Viable farm households contribute to the resilience of agricultural and food systems. Farm income is a policy-relevant proxy for this viability. Here, we address three key aspects of farm income: first, the income issue, focusing on (average) income levels; second, the variability issue, focusing on income risks faced by farmers; and third, the inequality issue, focusing on the heterogeneity and (in-)equalities of farm incomes. This special issue presents new perspectives on measurement, modelling, development and policies related to the income of farm families in Europe, especially in the light of increasing complexity of farms and policies and risk exposure.