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.

Farm Household Well-being - Farm Household Income Forecast

Suggested citation for linking to this discussion:

U.S. Department of Agriculture, Economic Research Service. (2026, February 5). Farm household well-being: Farm household income forecast.

Median Income of Farm Operator Households Forecast to Increase in 2025 and 2026

Median total farm household income is forecast to increase to $110,014 in 2025, a 1.8 percent increase after adjusting for inflation from 2024 (4.5 percent in nominal terms). It is forecast to reach $113,031 in 2026 with an increase of 2.7 percent after inflation relative to 2025 (5.3 percent in nominal terms). 

Farm households typically receive income from farm and off-farm sources. Median farm income earned by farm households is forecast at -$1,498 for 2025 after inflation and is forecast to increase to -$1,161 in 2026. Many farm households primarily rely on off-farm income. Median off-farm income is forecast at $92,123 for 2025, an increase of 0.8 percent after inflation from 2024 (3.4 percent in nominal terms). In 2026, median off-farm income is forecast to increase by a further 0.8 percent after inflation to $92,815 (3.3 percent in nominal terms). Since farm and off-farm income are not distributed identically for every farm, median total income will generally not equal the sum of median off-farm and median farm income.

See the Farm Household Income and Characteristics data product tables for financial statistics of farm operator households. 

A bar chart shows median farm income, median off-farm income, and median total income of U.S. farm households for the years 2021 through a forecast for 2026.

Download chart image