| Operator Household Income, 1960
to 2010 1/ 2/ |
| Year |
Total household
income |
Farm portion |
Nonfarm portion |
Farm share of household
income
(percent) |
U.S. household income
estimate 3/ |
Ratio of farm household
to U.S. household income |
| (Mean current dollars) |
| 1960 |
4,054 |
1,913 |
2,141 |
47.2 |
6,227 |
0.65 |
| 1961 |
4,567 |
2,172 |
2,395 |
47.6 |
6,471 |
0.71 |
| 1962 |
4,901 |
2,219 |
2,682 |
45.3 |
6,670 |
0.73 |
| 1963 |
5,285 |
2,200 |
3,085 |
41.6 |
6,998 |
0.76 |
| 1964 |
5,689 |
2,323 |
3,367 |
40.8 |
7,336 |
0.78 |
| 1965 |
6,344 |
2,552 |
3,792 |
40.2 |
7,704 |
0.82 |
| 1966 |
7,523 |
3,261 |
4,262 |
43.3 |
8,395 |
0.9 |
| 1967 |
7,178 |
2,593 |
4,585 |
36.1 |
7,989 |
0.9 |
| 1968 |
7,850 |
2,814 |
5,036 |
35.8 |
8,760 |
0.9 |
| 1969 |
9,009 |
3,472 |
5,537 |
38.5 |
9,544 |
0.94 |
| 1970 |
9,472 |
3,498 |
5,974 |
36.9 |
10,001 |
0.95 |
| 1971 |
9,822 |
3,238 |
6,584 |
33.0 |
10,383 |
0.95 |
| 1972 |
12,329 |
4,893 |
7,436 |
39.7 |
11,286 |
1.09 |
| 1973 |
17,853 |
9,099 |
8,754 |
51.0 |
12,157 |
1.47 |
| 1974 |
18,201 |
8,136 |
10,065 |
44.7 |
13,094 |
1.39 |
| 1975 |
15,692 |
6,212 |
9,479 |
39.6 |
13,779 |
1.14 |
| 1976 |
16,461 |
5,777 |
10,684 |
35.1 |
14,922 |
1.1 |
| 1977 |
14,867 |
4,232 |
10,636 |
28.5 |
16,100 |
0.92 |
| 1978 |
17,953 |
5,760 |
12,193 |
32.1 |
17,730 |
1.01 |
| 1979 |
18,742 |
4,857 |
13,884 |
25.9 |
19,554 |
0.96 |
| 1980 |
18,504 |
4,285 |
14,219 |
23.2 |
21,063 |
0.88 |
| 1981 |
17,369 |
2,696 |
14,672 |
15.5 |
22,787 |
0.76 |
| 1982 |
20,246 |
5,112 |
15,134 |
25.2 |
24,309 |
0.83 |
| 1983 |
20,866 |
5,305 |
15,561 |
25.4 |
25,401 |
0.82 |
| 1984 |
23,013 |
6,227 |
16,786 |
27.1 |
27,464 |
0.84 |
| 1985 |
35,473 |
11,417 |
24,056 |
32.2 |
29,066 |
1.22 |
| 1986 |
36,796 |
12,553 |
24,243 |
34.1 |
30,759 |
1.2 |
| 1987 |
41,108 |
15,659 |
25,449 |
38.1 |
32,410 |
1.27 |
| 1988 4/ |
32,131 |
3,057 |
29,074 |
9.5 |
34,017 |
0.94 |
| 1989 4/ |
30,813 |
4,451 |
26,362 |
14.4 |
36,520 |
0.84 |
| 1990 4/ |
38,237 |
4,626 |
33,611 |
12.1 |
37,403 |
1.02 |
| 1991 |
37,447 |
5,810 |
31,638 |
15.5 |
37,922 |
0.99 |
| 1992 |
42,911 |
7,180 |
35,731 |
16.7 |
38,840 |
1.1 |
| 1993 |
40,223 |
4,815 |
35,408 |
12.0 |
41,428 |
0.97 |
| 1994 |
42,469 |
4,376 |
38,092 |
10.3 |
43,133 |
0.98 |
| 1995 |
44,392 |
4,720 |
39,671 |
10.6 |
44,938 |
0.99 |
| 1996 |
50,359 |
7,904 |
42,455 |
15.7 |
47,123 |
1.07 |
| 1997 |
52,563 |
6,205 |
46,358 |
11.8 |
49,692 |
1.06 |
| 1998 |
59,733 |
7,104 |
52,629 |
11.9 |
51,855 |
1.15 |
| 1999 |
64,167 |
6,178 |
57,988 |
9.6 |
54,737 |
1.17 |
| 2000 |
62,223 |
2,872 |
59,351 |
4.6 |
57,135 |
1.09 |
| 2001 |
63,983 |
5,301 |
58,682 |
8.3 |
58,208 |
1.10 |
| 2002 |
65,761 |
3,477 |
62,284 |
5.3 |
57,852 |
1.14 |
| 2003 |
68,597 |
7,884 |
60,713 |
11.5 |
59,067 |
1.16 |
| 2004 |
80,604 |
13,325 |
67,279 |
16.5 |
60,466 |
1.33 |
| 2005 5/ |
81,317 |
14,227 |
67,091 |
17.5 |
63,344 |
1.28 |
| 2006 |
81,043 |
8,541 |
72,502 |
10.5 |
66,570 |
1.22 |
| 2007 |
88,796 |
11,364 |
77,432 |
12.8 |
67,609 |
1.31 |
| 2008 |
79,796 |
9,764 |
70,032 |
12.2 |
68,424 |
1.17 |
| 2009 |
77,169 |
6,866 |
70,302 |
8.9 |
67,976 |
1.14 |
| 2010 |
84,440 |
11,769 |
72,671 |
13.9 |
67,530 |
1.25 |
| na = Not available.
1/ Prior to 1988, operator household income was
derived by assuming farm operator households received
all of the income from the farm business. This is
not a valid assumption. For example, contractors
now receive approximately one-fourth of aggregate
farm sector net cash income.
2/ Data from 1960 through 1987 are not fully consistent
with the FCRS and ARMS data available from 1988
forward. The 1960-1987 income series was developed
to be definitionally consistent with the CPS family/household
income series as much as the available data permit.
Gross rental value of farm dwellings, the value
of home-produced food, and the value of the change
in inventories were subtracted from net farm income,
while the value of wages that farm businesses paid
members of farm operator households was added when
it became available in 1982. The early estimates
presented in this table utilize the methodology
presented in Ahearn, with revised sector estimates.
See: Ahearn, Mary. Financial Well-Being of Farm
Operators and Their Households. AER-563. USDA, ERS,
Sept. 1986. From 1988 forward, income from both
farm and nonfarm sources are derived from the FCRS
or ARMS. Consistent with the Census Bureau's definition
of self-employment income, farm income to the household
is defined as the net cash farm income less depreciation
(adjusted for the share received by the primary
operator household in the case of multiple-household
farms). We also include the income that all farm
household members receive from all other sources.
Most farm households receive some off-farm income,
including off-farm wages and salaries, the net income
of any off-farm businesses, interest and dividends,
and any other off-farm cash income received by household
members. Data for all years are expanded to represent
the number of farms and ranches in the contiguous
United States.
3/ For 1960-66 data are for families. For 1967
forward, data are for households. Source: US Dept.
of Commerce, Bureau of the Census, Money Income
of Households, Families, and Persons in the United
States. Series P-60 Reports, various years, and
unpublished Historical Income Tables--Households,
Table H-5 (http://www.census.gov/hhes/income/histinc/h01ar.html),
revised August 27, 2004.
4/ Revised estimates, based on weights that expand
the count of farms to match the official USDA number
of farms. These estimates differ from other 1988-1990
estimates based on earlier weights that expanded
the count of farms to represent the farm operator
households surveyed in USDA's Farm Cost and Returns
Survey.
5/ The current definition of a family farm (used
for the 2005 and forward estimates) is based on
the Agricultural Resource Management Survey and
is one in which the majority of the farm business
assets are owned by individuals related by blood,
marriage, or adoption. Farm operator households
consist of households of the primary operators of
family farms. Household members include all persons
dependent on the household for financial support,
whether they live in the household or not. (Students
away at school, for example, are counted as household
members if they are dependents.) |
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