
2001 735 33,884,000 NA 1.58 332.4
2002 760 34,960,000 NA 1.60 348.8
2003 775 35,573,000 NA 1.65 376.7
2004 825 37,867,500 NA 1.66 396.6
2005 940 42,958,000 NA 1.67 420.2
2006 1,090 49,813,000 NA 1.67 455.4
2007 1,140 47,071,000 NA 1.68 476.0
2008 1,330 51,984,000 NA 1.66 518.1
2009 1,320 60,060,000 NA 1.63 571.7
2010 1,470 66,738,000 NA 1.62 631.8
2011 1,840 83,536,600 NA 1.60 699.1
2012 2,420 109,626,000 NA 1.56 768.8
2013 2,800 126,840,000 NA 1.47 892.7
2014 3,120 141,024,000 NA 1.32 1,038.4
2015 3,050 NA NA NA NA
NA - not available
Source: U.S. Department of Agriculture,"Farm Real Estate Historical Series 1950-92," 1996;
Agricultural Economics and Land Ownership Survey (1999), 2001; Nebraska Department of
Revenue, Property Tax Division, 2015; USDA, NASS, Quick Stats, 2015.
Last Updated: 12/2/2015
by Nebraska Databook
email: michael.lundeen@nebraska.gov