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 5-Year Growth Rate	Median* Price per Acre	Percentage Change	Annual Compound 5-Year Growth Rate
1966	27	425	-	-	425	-	-
1967	30	430	1	-	417	-2	-
1968	34	425	-1	-	395	-5	-
1969	29	416	-2	-	369	-7	-
1970	24	500	20	-	421	14	-
1971	40	500	0	3	401	-5	-1
1972	50	462	-8	1	355	-11	-3
1973	40	700	51	10	509	43	5
1974	40	832	19	15	555	9	9
1975	41	900	8	12	549	-1	5
1976	32	1055	17	16	608	11	9
1977	26	1117	6	19	606	0	11
1978	30	1468	31	16	744	23	8
1979	36	1908	30	18	893	20	10
1980	40	1845	-3	15	791	-11	8
1981	40	2750	49	21	1078	36	12
1982	37	2234	-19	15	825	-23	6
1983	40	2000	-10	6	711	-14	-1
1984	44	1590	-20	-4	545	-23	-9
1985	76	1506	-5	-4	501	-8	-9
1986	40	1300	-14	-14	423	-16	-17
1987	38	1224	-6	-11	388	-8	-14
1988	60	1202	-2	-10	368	-5	-12
1989	41	1250	4	-5	369	0	-8
1990	39	1250	0	-4	355	-4	-7
1991	55	1200	-4	-2	329	-7	-5
1992	47	1100	-8	-2	295	-10	-5
1993	40	1029	-6	-3	270	-9	-6
1994	40	1377	34	2	354	31	-1
1995	40	1242	-10	0	312	-12	-3
1996	40	1408	13	3	348	11	1
1997	54	1400	-1	5	340	-2	3
1998	31	2000	43	14	480	41	12
1999	29	1750	-12	5	414	-14	3
2000	31	1456	-17	3	337	-19	2
2001	28	2000	37	7	453	34	5
2002	40	2750	38	14	612	35	12
2003	21	2900	5	8	632	3	6
2004	40	3112	7	12	659	4	10
2005	27	3482	12	19	716	9	16
2006	27	5607	61	23	1114	56	20
2007	34	4700	-16	11	909	-18	8
2008	26	4646	-1	10	879	-3	7