The Farmer's Income Page: Title Page
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UNITED STATES DEPARTMENT (TF AGRI CULTURE
WASHINGTON, D. C. 746 JULY 6, 1916
OFFICE OF THE SECRETARY.
Contribution from the Office of Farm Management, W. J. Spillman, Chief.
THE FARMER'S INCOME.'
By E. A. GOLDENWEISER, Statistician.
A comparison of the farmer's income with that of other classes of
workers is difficult because the farming business has not been entirely
reduced to a money basis.
The average farm family has earnings, including house rent and the
value of food and fuel supplied by the farm, about equal to those of
the average industrial family, but the farmer has the advantage of a
much lower cost of living and has, in addition to his earnings, the
interest on the money he has invested in his farm business.
The wages of the average farmer are about $600,2 composed of
about $200 in cash and about $400 supplied by the farm. The aver-
age wage earner in a factory earns about $460, and the average salaried
employee about $1,200. Thus the farmer's wages are higher than
those of industrial wage workers but lower than those of salaried
employees in industry. (See fig. 1.)
In view of the lower cost of living on the farm and the fact that
two-thirds of the farmers have interest in addition to wages, it
appears that farmers, as a class, are better off than the majority of
persons engaged in other pursuits.
NATURE OF FARM BUSINESS.
The business of the farm is so complex and so different in many
particulars from that of other enterprises that it is a difficult task
to measure the income earned by farmers in terms comparable to
1 This bulletin is based on a circular on this subject by W. J. Spillman, issued July 19, 1913, on Bulletin
No. 635, entitled "What the Farm Contributes Directly to the Farmer's Living," by W. Ch-unk, and on
statistics collected by the Office of Farm Management and the Demonstration Service, of this department,
by the Bureau of the Census, the Bureau of Labor, and the Immigration Commission.
2 See pp. 5 and 6.
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Goldenweiser, E. A. (Emanuel Alexandrovich), 1883-1953. The Farmer's Income, pamphlet, 1916; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc96403/m1/1/: accessed December 14, 2018), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.