Distribution of farm households by measures of economic well-being, 2022


Bar chart with 4 items.

Item 1, Low income, low wealth 0.85.
Item 2, Low income, high wealth 36.85.
Item 3, High income, low wealth 1.01.
Item 4, High income, high wealth 61.29.

Note: Income and wealth levels for farm households are compared to the median levels of income and wealth of all U.S. households. The median income level used for comparison purposes is $74,580 and median wealth is $140,560 for all U.S. households in 2022.

Sources: USDA, Economic Research Service and USDA, National Agricultural Statistics Service, Agricultural Resource Management Survey; U.S. Department of Commerce, Bureau of the Census, Current Population Survey; and the Federal Reserve Board, Survey of Consumer Finances. Data as of November 30, 2023.