Sunday, May 28, 2017

Average Farm Income $900 a Year in 1947; Average Non-Farm Income Was $1,400

The Coastland Times, Manteo, N.C., published Friday, May 7, 1948

About 9 percent of the national income goes to farmers, according to recent reports of the Departments of Agriculture and Commerce. Of the $200 billion, farmers receive about 18 billion. The average farm income in 1947 was $900, compared to $1,400 for non-farm people.

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