Skip to main content
Skip to main content

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Secure .gov websites use HTTPS
A lock ( ) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

Due to the Radical Left Democrat shutdown, this government website will not be updated during the funding lapse.

President Trump has made it clear he wants to keep the government open and support those who feed, fuel, and clothe the American people.

Economic Well-Being of Farm Households

  • by Carol Jones, Hisham S. El-Osta and Robert Green
  • 3/14/2006
  • EB-7

Overview

Farm subsidy programs were introduced in the 1930s largely due to concern for chronically low, and highly variable, incomes of US farm households. Today commodity-based support programs are still prominent, though income and wealth of the average farm household now exceed that of the average nonfarm households - by a large margin. Farm income continues to be highly variable, but the small set of farm households most at risk for income variability - because farm income represents more than one-third of household income - are those operating large farms. And they have substantial net worth, which cushions uncertain farm income.

Download

Related Content