A small farm is a farm having less than $250,000 gross receipts annually. In 1995, the Economic Research Service (ERS) identified five primary groups of small farms. These groups are:
(a) Limited Resource. Any small farm with gross sales less than $100,000, total farm assets less than $150,000, and total operator household income less than $20,000. Limited resource farmers may report farming, a non-farm occupation, or retirement as their major occupation.
(b) Retirement. Small farms whose operators report they are retired.
(c) Residential and/or lifestyle. Small farms whose operators report a major occupation other than farming.
(d) Farming occupation and/or lower-sales. Small farms with sales less than $100,000 whose operators report farming as their major occupation.
(e) Farming occupation and/or higher sales. Small farms with sales between $100,000 and $249,000 whose operators report farming as the major occupation.