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Statewide Reports for 2000

Household and Personal Expenses
Minnesota State Colleges and Universities
Farm Business Management
(Farms Sorted By Net Farm Income)

Avg. Of
All Farms Low 20% 20 - 40% 40 - 60% 60 - 80% High 20%
Number of farms 791 168 164 178 164 117
Average family size 3.6 3.5 3.5 3.7 3.7 3.9
Family Living Expenses
Food and meals expense 5,307 5,132 4,785 5,101 5,496 6,339
Medical care and health insurance 4,552 3,157 3,845 4,515 5,864 5,765
Cash donations 1,210 1,191 848 959 1,292 2,012
Household supplies 3,416 3,228 3,469 3,134 3,368 4,110
Clothing 1,544 1,480 1,265 1,353 1,654 2,164
Personal care 2,628 2,332 2,353 2,533 2,716 3,461
Child / Dependent care 650 601 769 469 633 853
Gifts 1,513 1,341 1,266 1,423 1,346 2,476
Education 1,082 927 872 1,026 1,046 1,736
Recreation 2,069 1,661 1,720 1,698 2,387 3,259
Utilities (household share) 1,500 1,435 1,423 1,423 1,677 1,567
Nonfarm vehicle operating expense 2,372 2,382 2,277 2,233 2,617 2,356
Household real estate taxes 153 161 159 122 142 193
Dwelling rent 132 91 222 140 154 24
Household repairs 1,129 1,108 1,339 954 899 1,456
Nonfarm interest 803 1,146 901 496 832 601
Life insurance payments 1,593 1,405 1,472 1,537 1,630 2,065
Total cash family living expense 31,653 28,780 28,984 29,117 33,751 40,437
Family living from the farm 337 367 210 375 415 308
Total family living 31,990 29,146 29,194 29,492 34,167 40,744
Other Nonfarm Expenditures
Income taxes 6,369 4,507 5,002 5,122 6,806 12,245
Furnishing & appliance purchases 607 541 774 426 445 972
Nonfarm vehicle purchases 2,682 1,982 2,217 1,947 4,066 3,522
Nonfarm real estate purchases 3,983 3,773 6,453 4,121 1,765 3,722
Other nonfarm capital purchases 630 -706 1,366 1,140 409 1,053
Nonfarm savings & investments 1,826 1,210 830 2,836 -409 5,705
Total other nonfarm expenditures 16,099 11,307 16,643 15,593 13,080 27,218
Total cash family living
investment & nonfarm capital purch 47,752 40,087 45,627 44,709 46,831 67,655

 

 

 


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