"Torsten Brinch" wrote in message
...
On Wed, 8 Jan 2003 15:06:57 -0000, "Michael Saunby"
wrote:


"Torsten Brinch" wrote in message
.. .
On 8 Jan 2003 01:41:17 -0800, (Gordon Couger)
wrote:

You can't compare running a business to working for wages.

I think you mean, they -can- be compared, but will then be found to
be different on a number of aspects. But both activities are to make
income to cover the living expenses and investments of people, and you
can very well compare the income generated by running a business to
the income generated by working for a wage.

The UK farm economy statisticians do calculate several measures of
farm income, e.g. Net Farm Income and Cash Income. The statisticians
say: for comparisons with the income of employees in other sectors of
society, do not use the Net Farm Income figures, use the Cash Income
figures.

Avg. annual Cash Income per farm in UK was about £55000 in 1995,
decreased to about £30000 during the most recent years up to 2002.

For comparison, the avg income earner in UK has had a total income
of between £20000 and £15000 per year during the same period.


.. household incomes.

For comparison, the avg household in UK has had an income of between
£19000 and £23000 per year during the same period.

Sure, when you include households with NO income earner and single parent
households. I suppose you could allow for this if the average cash income
per farm includes all small holdings and other farms that generated little
or no income.

The average household income where one or more adults is working is going
to be roughly £35,000. In household more like family farms where two
adults are working it will be rather more than that.

Michael Saunby