Median farm household income and median U.S. household income, 1993–2023

Dollars (2023)

Line chart with 31 groups, 2 lines per group.

Group 1, 1993.
Line 1, Median U.S. household income 57912.
Line 2, Median farm operator household income 52731.
Group 2, 1994.
Line 1, Median U.S. household income 58585.
Line 2, Median farm operator household income 53952.
Group 3, 1995.
Line 1, Median U.S. household income 60600.
Line 2, Median farm operator household income 54600.
Group 4, 1996.
Line 1, Median U.S. household income 61797.
Line 2, Median farm operator household income 47526.
Group 5, 1997.
Line 1, Median U.S. household income 63329.
Line 2, Median farm operator household income 58160.
Group 6, 1998.
Line 1, Median U.S. household income 66021.
Line 2, Median farm operator household income 68221.
Group 7, 1999.
Line 1, Median U.S. household income 68304.
Line 2, Median farm operator household income 73274.
Group 8, 2000.
Line 1, Median U.S. household income 68798.
Line 2, Median farm operator household income 71033.
Group 9, 2001.
Line 1, Median U.S. household income 67569.
Line 2, Median farm operator household income 71693.
Group 10, 2002.
Line 1, Median U.S. household income 66979.
Line 2, Median farm operator household income 73426.
Group 11, 2003.
Line 1, Median U.S. household income 67007.
Line 2, Median farm operator household income 73773.
Group 12, 2004.
Line 1, Median U.S. household income 67001.
Line 2, Median farm operator household income 80797.
Group 13, 2005.
Line 1, Median U.S. household income 67966.
Line 2, Median farm operator household income 80093.
Group 14, 2006.
Line 1, Median U.S. household income 68780.
Line 2, Median farm operator household income 80300.
Group 15, 2007.
Line 1, Median U.S. household income 69886.
Line 2, Median farm operator household income 75723.
Group 16, 2008.
Line 1, Median U.S. household income 67972.
Line 2, Median farm operator household income 69497.
Group 17, 2009.
Line 1, Median U.S. household income 67450.
Line 2, Median farm operator household income 70780.
Group 18, 2010.
Line 1, Median U.S. household income 65596.
Line 2, Median farm operator household income 72100.
Group 19, 2011.
Line 1, Median U.S. household income 64987.
Line 2, Median farm operator household income 74071.
Group 20, 2012.
Line 1, Median U.S. household income 65025.
Line 2, Median farm operator household income 87574.
Group 21, 2013.
Line 1, Median U.S. household income 67409.
Line 2, Median farm operator household income 92109.
Group 22, 2014.
Line 1, Median U.S. household income 66568.
Line 2, Median farm operator household income 101281.
Group 23, 2015.
Line 1, Median U.S. household income 69987.
Line 2, Median farm operator household income 95025.
Group 24, 2016.
Line 1, Median U.S. household income 72379.
Line 2, Median farm operator household income 93478.
Group 25, 2017.
Line 1, Median U.S. household income 73663.
Line 2, Median farm operator household income 90015.
Group 26, 2018.
Line 1, Median U.S. household income 74598.
Line 2, Median farm operator household income 85581.
Group 27, 2019.
Line 1, Median U.S. household income 79975.
Line 2, Median farm operator household income 96747.
Group 28, 2020.
Line 1, Median U.S. household income 77748.
Line 2, Median farm operator household income 92187.
Group 29, 2021.
Line 1, Median U.S. household income 78266.
Line 2, Median farm operator household income 101989.
Group 30, 2022.
Line 1, Median U.S. household income 77394.
Line 2, Median farm operator household income 101713.
Group 31, 2023.
Line 1, Median U.S. household income 80610.
Line 2, Median farm operator household income 97984.

Note: Differences between farm operator income estimates from 2012 and forward include changes in survey methodology and implementation associated with the 2012 Agricultural Resource Management Survey in addition to changes in the economic situation of farm households. Changes to U.S. median household 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.

Source: 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 to 2023 dollars using the U.S. Department of Commerce, Bureau of Economic Analysis, Personal Consumption Expenditure Price Index (BEA Table 2.8.4 line 1). Data as of December 3, 2024.