Maine Real Estate – Highest Percentage of Foriegn-Owned Agricultural Land

Maine 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

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