Median farm income, off-farm income, and total income of U.S. farm households, by farm type, 2023
In 2023, the median income from farming was $167,550 for households operating commercial family farms, and their median total household income was $253,496. Households associated with intermediate farms reported median farm income of -$1,974 and a median total household income of $62,014. Residence farms reported median income from farming of -$1,980; however, the substantial off-farm income of residence farm households provided them with higher total median income ($116,493) than intermediate farm households in 2023.
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