Maine Real Estate - Highest Percentage of Foriegn-Owned Agricultural Land
Tuesday, August 26th, 2008Maine has a higher percentage of foreign-owned agricultural land than any other state in the country, as well as 16% of all foreign-held agricultural land in the country, according to new data from the U.S. Department of Agriculture. The majority of the foreign-held agricultural land in Maine consists of forest and timberland totaling 3,270,362 acres.
Here’s a list of the 10 states with the highest proportion of foreign-held agricultural land to privately-held agricultural land as of February 28, 2007.
| State |
Privately held agricultural land (acres) |
Foreign held agricultural land (acres) |
% foreign held |
| Maine |
17,955,835 |
3,323,846 |
18.5% |
| Hawaii |
1,803,038 |
168,008 |
9.3% |
| Alabama |
28,760,792 |
1,710,681 |
5.9% |
| Washington |
22,014,053 |
1,266,103 |
5.8% |
| Georgia |
30,823,101 |
1,620,304 |
5.3% |
| Louisiana |
23,870,712 |
1,242,078 |
5.2% |
| Nevada |
9,753,158 |
504,823 |
5.2% |
| Florida |
21,849,568 |
1,000,207 |
4.6% |
| Michigan |
24,098,445 |
761,808 |
3.2% |
| Arizona |
7,833,746 |
246,710 |
3.1% |
Source: U.S. Department of Agriculture’s Farm Service Agency