Average Annual Farm Family Income Across Australian Statistical Divisions

Average annual family income data for Australian broadacre and dairy farms from 1996-1997 to 1998-1999. The dataset was created by the Australian Bureau of Agricultural and Resource Economics and Sciences from annual farm survey interviews and farm accounts. Data is aggregated at the Statistical Division level for Australia.

Use Cases

• Analyze regional disparities in farm family income using the 'Faminc' column across 'Sd name' regions.
• Assess data reliability for income estimates by incorporating the 'RSE' (relative standard error) column into analyses.
• Correlate farm income levels with agricultural land use scale using the 'Ag_land_ha' column, noting special values for metropolitan (-99999) and no-data (-88888) areas.
• Map economic well-being of farm households by joining 'Faminc' data to geospatial boundaries using the 'Sd code' identifier.

Strengths

• Data represents a three-year average (1996-1997 to 1998-1999), smoothing single-year volatility.
• Includes a measure of estimate precision via the 'RSE' (relative standard error) column.
• Provides geospatial context with agricultural land area ('Ag_land_ha') for each Statistical Division.

Limitations

• Temporal coverage is limited to a short, historical three-year period ending in 1998-1999.
• Special value codes (-99999, -88888) in 'Ag_land_ha' require handling and limit analysis for metropolitan and no-data areas.
• Sample size and row count are unknown, preventing assessment of statistical power.

Provenance

Source

Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES), Department of Agriculture Fisheries and Forestry.

Collection Method

Collected via annual farm survey interviews of owner-manager farms, supplemented by farm account information.

Time Range

1996-1997 to 1998 1999 (three-year average).

Freshness

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Geography

Australia, aggregated at the Statistical Division (SD) level.