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 
979 
923 
901 
56 
54 
96 
$1,000 
27,627 
26,558 
25,630 
1,069 
(D) 
847 
Farms with expenses of- 
$1 to $999 
138 
132 
132 
6 
6 
31 
$1,000 to $4,999 
260 
239 
237 
21 
21 
36 
$5,000 to $24,999 
289 
277 
268 
12 
11 
19 
$25,000 to $49,999 
145 
133 
129 
12 
12 
6 
$50,000 or more 
147 
142 
135 
5 
4 
4 
Interest expense 
farms 
4,577 
4,346 
4,288 
231 
212 
647 
$1,000 
134,395 
128,280 
127,084 
6,115 
5,125 
8,992 
Farms with expenses of- 
$1 to $4,999 
1,134 
1,059 
1,044 
75 
74 
306 
$5,000 to $24,999 
1,865 
1,777 
1,744 
88 
75 
280 
$25,000 to $99,999 
1,326 
1,269 
1,262 
57 
54 
50 
$100,000 or more 
252 
241 
238 
11 
9 
11 
Secured by real estate 
farms 
3,256 
3,091 
3,046 
165 
148 
524 
$1,000 
85,249 
81,214 
80,461 
4,036 
3,203 
6,251 
Farms with expenses of- 
$1 to $999 
175 
164 
157 
11 
11 
68 
$1,000 to $4,999 
645 
610 
604 
35 
35 
172 
$5,000 to $24,999 
1,379 
1,303 
1,277 
76 
63 
244 
$25,000 to $49,999 
618 
590 
586 
28 
27 
25 
$50,000 or more 
439 
424 
422 
15 
12 
15 
Not secured by real estate 
farms 
3,000 
2,873 
2,838 
127 
121 
326 
$1,000 
49,146 
47,067 
46,622 
2,079 
1,922 
2,742 
Farms with expenses of- 
$1 to $999 
403 
385 
373 
18 
18 
108 
$1,000 to $4,999 
811 
761 
753 
50 
48 
140 
$5,000 to $24,999 
1,253 
1,217 
1,204 
36 
34 
60 
$25,000 to $49,999 
313 
301 
301 
12 
12 
10 
$50,000 or more 
220 
209 
207 
11 
9 
8 
Property taxes paid 
farms 
6,578 
6,190 
6,082 
388 
346 
1,639 
$1,000 
69,030 
65,911 
64,204 
3,118 
2,532 
7,524 
Farms with expenses of- 
$1 to $4,999 
2,824 
2,580 
2,518 
244 
223 
1,210 
$5,000 to $9,999 
1,469 
1,403 
1,388 
66 
56 
266 
$10,000 to $24,999 
1,683 
1,627 
1,612 
56 
49 
134 
$25,000 or more 
602 
580 
564 
22 
18 
29 
All other production 
expenses (see text) 
farms 
5,927 
5,630 
5,546 
297 
270 
869 
$1,000 
298,883 
275,228 
259,013 
23,655 
19,786 
11,960 
Farms with expenses of- 
$1 to $4,999 
1,463 
1,360 
1,331 
103 
98 
585 
$5,000 to $24,999 
2,297 
2,207 
2,193 
90 
74 
213 
$25,000 to $49,999 
995 
963 
951 
32 
30 
40 
$50,000 to $99,999 
741 
705 
691 
36 
36 
10 
$100,000 or more 
431 
395 
380 
36 
32 
21 
Production expenses paid by 
landlords 1 
farms 
853 
833 
829 
20 
20 
45 
$1,000 
40,992 
39,523 
(D) 
1,469 
1,469 
1,050 
Depreciation expenses claimed 
farms 
5,900 
5,594 
5,524 
306 
275 
759 
$1,000 
424,424 
395,546 
388,140 
28,878 
17,566 
20,226 
NET CASH FARM INCOME (SEE TEXT) 
Net cash farm income of operations 
farms 
7,189 
6,739 
6,625 
450 
407 
1,789 
$1,000 
2,200,824 
2,078,676 
2,034,456 
122,148 
(D) 
87,968 
Average per farm 
dollars 
306,138 
308,455 
307,088 
271,439 
(D) 
49,171 
Farms with net gains 2 
number 
6,033 
5,698 
5,624 
335 
303 
1,342 
Average net gain 
dollars 
388,451 
388,038 
383,788 
395,487 
391,454 
86,179 
Gain of- 
Less than $1 ,000 
60 
56 
56 
4 
4 
31 
$1,000 to $4,999 
201 
169 
161 
32 
29 
142 
$5,000 to $9,999 
152 
132 
129 
20 
18 
120 
$10,000 to $24,999 
370 
348 
341 
22 
20 
301 
$25,000 to $49,999 
427 
388 
384 
39 
36 
262 
$50,000 or more 
4,823 
4,605 
4,553 
218 
196 
486 
Farms with net losses 
number 
1,156 
1,041 
1,001 
115 
104 
447 
Average net loss 
dollars 
123,445 
127,149 
123,842 
89,915 
(D) 
61,934 
Loss of- 
Less than $1 ,000 
68 
53 
50 
15 
14 
38 
$1,000 to $4,999 
170 
141 
138 
29 
25 
136 
$5,000 to $9,999 
171 
149 
144 
22 
19 
75 
$10,000 to $24,999 
187 
168 
163 
19 
18 
109 
$25,000 to $49,999 
132 
122 
117 
10 
10 
39 
$50,000 or more 
428 
408 
389 
20 
18 
50 
Net cash farm income of operators 
farms 
7,189 
6,739 
6,625 
450 
407 
1,789 
$1,000 
1,812,200 
1,714,417 
1,670,394 
97,784 
(D) 
82,155 
Average per farm 
dollars 
252,080 
254,402 
252,135 
217,298 
(D) 
45,922 
Operators reporting net gains 2 
farms 
5,941 
5,613 
5,539 
328 
296 
1,338 
Average net gain 
dollars 
330,624 
330,688 
325,626 
329,527 
324,369 
82,200 
See footnote(s) at end of table. -continued 
2012 Census of Agriculture - State Data Iowa 141 
USDA, National Agricultural Statistics Service 
