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That average is prob skewed by the big earning farms with the median likely lower. But the income is likely in some way correlated to the value of the farm therefore I wouldn't really expect those on the median profit to be paying iht. I wonder what the median income for farms worth over £1m and £3m is.
dst2-
Yeah, I agree. I did try and find the raw data to take a peek at that, but I couldn't easily find it. It sounds the Farm Business Survey and DEFRA surveys are the main source of data for this.
I worry that even if I were able to get the raw data it might not be all that useful, though. Everything I read online says that farms with a standard output of less than 25k EUR are excluded from the data. I don't know for sure, but it feels like there's probably lots of farms in a given year operating at a loss or a tiny profit, given the nature of the business.
As you point out, excluding those lowest profit farms will further skew the average.
hazzelfrazzel
I double checked, and it's "Farm Business Income". I couldn't easily find that defined online, other than here. It says it is similar to net profit, so my takeaway that this figure is post-tax.
You're right that there's a load of things a farmer could include in their business expenses that others could not. They own their housing outright, and would purchase all vehicles via the business. Don't get me wrong, 45k per year for a family in that situation isn't poverty line, but it's also not balling. Obviously the average as a statistical measure hides a lot, so there will be plenty who are poverty line, and plenty who are balling.
Haha yep, I think I've fallen the wrong side of the cunt-o-meter here! I had perhaps naively thought that this forum of people who either actively or at one time did enjoy being outdoors cycling where others tend to favour being indoors might have some sympathy with another slice of society who also enjoy being outdoors where others tend to favour being indoors. I'm guessing the London-centric nature of the forum means many have often experienced farming in ways which conflicts with their own hobby.