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 
2,356 
1,699 
266 
201 
$1,000 
33,183 
16,011 
7,144 
5,701 
Farms with expenses of- 
$1 to $999 
855 
719 
61 
48 
$1,000 to $4,999 
692 
523 
68 
49 
$5,000 to $24,999 
540 
336 
76 
55 
$25,000 to $49,999 
124 
59 
28 
23 
$50,000 or more 
145 
62 
33 
26 
Interest expense 
farms 
14,368 
11,561 
1,254 
923 
$1,000 
207,217 
123,230 
32,669 
26,629 
Farms with expenses of- 
$1 to $4,999 
7,147 
6,100 
492 
340 
$5,000 to $24,999 
5,257 
4,276 
416 
308 
$25,000 to $99,999 
1,702 
1,089 
283 
227 
$100,000 or more 
262 
96 
63 
48 
Secured by real estate 
farms 
10,683 
8,659 
910 
689 
$1,000 
156,900 
95,635 
21,853 
17,655 
Farms with expenses of- 
$1 to $999 
1,299 
1,113 
95 
73 
$1,000 to $4,999 
3,572 
3,069 
235 
167 
$5,000 to $24,999 
4,349 
3,559 
351 
268 
$25,000 to $49,999 
861 
592 
122 
96 
$50,000 or more 
602 
326 
107 
85 
Not secured by real estate 
farms 
7,916 
6,271 
741 
537 
$1,000 
50,316 
27,596 
10,816 
8,974 
Farms with expenses of- 
$1 to $999 
2,439 
2,104 
168 
107 
$1,000 to $4,999 
3,436 
2,838 
254 
186 
$5,000 to $24,999 
1,630 
1,139 
212 
160 
$25,000 to $49,999 
269 
132 
71 
58 
$50,000 or more 
142 
58 
36 
26 
Property taxes paid 
farms 
47,883 
41,662 
2,963 
2,081 
$1,000 
142,392 
97,189 
18,599 
14,107 
Farms with expenses of- 
$1 to $4,999 
42,518 
38,081 
2,198 
1,478 
$5,000 to $9,999 
3,294 
2,431 
386 
297 
$10,000 to $24,999 
1,528 
929 
241 
195 
$25,000 or more 
543 
221 
138 
111 
All other production 
expenses (see text) 
farms 
24,030 
19,696 
1,915 
1,408 
$1,000 
445,561 
213,453 
73,848 
56,797 
Farms with expenses of- 
$1 to $4,999 
16,722 
14,821 
958 
660 
$5,000 to $24,999 
4,547 
3,333 
494 
380 
$25,000 to $49,999 
1,198 
733 
174 
142 
$50,000 to $99,999 
789 
435 
149 
112 
$100,000 or more 
774 
374 
140 
114 
Production expenses paid by 
landlords 1 
farms 
1,289 
1,040 
113 
84 
$1,000 
19,202 
10,746 
(D) 
3,178 
Depreciation expenses claimed 
farms 
21,337 
17,350 
1,793 
1,296 
$1,000 
587,362 
329,036 
94,402 
72,350 
NET CASH FARM INCOME (SEE TEXT) 
Net cash farm income of operations 
farms 
50,218 
43,563 
3,132 
2,199 
$1,000 
2,864,522 
1,552,324 
473,131 
372,697 
Average per farm 
dollars 
57,042 
35,634 
151,063 
169,485 
Farms with net gains 2 
number 
21,700 
18,021 
1,699 
1,209 
Average net gain 
dollars 
156,912 
106,738 
321,339 
354,707 
Gain of- 
Less than $1 ,000 
2,330 
2,127 
109 
60 
$1,000 to $4,999 
4,850 
4,434 
223 
160 
$5,000 to $9,999 
2,673 
2,374 
191 
126 
$10,000 to $24,999 
3,050 
2,672 
151 
93 
$25,000 to $49,999 
2,088 
1,744 
145 
93 
$50,000 or more 
6,709 
4,670 
880 
677 
Farms with net losses 
number 
28,518 
25,542 
1,433 
990 
Average net loss 
dollars 
18,952 
14,533 
50,819 
56,711 
Loss of- 
Less than $1 ,000 
2,972 
2,808 
81 
55 
$1,000 to $4,999 
9,834 
9,130 
360 
233 
$5,000 to $9,999 
6,294 
5,761 
255 
169 
$10,000 to $24,999 
5,589 
4,931 
356 
236 
$25,000 to $49,999 
2,230 
1,849 
167 
136 
$50,000 or more 
1,599 
1,063 
214 
161 
Net cash farm income of operators 
farms 
50,218 
43,563 
3,132 
2,199 
$1,000 
1,935,698 
1,055,592 
296,577 
220,904 
Average per farm 
dollars 
38,546 
24,231 
94,693 
100,457 
Operators reporting net gains 2 
farms 
21,493 
17,868 
1,680 
1,194 
Average net gain 
dollars 
117,253 
81,479 
229,810 
244,659 
See footnote(s) at end of table. -continued 
140 North Carolina 2012 Census of Agriculture - State Data 
USDA, National Agricultural Statistics Service 
