Lower Rio Grande Valley (LMA 32)
Rural Land Prices

Counties: Cameron, Hidalgo, Willacy

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	27	425	-	-	425	-	-
1967	30	430	1	1	417	-2	-2
1968	34	425	-1	0	395	-5	-4
1969	29	416	-2	-1	369	-7	-5
1970	24	500	20	4	421	14	0
1971	40	500	0	3	401	-5	-1
1972	50	462	-8	1	355	-11	-3
1973	40	700	51	7	509	43	3
1974	40	832	19	9	555	9	3
1975	41	900	8	9	549	-1	3
1976	32	1055	17	10	608	11	4
1977	26	1117	6	9	606	0	3
1978	30	1468	31	11	744	23	5
1979	36	1908	30	12	893	20	6
1980	40	1845	-3	11	791	-11	5
1981	40	2750	49	13	1078	36	6
1982	37	2234	-19	11	825	-23	4
1983	40	2000	-10	10	711	-14	3
1984	44	1590	-20	8	545	-23	1
1985	76	1506	-5	7	501	-8	1
1986	40	1300	-14	6	423	-16	0
1987	38	1224	-6	5	388	-8	0
1988	60	1207	-1	5	369	-5	-1
1989	41	1250	4	5	369	0	-1
1990	39	1329	6	5	377	2	0
1991	55	1200	-10	4	329	-13	-1
1992	46	1091	-9	4	293	-11	-1
1993	40	1029	-6	3	270	-8	-2
1994	40	1377	34	4	354	31	-1
1995	40	1242	-10	4	312	-12	-1
1996	40	1408	13	4	348	11	-1
1997	57	1373	-2	4	334	-4	-1
1998	31	2000	46	5	480	44	0
1999	29	1750	-12	4	414	-14	0
2000	31	1456	-17	4	337	-19	-1
2001	28	2000	37	5	453	34	0
2002	40	2662	33	5	593	31	1
2003	21	2900	9	5	632	7	1
2004	40	3112	7	5	659	4	1
2005	27	3482	12	6	716	9	1
2006	25	5715	64	7	1141	59	3