Median income for households operating a farm business compared with U.S. households with self-employment income, 1996-2019

Dollars (2019)

Line graph with 2 lines and 24 points per line.

Line 1, Households operating a farm business.
Point 1, 1996 is 38321.
Point 2, 1997 is 43142.
Point 3, 1998 is 47667.
Point 4, 1999 is 52719.
Point 5, 2000 is 50451.
Point 6, 2001 is 45458.
Point 7, 2002 is 56476.
Point 8, 2003 is 54180.
Point 9, 2004 is 55803.
Point 10, 2005 is 61722.
Point 11, 2006 is 61073.
Point 12, 2007 is 55389.
Point 13, 2008 is 51547.
Point 14, 2009 is 50853.
Point 15, 2010 is 54479.
Point 16, 2011 is 57192.
Point 17, 2012 is 63870.
Point 18, 2013 is 67906.
Point 19, 2014 is 79712.
Point 20, 2015 is 67741.
Point 21, 2016 is 67678.
Point 22, 2017 is 65545.
Point 23, 2018 is 57176.
Point 24, 2019 is 60648.
Line 2, Self-employed household head.
Point 1, 1996 is 76448.
Point 2, 1997 is 75813.
Point 3, 1998 is 77871.
Point 4, 1999 is 80002.
Point 5, 2000 is 83445.
Point 6, 2001 is 81744.
Point 7, 2002 is 80958.
Point 8, 2003 is 81620.
Point 9, 2004 is 79904.
Point 10, 2005 is 81785.
Point 11, 2006 is 84062.
Point 12, 2007 is 85209.
Point 13, 2008 is 81025.
Point 14, 2009 is 76904.
Point 15, 2010 is 79819.
Point 16, 2011 is 78703.
Point 17, 2012 is 79007.
Point 18, 2013 is 79279.
Point 19, 2014 is 78023.
Point 20, 2015 is 83235.
Point 21, 2016 is 82855.
Point 22, 2017 is 88613.
Point 23, 2018 is 87964.
Point 24, 2019 is 90753.

Note: Farm businesses are defined as farms with gross cash farm income over $350,000 in 2019 dollars, or farms where the principal operator lists farming as the primary occupation. Household income is estimated only for households operating family farms. Changes to U.S. median income among households with self-employment income from 2013 and forward reflect changes in data collection and processing of the March supplement of the Current Population Survey as well as changes in actual household income. Source: USDA, Economic Research Service and National Agricultural Statistics Service, Agricultural Resource Management Survey, and U.S. Department of Commerce, Bureau of the Census, Current Population Survey. Values are adjusted for inflation using the Gross Domestic Product chain-type price index, 2019=100. Data as of December 2, 2020.