Depending on which figures you choose to use, unemployment in America is approaching 20%, a figure that is quite remarkable. Fully 1/5 of the people in America who could be working are not currently working. I think urban farming could be this generation’s way to handle unemployment, sort of like a 2011 version of the CCC.
When you are willing to trade your labor for less space and less machinery you can create an amazing income from a small land base. SPIN farming is a method developed by a farming couple in Canada when they realized that they could make more money by growing intensively on less land if they grew the right crops at the right times.
They have a farm income calculator on their site that suggests that a farmer with 1/2 an acre can generate $24,000 in gross sales on the low end up to $72,000 on the high end. I think this is doable as well, but it does require a bit more marketing and growing of high value crops. We use a CSA model for our urban farm and I don’t think that will get us to those dollar figures because a CSA model is similar to a bulk food model vs. a model where you would grow exclusively high value crops like exotic green, radishes or beets for restaurants.