Farmers and Farm Managers

Agriculture, Food, and Natural Resources > Farmers and Farm Managers > Wages & Trends
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Farmers and Farm Managers

Farmers and Farm Managers - Wages & Trends

Farm income varies greatly depending upon the type and size of farm. For example, vegetable and cotton farms generally produce the highest income. Beef and hog farms generate some of the lowest income. Large farms generally produce more income than smaller farms. However, some small farms that produce specialty crops have high incomes.

Farmers' incomes vary greatly from year to year. The prices of farm products change depending upon weather and other factors. These factors influence the quantity of farm products produced and the demand for those products. Farms that show a large profit in one year may show a loss in the following year.

Many farmers receive payments from the government that supplement their incomes. Some of these price supports are being phased out and may result in lower incomes for these farmers. Thus, many farmers have business activities away from the farm to supplement their income.

Farmers and self-employed farm managers must supply their own benefits. As members of farm organizations, they may receive group discounts on health and life insurance. Farm managers who are not self-employed may receive housing as a benefit. They may also receive paid vacations and health insurance.

Farmers, ranchers, and other agricultural managers (SOC 11-9013)
Pay Period
Illinois Hourly $24.09 $31.43 $54.53
Yearly $50,105 $65,370 $113,428
    Champaign Area Hourly $29.05 $41.21 $50.66
Yearly $60,417 $85,714 $105,374
    Cook County Hourly $28.12 $46.79 $61.61
Yearly $58,491 $97,331 $128,142
    Du Page County Hourly $20.74 $23.31 $33.47
Yearly $43,137 $48,491 $69,618
    Peoria-Bloomington Area Hourly $29.22 $48.87 $60.95
Yearly $60,779 $101,648 $126,777
    St. Louis-Belleville Area Hourly $17.24 $19.02 $30.07
Yearly $35,857 $39,557 $62,551
United States Hourly $20.60 $32.73 $46.63
Yearly $42,850 $68,090 $96,980

Source: Illinois Career Information System (CIS) brought to you by Illinois Department of Employment Security.