Table 67. Summary by Legal Status For Tax Purposes: 2012 (continued) 
[For meaning of abbreviations and symbols, see introductory text.] 
Item 
Total 
Family or 
individual 
Partnership 
Total 
Registered 
under 
state law 
FARM PRODUCTION EXPENSES - Con. 
Total farm production expenses 1 - Con. 
Rent and lease expenses for machinery, 
equipment, and farm share of vehicles 
farms 
7,599 
6,015 
509 
379 
$1,000 
130,029 
75,505 
26,051 
23,488 
Farms with expenses of- 
$1 to $999 
1,883 
1,648 
66 
45 
$1,000 to $4,999 
2,384 
1,955 
133 
81 
$5,000 to $24,999 
2,123 
1,664 
151 
117 
$25,000 to $49,999 
624 
405 
68 
53 
$50,000 or more 
585 
343 
91 
83 
Interest expense 
farms 
48,464 
40,494 
2,746 
2,007 
$1,000 
928,806 
683,307 
102,112 
84,197 
Farms with expenses of- 
$1 to $4,999 
17,852 
15,548 
864 
616 
$5,000 to $24,999 
20,536 
17,351 
1,040 
749 
$25,000 to $99,999 
8,766 
6,769 
621 
465 
$100,000 or more 
1,310 
826 
221 
177 
Secured by real estate 
farms 
37,667 
31,822 
2,065 
1,508 
$1,000 
629,337 
471,665 
66,172 
54,594 
Farms with expenses of- 
$1 to $999 
3,410 
3,011 
156 
123 
$1,000 to $4,999 
10,475 
9,176 
482 
345 
$5,000 to $24,999 
17,116 
14,653 
840 
592 
$25,000 to $49,999 
4,012 
3,081 
288 
209 
$50,000 or more 
2,654 
1,901 
299 
239 
Not secured by real estate 
farms 
29,547 
24,452 
1,769 
1,289 
$1,000 
299,469 
211,641 
35,941 
29,603 
Farms with expenses of- 
$1 to $999 
6,120 
5,290 
319 
224 
$1,000 to $4,999 
10,797 
9,271 
575 
393 
$5,000 to $24,999 
9,781 
7,934 
534 
403 
$25,000 to $49,999 
1,872 
1,372 
177 
136 
$50,000 or more 
977 
585 
164 
133 
Property taxes paid 
farms 
81,527 
68,787 
4,523 
3,192 
$1,000 
437,312 
324,621 
36,137 
26,595 
Farms with expenses of- 
$1 to $4,999 
55,961 
49,175 
2,752 
1,931 
$5,000 to $9,999 
14,614 
12,050 
829 
582 
$10,000 to $24,999 
8,887 
6,392 
678 
495 
$25,000 or more 
2,065 
1,170 
264 
184 
All other production 
expenses (see text) 
farms 
59,161 
48,919 
3,446 
2,441 
$1,000 
1,161,488 
648,807 
201,839 
180,410 
Farms with expenses of- 
$1 to $4,999 
30,125 
26,619 
1,458 
983 
$5,000 to $24,999 
19,373 
15,752 
1,111 
785 
$25,000 to $49,999 
5,439 
4,018 
386 
277 
$50,000 to $99,999 
2,750 
1,748 
251 
196 
$100,000 or more 
1,474 
782 
240 
200 
Production expenses paid by 
landlords 1 
farms 
6,266 
5,015 
353 
253 
$1,000 
226,086 
167,935 
16,109 
13,060 
Depreciation expenses claimed 
farms 
55,052 
45,146 
3,247 
2,300 
$1,000 
2,098,284 
1,432,277 
221,358 
179,436 
NET CASH FARM INCOME (SEE TEXT) 
Net cash farm income of operations 
farms 
88,637 
74,673 
4,986 
3,497 
$1,000 
9,779,193 
6,470,678 
1,019,723 
801,324 
Average per farm 
dollars 
110,329 
86,654 
204,517 
229,146 
Farms with net gains 2 
number 
62,780 
51,546 
3,859 
2,736 
Average net gain 
dollars 
171,276 
139,345 
287,848 
319,510 
Gain of- 
Less than $1 ,000 
2,090 
1,905 
94 
69 
$1,000 to $4,999 
5,941 
5,314 
284 
185 
$5,000 to $9,999 
4,541 
4,014 
255 
158 
$10,000 to $24,999 
8,742 
7,605 
466 
341 
$25,000 to $49,999 
8,325 
7,143 
493 
335 
$50,000 or more 
33,141 
25,565 
2,267 
1,648 
Farms with net losses 
number 
25,857 
23,127 
1,127 
761 
Average net loss 
dollars 
37,649 
30,787 
80,818 
95,737 
Loss of- 
Less than $1 ,000 
2,094 
1,910 
78 
49 
$1,000 to $4,999 
6,783 
6,256 
221 
148 
$5,000 to $9,999 
4,995 
4,574 
175 
115 
$10,000 to $24,999 
5,805 
5,221 
288 
188 
$25,000 to $49,999 
2,672 
2,376 
125 
85 
$50,000 or more 
3,508 
2,790 
240 
176 
Net cash farm income of operators 
farms 
88,637 
74,673 
4,986 
3,497 
$1,000 
8,279,386 
5,487,799 
897,231 
691,494 
Average per farm 
dollars 
93,408 
73,491 
179,950 
197,739 
Operators reporting net gains 2 
farms 
62,158 
51,046 
3,833 
2,712 
Average net gain 
dollars 
149,834 
122,382 
258,826 
283,040 
See footnote(s) at end of table. -continued 
140 Iowa 2012 Census of Agriculture - State Data 
USDA, National Agricultural Statistics Service 
