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Distribution of U.S. farm households by measures of economic well-being, 2024

  • Farm Household Well-being
A bar chart showing the distribution of U.S. farm households by measures of economic well-being in 2024

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Errata: On May 15, 2026, the figure "Distribution of U.S. farm households by measures of economic well-being, 2024" was changed to include the correct value for U.S. median wealth and the correct percentage indicating the share of low-income high wealth U.S. farm households. No other text on the topic page was affected.

USDA, ERS divides farm households into four groups based on relative levels of income and wealth. The estimated medians of U.S. household income and wealth are used to divide low from high levels. Median income (or wealth) is the level at which 50 percent of households have greater income (or wealth) and 50 percent have less.

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