South Plains (LMA 3)
Rural Land Prices

Counties: Borden, Crosby, Dawson, Floyd, Garza, Hale, Lubbock, Lynn

Year	Median Tract Size (acres)	Nominal			Real
		Median* Price Per Acre	Percentage Change	Annual Compound Growth Rate From 1966	Median* Price per Acre	Percentage Change	Annual Compound Growth Rate From 1966
1966	160	335	-	-	335	-	-
1967	160	350	4	4	339	1	1
1968	160	269	-23	-10	250	-26	-14
1969	160	300	12	-4	266	6	-7
1970	160	300	0	-3	253	-5	-7
1971	160	291	-3	-3	233	-8	-7
1972	160	325	12	-1	250	7	-5
1973	160	350	8	1	255	2	-4
1974	160	450	29	4	300	18	-1
1975	160	456	1	3	278	-7	-2
1976	160	478	5	4	276	-1	-2
1977	160	550	15	5	298	8	-1
1978	160	636	16	5	322	8	0
1979	161	650	2	5	304	-6	-1
1980	184	750	15	6	322	6	0
1981	162	750	0	6	294	-9	-1
1982	170	800	7	6	296	1	-1
1983	160	700	-12	4	249	-16	-2
1984	160	625	-11	4	214	-14	-2
1985	160	615	-2	3	204	-5	-3
1986	160	425	-31	1	138	-32	-4
1987	187	360	-15	0	114	-18	-5
1988	198	400	11	1	122	7	-4
1989	178	450	12	1	133	8	-4
1990	160	469	4	1	133	0	-4
1991	175	451	-4	1	124	-7	-4
1992	165	435	-4	1	117	-6	-4
1993	164	430	-1	1	113	-3	-4
1994	202	448	4	1	115	2	-4
1995	160	474	6	1	119	3	-4
1996	194	472	0	1	117	-2	-3
1997	200	450	-5	1	109	-6	-4
1998	172	480	7	1	115	6	-3
1999	180	475	-1	1	112	-3	-3
2000	164	497	5	1	115	2	-3
2001	209	475	-4	1	108	-7	-3
2002	175	450	-5	1	100	-7	-3
2003	178	500	11	1	109	9	-3
2004	200	501	0	1	106	-3	-3
2005	200	566	13	1	116	10	-3
2006	200	600	6	1	120	3	-3