39+ Hobby Farm Income Ideas (2024)

So you have a small backyard farm but you want to figure out how to make your money-sucking hobby at least pay for itself. It would be even better if you could get a supplemental income from it right? Before I give you some hobby farm income ideas I want to help you understand a few things about business and choosing the right source of income.

It’s one thing to start selling something and getting a few dollars in return for your efforts. But it’s another to run a farm for profit.

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You get the basic idea of breeding and selling the offspring from the livestock you raise or selling your garden produce at a farmers market. But how do you maximize your efforts and chances that someone whats to buy YOUR product?

Tips To Help You Choose The Right Income Stream

Before we get into the farm business ideas for your hobby farm let me give you some key points to help you choose the right product to sell so you can have a profitable hobby farm.

Think About The Mindset Of The Customer Who Wants To Buy The Product PLUS Your Homestead Goals

I want to make this as easy to understand as possible so let me see if I can simplify this. If you want to have a profitable business but you don’t have acres of land you have to be EXTREMELY strategic about the income streams you choose.

If you have an acre of land you have no choice but to choose products that are higher priced for your farm side hustle.

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Part 1 Of This Answer, What Fits Your Farm Goals

You don’t want to be having 5 different farm projects where some make an income, some are to supply your family with food, and some really don’t have a purpose at all. You want to have a streamlined system to be able to make money that doesn’t drive you crazy and isn’t hard to manage.

Here’s what I mean.

If you want to have a bee farm to provide your family with honey, you need to figure out what your expenses are and how many extra hives you would need to have so you could at minimum have your expenses covered. (This is where our farm profit calculator can help you figure this out)

Free Farm Goal Planner!!!

➡️Get my proven system for choosing your farm goals so you don’t get burnt out.

Or if you are raising something that is hard to get a higher price for your work you could consider having one breed to supply your meat and another breed of the same species to provide the income.

If you have meat rabbits most of those breeds are only going to sell for $15-$30 unless you can get your foot in the door with show people.

In which case you could have a trio or 5 breeding animals that could help you produce a higher income that sells for a lot more.

This is the only time I would suggest something like this.

What are people willing to pay more for that can also be a farm side hustle with the space you have?

An example would be the mindset of a person who is willing to pay $10 for a rabbit vs $75-$200 for a rabbit.

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The Mindset of The Person Willing To Pay The Price You Need

I am prowed of you for still hanging in there if you are still tracking with me. You might be feeling a bit confused but hang in there.

To have a profitable business you need to figure out what someone is willing to pay more for. And to do that you need to take the time to think about WHY someone buys something, especially at a higher price.

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For something like farm fresh honey from bees they want pure honey. For someone who is buying rabbits they either want a good show quality rabbit for showing. OR they want a pet that is unique and we all know how cray cray people can be about their pets.

Think about how these two pieces can fit together and help you create the country lifestyle you want to live but also give you a profitable hobby farm that sustains your dream life.

It’s time to get your money-sucking hobby to pay for itself!

If you’re tired of your backyard farm eating away at all your extra cash, The Profitable Backyard Farm Kickstart is for you! – Get the exact steps I took to earn multiple four figures a year in my small rabbitry.

Claim Your Kit Now

Packaging Is Everything

It doesn’t matter if you are selling animals, product from your animals, or you have a large-scale market garden. You need to make it look pretty. People are drawn to what they see.

Depending on the avenue that you plan to go for your income you will also need to think about how you present yourself to the best of your ability.

Whether that is your packaging, website, your in-person store or stand or online social platforms. If you want to make more money with less product or livestock sales then you are going to have to take your presentation to the next level.

That does not mean you have to spend more money. It can be as simple as putting in a little elbow grease.

  • Make sure your pens are neat and clean.
  • Pull weeds that are showing up where they are not supposed to. Or use our favorite thing…Roundup!
  • Make a few small pots of flowers and put them where your buyers will see them as they pull up.
  • Keep things painted.
  • If you have a website or social platform make sure it looks clean and neat. Not tacky or unprofessional. (if you struggle with choosing things like colors and fonts look up branding kits on Pinterest for inspiration.
  • Take nice images for social and edit them in the same way. (Lightroom Mobile app and presets are a great way to do this. Here are some of my favorite presets for supper cheap on Etsy)
  • and lastly, just find ways to be different and go out of your way to make people smile and answer their questions even if they don’t plan to buy from you you are building a reputation that will cause your business to grow like wild fire OR crash before you even get off the tarmac.
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Think About The Space You Have And The Income You Need

In a world where people lead with their emotions for making pretty much all choices in life, this can be hard.

Getting cute Highlander cows because you thought they were cute does not mean that you will be able to make the income you need.

If you don’t have a lot of land I don’t want you to feel bad about it or think that making a farm profitable is out of the question. Its really not. What people forget is the larger scale farms like a dairy farm or beef rancher is that they get paid WAY LESS for the product than if you went direct to the consumer.

You can also make way more if you find your specialty and it may seem small but you can charge a lot more per product.

Maybe you are an urban farmer and you don’t have much land at all. So raising several goats, sheep, cows, or other types of animals is out of the question.

So what can we do?

Well, have no fear. This post covers unique, out of the box ideas to generate income with just a few smaller animals, a small garden, or none of that at all if you are not physically capable.

If You Are Crafty

You don’t need any land or have to raise animals for these. If you are into urban farming and you just don’t have a lot of land think about these items. If you like to work with your hands and make things is fun for you then why not make a little extra on the side doing something you love?

These are the items that you can make to sell during the holiday season as gifts. Giving you a boost of income right when you need it most.

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  • Make and sell cheese and soaps. (Even if you can not raise a dairy goat, you could ask around and see who would be willing to sell you excess milk).
  • Hand paintings.
  • Home decor items.
  • Canned goods like jam seem hard for others to make and they are often willing to pay nicely for it. You can even make them out of store bough produce. You don’t have to grow it yourself.
  • Baskets.
  • Knit/Crocheted items.
  • Jewelry –Find Supplies Here on Amazon
  • Beauty Products.
  • Furniture.
  • Candles –Find all the supplies you need on Amazon.
  • Handmade decor for weddings.
  • Themed gift baskets.

It’s time to get your money-sucking hobby to pay for itself!

If you’re tired of your backyard farm eating away at all your extra cash, The Profitable Backyard Farm Kickstart is for you! – Get the exact steps I took to earn multiple four figures a year in my small rabbitry.

Claim Your Kit Now

Income Ideas For The Gardener

These income ideas are for those who have a garden. You don’t need to have a big one. Even if you have a few pots on your patio you could do a lot with them.

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  • Plant extra in your garden and sell fresh produce. (especially if you are near the city and can have a small garden. City people eat that stuff up no offense)
  • Start extra seedlings in the spring and sell them as mature plants. – Here are100 Pcs 4″ Plastic Plants Nursery Pot from Amazon
  • Split your over grown plants and sell them. These same posts will also work well for that.100 Pcs 4″ Plastic Plants Nursery Potfrom Amazon
  • Heirloom seeds at the end of the season.
  • Sell your own dried herb blends, tea/tincture blends, dip mixes, teas or salves. –Food Dehydrator Machine– This one has temperature control and a timer.
  • Flower farm – Sell your home-grown flowers or arrangements.
  • Put together hanging baskets and sell them in the springtime.
  • Grow pumpkins, gourds, and corn to sell as fall decorations.
  • Grow Fruit trees and sell the fruit.
  • Specialize in organic produce.

If your town allows, you can set up a small produce stand on your property.

Selling at a Farmer’s Market {check fees and requirements including insurance and licensing}.

Start your own website or Etsy shop and mail plant starts and seeds. You will be surprised where your orders will start to come from.

Income Ideas For Poultry Raisers

Poultry farming is a great option to have the same species but also be able to have one for producing the food for your family and the other type before getting your income.

  • Raise chickens for eggs and sell the extras. (In this scenario be willing to pivot and make a change if prices of eggs go down, markets change and they will not always hold their value).
  • Raise broiler chickens for meat.
  • Sell the old chickens as stewing hens.
  • If you have a rooster, fertilized eggs for hatching. (This will work best and you will make more if you can have one rooster to the same breed of hens so you know what breed then chicks will be).
  • Raise chickensto laying ageand sell them as layers. (Personally, I would start selling them at 6-12 weeks old. If you hold on to them any longer then that you will start eating into your profit very quickly).

Check out my blog post 4 figure profit potential for chicken farming.

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Other Out Of The Box Income Ideas For Your Hobby Farm

Most income is made by simply being creative. If you look around you will see income ideas all around you. The one word of caution I would give you is to start with one idea. Validate it and get it working well before you add another one.

It is so easy to want the money now and put the weight of the world on your shoulders. But building a business just does not work like that. It is a slow burn and you need to be willing to do the work or it won’t last.

  • Flip items you find at yard sales or second-hand.
  • Worm farm – Raise worms, sell their “poo” or castings. It is the dirt that they have processed as fertilizer. You can also sell extras for composting or worms as bait.
  • Raise fish, such as tilapia or catfish.
  • Grow mushroom logs and sell homegrown mushrooms.
  • Allow photographers to use parts of your property for photoshoots.
  • Have a few different livestock options for people to rent the animals for photoshoots. (chicks and bunnies at Easter time and so on)
  • Rent out farm space for weddings, receptions, etc
  • Teach classes. (In-person or online)
  • Take pre-orders for Holiday pies, cakes, and candies, people can pick them up at your home.
  • Make and sell preserves.
  • Beekeeping and sell the honey and beeswax.
  • If you have a lot of trees, cut and sell firewood.
  • Make and sell compost using your animal’s manure.
  • Sell wool/fiber from animals such as sheep, alpacas, angora goats, angora rabbits…
  • Cut down trees for people or offer to take away the wood for payment.
  • House sit for someone. If you haveexperiencewith animals other then dogs this is gold.
  • Animal training.

Affiliate Income For Your Hobby Farm

Don’t forget to share the products you love with your followers on social or with people who come to your site. It’s a great way to add extra income that can be set up once and let alone.

That is one of the easiest ways to “sell” something and make a little extra cash. While it may not be as much as if you would have sold a product of your own, selling someone else’s product is far less stressful and easier to do early on while your audience is small.

There are many different programs out there. Rather than signing up for 30 different programs before you even get started, think about the top 5 things you will talk about the most and see if there are affiliate programs for those.

How To Make Money With Affiliate Products Without Feeling Salesy

Create Your Own Products

Don’t be so quick to dismiss the online world because you make products or are in the country and want to teach about the animals you raise or skills you have.

There is so much you can do to make money from home and off your farm. You just have to get creative with it. Don’t be afraid to try things out and give it time to work. Start a website and make money selling online. Start an email list and create a relationship with those people who will eventually buy your products.

  • Teach people how to care for the animal you raise. Even if you have 1 horse you can teach people how to ride.
  • Have a dog you have trained? Teach people how to train their dogs.
  • Create printables and worksheets – If you created a tool that helps you organize your homestead put it on Etsy and sell it.

Everyone has a skill they can teach others. You might have to think for a minute to figure it out. But I am sure you have something.

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Build a business you enjoy. The money is nice but if you don’t like what you are doing then you will burn out and get sick of the work and people can tell when you don’t at least “like” what you are doing.

It is possible to have a profitable farming business that gives you the life you want. I have done it and its the best thing I could ever hope for getting paid to live the lifestyle I want to live.

If you are ready to take your money-sucking hobby and turn it into a business check out my eBook the Profitable Backyard Farm Playbook to start your journey TODAY!

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It’s time to get your money-sucking hobby to pay for itself!

If you’re tired of your backyard farm eating away at all your extra cash, The Profitable Backyard Farm Kickstart is for you! – Get the exact steps I took to earn multiple four figures a year in my small rabbitry.

Claim Your Kit Now

39+ Hobby Farm Income Ideas (2024)

FAQs

How much money can you make from a hobby farm? ›

With sales of other farm products (see How to Raise Meat Chickens and Pigs on Pasture ) you can probably net $40K-$50K or even more from your small farm.

How do I report hobby farm income? ›

The IRS has a complete list of considerations to review when comparing hobby and business activities. Hobby income is taxable and reported on Form 1040. Expenses associated with a hobby are not deductible. Most farms are a pass-through entity.

What is the best thing to farm to make money? ›

Here are 15 farming ideas, each with its own unique angle on profitability, requirements and potential market.
  • Specialist vegetable farming.
  • Organic crop production.
  • Herb gardening.
  • Beekeeping and honey production.
  • Aquaculture.
  • Agrotourism.
  • Livestock breeding.
  • Mushroom farming.

What is the difference between a farm and a hobby farm? ›

A hobby farm is categorized as less than 50 acres. Anything between 50 to 100 acres is considered a small-scale farm.

What are the IRS rules for hobby farms? ›

According to the IRS, a farmer needs to show a profit 3 out of 5 years, even if the profits are not large. Always showing a loss on your Schedule F, can alert the IRS that the operation may be a hobby and not a for-profit business. You can expect future profits in your farming activities.

What qualifies as a farm for IRS? ›

A farm includes livestock, dairy, poultry, fish, fruit, and truck farms. It also includes plantations, ranches, ranges, and or- chards and groves. This publication explains how the federal tax laws apply to farming. Use this publication as a guide to figure your taxes and complete your farm tax return.

What type of small farm is the most profitable? ›

10 of the Most Profitable Small Farm Crops to Add to Your Crop...
  1. Kiwis and Kiwiberries: A Top Profitable Crop for Small Farms. ...
  2. Ginger: Maximizing Returns with High-Demand Crops. ...
  3. Shiitake Mushrooms: Cultivating Profitable Farm Crops with Minimal Space. ...
  4. Microgreens: A Profitable Farm Crop in the Culinary World.
Feb 28, 2024

Which farm is best for income? ›

Top 15 Most Profitable Farming in India
  • Organic Farming. ...
  • Dairy Farming. ...
  • Poultry Farming. ...
  • Goat Farming. ...
  • Beekeeping. ...
  • Mushroom Farming. ...
  • Aquaculture. ...
  • Medicinal Plants Farming.
Jan 8, 2024

How to make money on 5 acres? ›

With an adequate water supply, five acres is suitable to raise poultry for meat or eggs, as well as small ruminants (goats and sheep). It may be possible to produce hay or silage, even on non-irrigated land, if harvest can be contracted out.

Can a hobby farm be a tax write-off? ›

Hobby Farming Expenses: As a hobby farmer, you are generally not allowed to deduct expenses related to your farming activities. Unlike business expenses that can be deducted to reduce taxable income, hobby expenses are considered personal expenses and are not deductible.

Should I make my hobby farm an LLC? ›

A significant benefit of a formal business entity such as an LLC is that the entity can protect the owners'—or members' in LLC lingo—personal assets from the farm business' liabilities. With an LLC, the members' risk is limited to the amount that they invest in the farm business. No more, no less.

How big is the average hobby farm? ›

As a general guideline, a hobby farm is less than 50 acres, with many being only 10 acres or less. As long as you have the necessary space, a hobby farm can be started just about anywhere.

Is a hobby farm worth it? ›

Hobby Farms aren't going to Provide Money – Although you might be able to get some extra cash, there is no way for it to be sustainable on its own. Plus, the IRS doesn't provide tax breaks for hobby farmers.

How much money do small farms make? ›

About 88 percent of U.S. farms are small family farms, with gross cash farm income less than $350,000. The households operating these farms typically rely on off-farm sources for the majority of their household income.

How profitable is owning a farm? ›

Did you know that there are approximately two million U.S. farms, earning a combined $549.8B annually? That means the average farm makes around $275K per year. Whether you want to get your hands dirty growing crops or raising livestock, you can make a great living doing it.

What kind of farm is most profitable? ›

Here are some profitable small farming ideas suited for rural areas.
  • Tree Nursery. A tree nursery can be a great investment when done right. ...
  • Fish Farming. ...
  • Dual Crop Farming. ...
  • Goat Farming. ...
  • Alpaca Farming. ...
  • Herb Gardening. ...
  • Bee Farming. ...
  • Aquaponics.
Sep 6, 2023

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