Regional Economic Information System (REIS)
- REIS Table CA45 for Texas, TX.

  • Table CA4 - Personal Income by Major Source
  • Table CA5 - Earnings by Source & Sector
  • Table CA25 - Employment by Sector
  • Table CA30 - Economic Profile
  • Table CA35 - Transfer Payments
  • Table CA45 - Farm Income & Expenditures

Summary Characteristics
The population of Texas changed from 29,217,653 (2020) to 29,527,941 (2021). a change of 310,288 (2.01%). The per capita personal income (PCPI) changed from $55,601 (2020) to $59,865 (2021), a change of $4,264 (2.08%). The state per capita personal income (PCPI) changed from $55,601 (2020) to $59,865 (2021), a change of $4,264 (2.08%).

Table CA45 presented below is focused on Farm Income and Expendtures.

The table presents data for selected years through 2021 based on data from the Bureau of Economic Analysis. ProximityOne uses models to develop annual estimates and projections to 2030 and provides related analytical services.

Table cells with special characters (# or * or -) indicate data for this area and time period are not available. See footnotes at bottom of table for details. These values can be optionally imputed by the REIS software.

REIS Farm Income & Expenditures for Texas
    Item Name202020212020-21%2020-21
    Cash receipts from marketings (thousands of dollars) 24,653,98128,954,7634,300,78217.4
      Cash receipts: Livestock & products 18,239,12120,609,7082,370,58713.0
      Cash receipts: Crops 6,414,8608,345,0551,930,19530.1
    Other income 5,658,0774,751,087-906,990-16.0
    Government payments 3,000,3531,786,668-1,213,685-40.5
      Imputed & miscellaneous income received 1/ 2,657,7242,964,419306,69511.5
  Production expenses 27,038,87028,432,4841,393,6145.2
      Feed purchased 4,400,0005,170,000770,00017.5
    Livestock purchased 6,382,5766,204,799-177,777-2.8
      Seed purchased 910,000800,000-110,000-12.1
    Fertilizer & lime (incl. ag. chemicals 1978-fwd.) 1,770,0001,820,00050,0002.8
    Petroleum products purchased 865,7261,050,300184,57421.3
      Hired farm labor expenses 2/ 2,325,8962,041,413-284,483-12.2
      All other production expenses 3/ 10,384,67211,345,972961,3009.3
      Value of inventory change -1,211,070-576,622634,448-52.4
      Value of inventory change: livestock 174,195-409,346-583,541-335.0
      Value of inventory change: crops -1,389,402-167,6901,221,712-87.9
      Value of inventory change: materials & supplies 4,137414-3,723-90.0
    Cash receipts & other income 30,312,05833,705,8503,393,79211.2
      Less: Production expenses 27,038,87028,432,4841,393,6145.2
    Equals: Realized net income 3,273,1885,273,3662,000,17861.1
      Plus: Value of inventory change -1,211,070-576,622634,448-52.4
    Equals: Net income including corporate farms 2,062,1184,696,7442,634,626127.8
      Less: Net income of corporate farms 372,3401,284,206911,866244.9
      Plus: Statistical adjustment 27-29-56-207.4
    Equals: Farm proprietors' income 1,689,8053,412,5091,722,704101.9
      Plus: Farm wages & salaries 1,587,4781,292,701-294,777-18.6
      Plus: Farm supplements to wages & salaries 214,197268,46154,26425.3
    Equals: Farm earnings 3,491,4804,973,6711,482,19142.5
1/ Consists of the value of home consumption and other farm related income components, such as machine hire and custom work income and income from forest products (1978 to present).
2/ Consists of hired workers' cash pay and perquisites, employers' contributions for social security and Medicare, and payments for contract labor, machine hire, and custom work.
3/ Consists of repair and operation of machinery; depreciation, interest, rent and taxes; and other miscellaneous expenses including agricultural chemicals (1969-77).

All dollar estimates are in current dollars (not adjusted for inflation).
Missing data cell values:
*  Not shown to avoid disclosure of confidential information. Estimates for item are included in totals.
#  Less than $50,000. Estimates for item are included in totals.
-  Data not available for this year.

Source: ProximityOne, Bureau of Economic Analysis, Bureau of the Census, Bureau of Labor Statistics