|
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 |
|