USDA: Median income of farm operator households expected to dip
Conversely, off-farm income contributes substantially to the total income of many farm households, especially those with smaller farms or a primary occupation other than farming.
Farm households, on average, derive roughly 60 percent of their off-farm income from wages, salaries, and operating other businesses, while the remaining portion comes mostly from interest, dividends, and private and public transfer payments.
Farm household median income remains higher than the median income of U.S. households, which was $51,939 in 2013 (the latest figure available).
This chart is based on the Farm Household Well-Being Topic Page.
Source : USDA