Median household income of farm business households and U.S. households with self-employment income, 1996–2020

Dollars (2020)

Line graph with 2 lines and 25 points per line.

Line 1, Median farm operator household income.
Point 1, 1991 is 43168.
Point 2, 1992 is 47772.
Point 3, 1993 is 46903.
Point 4, 1994 is 47968.
Point 5, 1995 is 48547.
Point 6, 1996 is 42386.
Point 7, 1997 is 51874.
Point 8, 1998 is 60663.
Point 9, 1999 is 65171.
Point 10, 2000 is 63345.
Point 11, 2001 is 63784.
Point 12, 2002 is 65190.
Point 13, 2003 is 65636.
Point 14, 2004 is 71748.
Point 15, 2005 is 70972.
Point 16, 2006 is 70993.
Point 17, 2007 is 66864.
Point 18, 2008 is 61999.
Point 19, 2009 is 62481.
Point 20, 2010 is 64038.
Point 21, 2011 is 66075.
Point 22, 2012 is 78075.
Point 23, 2013 is 81751.
Point 24, 2014 is 89502.
Point 25, 2015 is 83331.
Point 26, 2016 is 81945.
Point 27, 2017 is 78785.
Point 28, 2018 is 74656.
Point 29, 2019 is 84084.
Point 30, 2020 is 80060.
Line 2, Median U.S. household income.
Point 1, 1991 is 52011.
Point 2, 1992 is 51711.
Point 3, 1993 is 51511.
Point 4, 1994 is 52088.
Point 5, 1995 is 53882.
Point 6, 1996 is 55113.
Point 7, 1997 is 56484.
Point 8, 1998 is 58706.
Point 9, 1999 is 60750.
Point 10, 2000 is 61353.
Point 11, 2001 is 60115.
Point 12, 2002 is 59466.
Point 13, 2003 is 59616.
Point 14, 2004 is 59497.
Point 15, 2005 is 60226.
Point 16, 2006 is 60808.
Point 17, 2007 is 61711.
Point 18, 2008 is 60639.
Point 19, 2009 is 59541.
Point 20, 2010 is 58261.
Point 21, 2011 is 57972.
Point 22, 2012 is 57972.
Point 23, 2013 is 59829.
Point 24, 2014 is 58827.
Point 25, 2015 is 61374.
Point 26, 2016 is 63448.
Point 27, 2017 is 64473.
Point 28, 2018 is 65075.
Point 29, 2019 is 69507.
Point 30, 2020 is 67521.

Note: Farm businesses are defined as farms with gross cash farm income over $350,000 in 2020 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 U.S. Bureau of Economic Analysis Gross Domestic Product Price Index (BEA API series code: A191RG), 2020=1. Data as of December 1, 2021.