Median farm household income and median U.S. household income, 1992–2022

Dollars (2022)

Line graph with 2 lines and 31 points per line.

Line 1, Median farm operator household income.
Point 1, 1992 is 53261.
Point 2, 1993 is 52291.
Point 3, 1994 is 53479.
Point 4, 1995 is 54125.
Point 5, 1996 is 47257.
Point 6, 1997 is 57835.
Point 7, 1998 is 67633.
Point 8, 1999 is 72682.
Point 9, 2000 is 70627.
Point 10, 2001 is 71073.
Point 11, 2002 is 72660.
Point 12, 2003 is 73073.
Point 13, 2004 is 79882.
Point 14, 2005 is 79003.
Point 15, 2006 is 78979.
Point 16, 2007 is 74373.
Point 17, 2008 is 68981.
Point 18, 2009 is 69600.
Point 19, 2010 is 71313.
Point 20, 2011 is 73597.
Point 21, 2012 is 87011.
Point 22, 2013 is 91147.
Point 23, 2014 is 99888.
Point 24, 2015 is 93079.
Point 25, 2016 is 91614.
Point 26, 2017 is 88152.
Point 27, 2018 is 83610.
Point 28, 2019 is 94289.
Point 29, 2020 is 89622.
Point 30, 2021 is 98746.
Point 31, 2022 is 95418.
Line 2, Median U.S. household income.
Point 1, 1992 is 57653.
Point 2, 1993 is 57429.
Point 3, 1994 is 58072.
Point 4, 1995 is 60073.
Point 5, 1996 is 61446.
Point 6, 1997 is 62974.
Point 7, 1998 is 65452.
Point 8, 1999 is 67752.
Point 9, 2000 is 68405.
Point 10, 2001 is 66986.
Point 11, 2002 is 66280.
Point 12, 2003 is 66371.
Point 13, 2004 is 66243.
Point 14, 2005 is 67041.
Point 15, 2006 is 67649.
Point 16, 2007 is 68641.
Point 17, 2008 is 67468.
Point 18, 2009 is 66325.
Point 19, 2010 is 64880.
Point 20, 2011 is 64572.
Point 21, 2012 is 64607.
Point 22, 2013 is 66706.
Point 23, 2014 is 65653.
Point 24, 2015 is 68554.
Point 25, 2016 is 70935.
Point 26, 2017 is 72139.
Point 27, 2018 is 72879.
Point 28, 2019 is 77943.
Point 29, 2020 is 75585.
Point 30, 2021 is 75778.
Point 31, 2022 is 74580.

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.

Sources: 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 using the U.S. Department of Commerce, Bureau of Economic Analysis, Gross Domestic Product Price Index (BEA API series code: A191RG), 2022=1. Data as of November 30, 2023.