Financial Well-Being of Farm Operators and Their Households

Mary Ahearn

No 308015, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service

Abstract: Almost a sixth of all U.S. farming households suffered net income losses in 1984 while about a ninth had total incomes of more than $60,000. This disparity in a relatively high income year for the agricultural sector as a whole demonstrates the importance of income distribution in determining the overall financial well-being of farm operators and their households. Most of the average farming household's income earned on the farm came in the form of the rental value of farm dwellings, home consumption of farm-produced food, and wages and benefits operators paid themselves and their households. In 1984, about three-fifths of the total income earned by farming households came from off-farm sources.

Keywords: Consumer/Household Economics; Financial Economics (search for similar items in EconPapers)
Pages: 40
Date: 1986-09
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

Downloads: (external link)
https://ageconsearch.umn.edu/record/308015/files/aer563.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:308015

DOI: 10.22004/ag.econ.308015

Access Statistics for this paper

More papers in Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().