Dollars (2021)
Line graph with 2 lines and 26 points per line.
Line 1, Households operating a farm business.
Point 1, 1996 is 40601.
Point 2, 1997 is 45837.
Point 3, 1998 is 50503.
Point 4, 1999 is 55875.
Point 5, 2000 is 53695.
Point 6, 2001 is 48136.
Point 7, 2002 is 59816.
Point 8, 2003 is 57391.
Point 9, 2004 is 59041.
Point 10, 2005 is 65347.
Point 11, 2006 is 64657.
Point 12, 2007 is 58549.
Point 13, 2008 is 54502.
Point 14, 2009 is 53856.
Point 15, 2010 is 57717.
Point 16, 2011 is 60573.
Point 17, 2012 is 67650.
Point 18, 2013 is 71915.
Point 19, 2014 is 84427.
Point 20, 2015 is 71794.
Point 21, 2016 is 71789.
Point 22, 2017 is 69410.
Point 23, 2018 is 60570.
Point 24, 2019 is 64224.
Point 25, 2020 is 65266.
Point 26, 2021 is 75638.
Line 2, Self-employed household head.
Point 1, 1996 is 80996.
Point 2, 1997 is 80323.
Point 3, 1998 is 82503.
Point 4, 1999 is 84790.
Point 5, 2000 is 88412.
Point 6, 2001 is 86561.
Point 7, 2002 is 85746.
Point 8, 2003 is 86348.
Point 9, 2004 is 84541.
Point 10, 2005 is 86514.
Point 11, 2006 is 88870.
Point 12, 2007 is 90070.
Point 13, 2008 is 85670.
Point 14, 2009 is 81411.
Point 15, 2010 is 84465.
Point 16, 2011 is 83294.
Point 17, 2012 is 83653.
Point 18, 2013 is 83945.
Point 19, 2014 is 82601.
Point 20, 2015 is 88110.
Point 21, 2016 is 87756.
Point 22, 2017 is 93832.
Point 23, 2018 is 93119.
Point 24, 2019 is 96104.
Point 25, 2020 is 93511.
Point 26, 2021 is 96770.
Note: Farm businesses are defined as farms with gross cash farm income over $350,000 in 2021 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.
Sources: USDA, Economic Research Service and USDA, 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), 2021=1. Data as of December 1, 2022.