Table 67. Summary by Legal Status For Tax Purposes: 2012 (continued) 
[For meaning of abbreviations and symbols, see introductory text.] 
Corporation 
Other- 
Item 
Family held 
Other than family held 
cooperative, 
Total 
Total 
10 or less 
stockholders 
Total 
10 or less 
stockholders 
estate or trust, 
institutional, etc. 
FARM PRODUCTION EXPENSES - Con. 
Total farm production expenses 1 - Con. 
Rent and lease expenses for machinery, 
equipment, and farm share of vehicles 
farms 
438 
399 
394 
39 
38 
51 
$1,000 
(D) 
13,549 
13,378 
(D) 
(D) 
(D) 
Farms with expenses of- 
$1 to $999 
69 
57 
56 
12 
12 
17 
$1,000 to $4,999 
113 
106 
105 
7 
6 
15 
$5,000 to $24,999 
133 
123 
121 
10 
10 
13 
$25,000 to $49,999 
49 
46 
46 
3 
3 
1 
$50,000 or more 
74 
67 
66 
7 
7 
5 
Interest expense 
farms 
1,353 
1,238 
1,222 
115 
109 
255 
$1,000 
45,724 
42,868 
41,652 
2,855 
2,543 
2,975 
Farms with expenses of- 
$1 to $4,999 
394 
360 
351 
34 
34 
133 
$5,000 to $24,999 
562 
504 
503 
58 
55 
93 
$25,000 to $99,999 
301 
285 
282 
16 
14 
26 
$100,000 or more 
96 
89 
86 
7 
6 
3 
Secured by real estate 
farms 
1,001 
914 
905 
87 
82 
214 
$1,000 
29,783 
27,660 
26,604 
2,123 
(D) 
2,249 
Farms with expenses of- 
$1 to $999 
52 
42 
40 
10 
10 
19 
$1,000 to $4,999 
227 
211 
210 
16 
16 
93 
$5,000 to $24,999 
444 
398 
397 
46 
44 
81 
$25,000 to $49,999 
134 
129 
128 
5 
4 
13 
$50,000 or more 
144 
134 
130 
10 
8 
8 
Not secured by real estate 
farms 
852 
784 
773 
68 
67 
122 
$1,000 
15,940 
15,208 
15,048 
732 
(D) 
726 
Farms with expenses of- 
$1 to $999 
166 
146 
143 
20 
20 
39 
$1,000 to $4,999 
269 
252 
246 
17 
17 
56 
$5,000 to $24,999 
291 
268 
267 
23 
22 
19 
$25,000 to $49,999 
66 
60 
60 
6 
6 
5 
$50,000 or more 
60 
58 
57 
2 
2 
3 
Property taxes paid 
farms 
2,443 
2,166 
2,147 
277 
260 
779 
$1,000 
25,538 
23,480 
22,949 
2,058 
1,909 
3,035 
Farms with expenses of- 
$1 to $4,999 
1,313 
1,118 
1,108 
195 
182 
606 
$5,000 to $9,999 
510 
465 
465 
45 
44 
119 
$10,000 to $24,999 
393 
367 
362 
26 
24 
45 
$25,000 or more 
227 
216 
212 
11 
10 
9 
All other production 
expenses (see text) 
farms 
1,882 
1,720 
1,709 
162 
151 
384 
$1,000 
232,902 
212,006 
(D) 
20,897 
19,521 
4,849 
Farms with expenses of- 
$1 to $4,999 
642 
573 
569 
69 
64 
256 
$5,000 to $24,999 
581 
533 
530 
48 
45 
88 
$25,000 to $49,999 
236 
220 
220 
16 
16 
21 
$50,000 to $99,999 
184 
175 
175 
9 
9 
8 
$100,000 or more 
239 
219 
215 
20 
17 
11 
Production expenses paid by 
landlords 1 
farms 
45 
41 
41 
4 
4 
11 
$1,000 
(D) 
1,257 
1,257 
(D) 
(D) 
(D) 
Depreciation expenses claimed 
farms 
1,844 
1,678 
1,660 
166 
156 
354 
$1,000 
151,656 
143,466 
140,632 
8,190 
7,283 
7,392 
NET CASH FARM INCOME (SEE TEXT) 
Net cash farm income of operations 
farms 
2,662 
2,352 
2,331 
310 
290 
888 
$1,000 
516,055 
481,043 
(D) 
35,012 
33,689 
16,219 
Average per farm 
dollars 
193,860 
204,525 
(D) 
112,943 
116,169 
18,265 
Farms with net gains 2 
number 
1,503 
1,372 
1,356 
131 
125 
396 
Average net gain 
dollars 
402,772 
408,420 
410,511 
343,618 
336,421 
75,258 
Gain of- 
Less than $1 ,000 
42 
31 
31 
11 
9 
46 
$1,000 to $4,999 
124 
105 
105 
19 
18 
89 
$5,000 to $9,999 
90 
82 
80 
8 
8 
50 
$10,000 to $24,999 
145 
125 
122 
20 
20 
68 
$25,000 to $49,999 
146 
127 
125 
19 
19 
51 
$50,000 or more 
956 
902 
893 
54 
51 
92 
Farms with net losses 
number 
1,159 
980 
975 
179 
165 
492 
Average net loss 
dollars 
77,059 
80,928 
(D) 
55,874 
50,689 
27,607 
Loss of- 
Less than $1 ,000 
36 
29 
29 
7 
7 
44 
$1,000 to $4,999 
188 
155 
153 
33 
29 
165 
$5,000 to $9,999 
184 
145 
145 
39 
39 
96 
$10,000 to $24,999 
257 
222 
222 
35 
33 
89 
$25,000 to $49,999 
184 
168 
168 
16 
14 
37 
$50,000 or more 
310 
261 
258 
49 
43 
61 
Net cash farm income of operators 
farms 
2,662 
2,352 
2,331 
310 
290 
888 
$1,000 
494,432 
459,875 
(D) 
34,557 
33,487 
15,167 
Average per farm 
dollars 
185,737 
195,525 
(D) 
1 1 1 ,474 
115,471 
17,080 
Operators reporting net gains 2 
farms 
1,496 
1,365 
1,349 
131 
125 
395 
Average net gain 
dollars 
391,129 
395,820 
397,781 
342,252 
334,990 
74,422 
See footnote(s) at end of table. -continued 
2012 Census of Agriculture - State Data 
USDA, National Agricultural Statistics Service 
Michigan 143 
