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Explore Georgia agriculture and learn what makes it unique.
From the invention of the cotton gin to the advanced production systems you see Georgia farmers using today, the state has been a long-time leader in production and innovation. Today, Georgia ranks number 1 nationally for the production of peanuts and is also a leading producer of chicken and cotton. As of 2017, there were 42,439 farms in Georgia spread out across a total of nearly 10 million acres of farmland.
$106/acre
6.9%
3.1%
$149
Current Rental Rate Per Acre
Cash Rent per Acre
Source: USDA
3.1%
Average Annual Cap Rate
Implied Annual Capitalization Rate
Source: USDA
| Year | Per Acre | Change |
|---|---|---|
| 2023 | $149 | 10.4% |
| 2021 | $135 | 7.1% |
| 2019 | $126 | 8.6% |
| 2018 | $116 | -3.3% |
| 2017 | $120 | 11.1% |
| 2016 | $108 | -1.8% |
| 2015 | $110 | -0.9% |
| 2014 | $111 | 12.7% |
| 2013 | $99 | 0.5% |
| 2012 | $98 | 13.3% |
| 2011 | $87 | 8.1% |
| 2010 | $80 | 4.6% |
| 2009 | $77 | 17.7% |
| 2008 | $65 | 8.3% |
| 2006 | $60 | 3.4% |
| 2004 | $58 | 3.6% |
| 2003 | $56 | 1.8% |
| 2001 | $55 | 10.0% |
| 2000 | $50 | 5.7% |
| 1999 | $47 | 0.6% |
