Are the Amish Rich? (Wealth & Economy Guide) (2024)

Some find it baffling that the Amish can not only survive without modern amenities and technology, but thrive! So, are they hoarding secret stashes of cash? Are the Amish rich?

The answer isn’t as straightforward as you’d think.

We’ll walk you through what the Amish value, how they make money, and if they’re rich by modern definitions.

What this article covers:

  • Amish Values
  • How Do Amish People View Wealth?
  • How Do the Amish Make Money?
  • Amish Tips for Living Well

Amish Values

The Amish are a tight-knit community of people who live in rural communities and shun modern comforts and conveniences. They prioritize faith and community over material wealth. In addition, they have managed to preserve their culture and traditions for centuries.

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The Amish, known for their simplicity, strong work ethic, and traditional lifestyle, have a unique approach to money. They thrive in agriculture and small businesses. As a self-sufficient community, they've accumulated wealth for centuries and continue to defy the odds in today's modern world.

In times of economic turmoil, such as the current inflation, and recession, the Amish may be comfortable and largely unaffected by these challenges. Here's a closer look at some reasons for their resilience.

How Do Amish People View Wealth?

There are indeed wealthy Amish people, but their view of wealth differs from that of most Americans. While they acknowledge the importance of money, the Amish believe it isn't the most crucial aspect of life.

Instead, they prioritize using their material wealth to fulfill basic needs such as food and clothing rather than luxuries. This explains why Amish people carry their items inpicnic baskets and preserve wealth for many years.

Amish people are not opposed to wealth but emphasize the need for hard work and diligence when creating wealth. Did the Amish enslave people? No, the Amish didn’t practice slavery. They’ve always taught their children to work hard from an early age so they can earn an honest living when they grow up.

It's rare to find the Amish living in debt. Student debts are foreign to them. Instead of going to college, young Amish people take a job in carpentry, farming, or weavingEaster baskets if this is their family business interest.

The Amish typically avoid discussing financial matters and wealth. They have an alternative money system, a hybrid model of dollars, real property and commodities. The median annual household income for Amish families is $42,000.

How Do the Amish Make Money?

Do Amish people work? Absolutely yes. The Amish make money in a variety of ways, and all of them involve hard work. Here are some common ways that the Amish make money.

Farm Produce

Amish farming is done on large acres of land and is thus a big part of their income. They make money from selling dairy products, cereals, livestock, and eggs.

Some sell their goods at farmers' markets or roadside stands, while others sell directly to consumers who visit their farms. They use their inexpensive Amish farming methods to make substantial profits from agriculture.

At-Home Shops

Most Amish people work in at-home shops selling handmade products like bread baskets to people who visit their homes. These businesses typically include quilts, pies, cookies or other baked goods. Some make furniture and Amish joinery products that they sell door-to-door or at local markets.

Mobile or Remote Businesses

Many Amish people run businesses based at home or on the road, such as construction crews. The workers go from place to place, working for different employers, which keeps them from having to set up shop in one location permanently.

Tourist Attractions

Some Amish communities offer tourists access to museums, farms and shops where visitors can learn about Amish culture. Visitors pay entry fees and can also buy souvenirs like locally maderattan storage baskets for shelves, quilts, or handcrafted furniture pieces.

Part-Time Businesses

One popular example of Amish part-time businesses is their market stands in Pennsylvania Dutch markets. Here, the Amish showcase their fresh produce, delicious homemade baked goods, and beautifully crafted items, charming locals and tourists alike.

Amish Tips for Living Well

If you’re wondering how the Amish stay financially stable and maintain an Amish economic system that’s resistant to popular economic shocks, we’ve compiled a few tips from the Amish on how to live well:

Save your money

They believe saving money for the future is important, so they save as much as possible in an Amish bank: a bank that understands their culture and needs. They also save money by buying used items whenever possible instead of purchasing new ones. Because they are big savers, they always have enough money for emergencies or retirement.

Avoid debt at all costs

The Amish oppose debt and refrain from using credit cards or taking loans from others. Consequently, many Amish individuals do not maintain checking accounts because they don’t use checks.

The Amish don't own luxury fuel-guzzler cars. How do the Amish cut grass? They use old school push mowers that don't need fuel. They use solar power or gas to cook, light their houses, and boil water, saving them vast amounts of money.

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Work hard

The Amish have a strong sense of community and work hard to build strong relationships with each other and their neighbors.

Because they care for each other, the less fortunate Amish don't suffer the negative consequences of capitalism, such as homelessness and starvation.

Further, the Amish believe that if you work hard, you'll be rewarded with wealth in this life and salvation in the next.

Make real investments

If you’re wondering “How do the Amish buy land?”, the Amish buy land just like anyone else does—with money! However, there’s one major difference between how they buy land and how most people do it – they use cash.

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Cut your expenses

The Amish don’t believe in health insurance or Medicare/Medicaid. They believe God will heal them if they get sick, so they don't spend money on medical bills or prescriptions.

They also don't believe in going to the doctor unless it’s absolutely necessary because doctors use modern medicine, which is against their religion.

Conclusion

In a world obsessed with accumulating wealth and possessions, the Amish have chosen a different path that leads to deeper, more meaningful living.

So, are Amish people rich? The straightforward answer is that the Amish may not possess substantial monetary wealth, yet they’re rich in many other ways. They’re well-equipped with all the essentials for survival and comfort, and their culture has kept them thriving for centuries without compromising their values and beliefs. If you ask us, that’s plenty rich!

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Are the Amish Rich? (Wealth & Economy Guide) (2024)

FAQs

Are the Amish Rich? (Wealth & Economy Guide)? ›

The straightforward answer is that the Amish may not possess substantial monetary wealth, yet they're rich in many other ways. They're well-equipped with all the essentials for survival and comfort, and their culture has kept them thriving for centuries without compromising their values and beliefs.

What kind of economy do the Amish have? ›

Agriculture/Farming

The Amish have been farming, raising animals, and growing crops since they first arrived in North America in the 18th century.

What is the average income of the Amish? ›

The A.C.S. reports 42.68% of the families live on $35,000 to $49,999 and less than five percent live on $50,000 to $74,999, yet 19% earn between $100,000 and $149,999. Although there is a possibility that all of the people earning about $100,000 or more are non-Amish, it is unlikely.

Are the Amish self sufficient? ›

The Amish are known for simple living, plain dress, Christian pacifism, and slowness to adopt many conveniences of modern technology, with a view neither to interrupt family time, nor replace face-to-face conversations whenever possible, and a view to maintain self-sufficiency.

What do Amish buy at Walmart? ›

Given their agrarian lifestyle, the Amish might purchase gardening tools, seeds, and farming supplies from Walmart. These items are essential for maintaining their farms and gardens, which are central to their self-sustaining community life.

Do Amish have social security numbers? ›

While the Amish are governed by the law, they don't want to have social security numbers. However, they do get one when they join the church as an adult. Because the Amish come from the Anabaptist tradition, they believe that you should be baptized as an adult when you're fully able to consent.

How do the Amish afford their homes? ›

The most common way Amish families finance their homes is through community and family support. When a young couple is ready to start their own household, the community often comes together in what is known as a “barn raising,” which can also apply to home construction.

Do Amish people get money from the government? ›

The Amish communities strive to maintain independence from the government and they believe that accepting financial help from them compromises their independence. So yes, the Amish do receive stimulus checks and they qualify for one, but they're reluctant to accept help from the government.

Are Amish homes clean? ›

Cleanliness is important to the Amish people, despite what outsiders may think. The Amish keep their homes and themselves clean. Amish bathing is just not quite as frequent as in many non-Amish homes.

How many hours a week do the Amish work? ›

Amish men spent about 10 hours a week doing vigorous activities, women about 3 1/2 hours (heavy lifting, shoveling or digging, shoeing horses, tossing straw bales). Men averaged 43 hours of moderate activity a week, women about 39 hours (gardening, feeding farm animals, doing laundry).

Do Amish people have debt? ›

Amish people avoid taking out loans, which keeps them debt-free. Additionally, Amish people don't have credit cards because they think that borrowing money should only be done in dire circ*mstances to prevent future financial difficulties. The only time an Amish person might use a credit card is to purchase a farm.

Are Amish people frugal? ›

Many Amish enjoy their frugality, and many seem to benefit from an inner peace that other Americans will never find as they attempt to keep up with the Joneses, Craker said. “They're not stressed out like we are.

Are most Amish millionaires? ›

The straightforward answer is that the Amish may not possess substantial monetary wealth, yet they're rich in many other ways. They're well-equipped with all the essentials for survival and comfort, and their culture has kept them thriving for centuries without compromising their values and beliefs.

How do Amish deal with periods? ›

I think the level of integration with the modern world varies community to community (some Amish communities are more insular than others) but the most conservative of them will probably use the same methods women used for hundreds of years — wrapping themselves with strips of material, or wrapping their shift/ ...

What is Amish life expectancy? ›

But how long do Amish people live? The average life expectancy of the Amish is similar to the national average, with many living into their 70s and 80s. Research on the Old Order Amish of Lancaster County, Pennsylvania, revealed an average lifespan of 70.7 years.

Do Amish value family? ›

The Amish believe that their religious faith and the way they choose to live are interdependent. These core beliefs lead to a very strong set of values of faith, family, community, and a simple unworldly life.

What do Amish do for a living? ›

The Amish are a group of Protestant Christians who value work and its role in fulfilling their duties to God and the community. The Amish earn through agriculture, carpentry, woodworking, metalworking, and running small businesses.

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