Number of Farm Management Services Businesses in the US (2000–2023)
As of 2023
3,850
farm management services businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The farm management services industry has declined 5.2% since 2000 (from 4,061 to 3,850 firms).
- •The peak year was 2001 with 4,186 firms.
- •Recent trend (last 5 years): the industry is growing (+0.4%).
- •Employment: 66,200 workers in 2023 (4.2% change since 2000).
- •Estimated 5-year survival rate: 55%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 3,850 | 4,237 | 66,200 | 9.8% | 11.1% | -5.3% |
| 2022 | 4,051 | 4,426 | 72,901 | 13.4% | 10.9% | +4.1% |
| 2021 | 4,005 | 4,379 | 72,727 | 12.9% | 9.7% | -1.3% |
| 2020 | 3,877 | 4,229 | 73,228 | 12.1% | 9.6% | +5.0% |
| 2019 | 3,836 | 4,188 | 70,198 | 10.9% | 9.5% | +3.0% |
| 2018 | 3,784 | 4,129 | 67,790 | 10.8% | 9.6% | -0.5% |
| 2017 | 3,752 | 4,094 | 68,168 | 11.5% | 9.8% | +5.9% |
| 2016 | 3,681 | 4,031 | 65,145 | 11.7% | 9.5% | +1.6% |
| 2015 | 3,592 | 3,918 | 64,040 | 11.2% | 8.4% | +0.9% |
| 2014 | 3,529 | 3,856 | 63,894 | 9.7% | 9.6% | +3.3% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.