Median Income of Farm Operator Households Forecast to Increase in 2026
Median total farm household income is forecast to increase to $108,460 in 2026, a 1.2-percent increase from 2025 after adjusting for inflation (4.8 percent in nominal terms).
Farm households typically receive income from farm and off-farm sources. Median farm income earned by farm households was -$495 in 2025 after inflation and is forecast to remain stable at -$467 in 2026. Many farm households primarily rely on off-farm income. Median off-farm income was $94,140 in 2025 and is forecast to remain relatively stable after adjusting for inflation at $93,975 in 2026 (though a 3.4-percent increase in nominal terms). Since farm and off-farm income are not distributed identically for every farm, median total income will generally not equal the sum of median off-farm and median farm income.
See the Farm Household Income and Characteristics data product tables for financial statistics of farm operator households.
Suggested citation for linking to this discussion:
U.S. Department of Agriculture, Economic Research Service. (2026, September 3). Farm household well-being: Farm household income forecast.