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Woodford Agriculture economic impact

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LAND USE

  • 90% of the land in Woodford County is considered farmland. It produces $5.2 million in property tax. 

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  • 92% of Woodford County farms are family farms.

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  • 6% of Woodford County farms sell products directly to consumers.

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  • In Kentucky, Woodford County ranks 40th in the sale of vegetables, melons, potatoes, and sweet potatoes. It ranks second in the sale of fruits, tree nuts and berries.

EMPLOYMENT

  • 10.9% of the total employment is in agriculture in Woodford County. The average for Kentucky is 3.4%.

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  •  29% of jobs in Woodford County are related to agriculture -1881 directly, 902 indirectly.

REvenue

  • $565 million in revenue is generated by agriculture in Woodford county.

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  • $471.4 million of that is from traditional agriculture and food processing; the additional $93.7 million is from secondary agribusinesses.

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  • $1.1 million is contributed by agriculture to the local tax base through payroll taxes.

Small landowners are the most precious part of a state.

- Thomas Jefferson

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