Farm households have substantially higher median income than the US as a whole, but their income overwhelmingly comes from non-farm sources.

Obviously what normal people mean when they want to look up information about farmers is something like “people who make a living from farming” which is evidently not what is being measured here.

But I met a guy who works for Goldman Sachs in Dallas and has a vacation house in the Hill Country that features enough cattle to get preferential property tax treatment as a ranch. He tries not to lose too much money on the ranching, but he’s not making a living that way.