what percent of all farms in the us are small family farms
Family farm Small family farms are defined as those with annual gross cash farm income (GCFI) of less than $350,000; in 2011, these accounted for 89.71 percent of all US farms. Because low net farm incomes tend to predominate on such farms, most farm families on small family farms are extremely dependent on off-farm income. Small family farms in which the principal operator was mostly employed off-farm accounted for 41.87 percent of all farms and 14.6 percent of total US farm area; median net farm income was $788. Retirement family farms were small farms accounting for 16.29 percent of all farms and 6.5 percent of total US farm area; median net farm income was $5,002.