Household and Personal Expenses
Farm Business Management - Moorhead
Northland Community and Technical College
(Farms Sorted By Net Farm Income)
| Avg. Of | |||
| All Farms | 40 - 60% | High 20% | |
| Number of farms | 8 | 3 | 1 |
| Average family size | 2.5 | 2.7 | 2.0 |
| Family Living Expenses | |||
| Food and meals expense | 5,144 | 3,923 | 4,438 |
| Medical care | 3,198 | 1,961 | 4,697 |
| Health insurance | 1,914 | 580 | 2,022 |
| Cash donations | 1,204 | 1,229 | 1,507 |
| Household supplies | 4,012 | 5,610 | 7,211 |
| Clothing | 2,310 | 1,046 | 4,380 |
| Personal care | 843 | 664 | 498 |
| Child / Dependent care | - | - | - |
| Alimony and Child support | - | - | - |
| Gifts | 829 | 1,013 | 1,630 |
| Education | 1,766 | 1,451 | - |
| Recreation | 1,539 | 766 | 914 |
| Utilities (household share) | 1,730 | 1,986 | 1,929 |
| Nonfarm vehicle operating expense | 2,215 | 4,061 | 845 |
| Household real estate taxes | 352 | 484 | - |
| Dwelling rent | - | - | - |
| Household repairs | 571 | 60 | 1,595 |
| Nonfarm interest | 1,602 | 3,168 | - |
| Disability / Long term care insuran | 154 | - | 235 |
| Life insurance payments | 1,098 | 826 | 3,243 |
| Nonfarm property insurance | 338 | 647 | - |
| Miscellaneous | 1,041 | 659 | 6,211 |
| Total cash family living expense | 31,857 | 30,134 | 41,355 |
| Family living from the farm | 106 | 283 | - |
| Total family living | 31,963 | 30,417 | 41,355 |
| Other Nonfarm Expenditures | |||
| Income taxes | 12,694 | 6,803 | 54,587 |
| Furnishing & appliance purchases | 906 | 2,417 | - |
| Nonfarm vehicle purchases | 2,256 | 5,900 | - |
| Nonfarm real estate purchases | 625 | - | - |
| Other nonfarm capital purchases | - | - | - |
| Nonfarm savings & investments | 3,450 | 3,539 | 6,892 |
| Total other nonfarm expenditures | 19,932 | 18,658 | 61,479 |
| Total cash family living | |||
| investment & nonfarm capital purch | 51,788 | 48,792 | 102,834 |