This study aims to 1) Identify the characteristics of rice farming farmers 2) Analyze the amount of costs, revenues, income, and economic feasibility of rice farming 3) Analyze the level of income risk in rice farming. The location of the study was selected using the purposive method. The research was conducted using quantitative methods with a descriptive approach. The sampling technique in this study was carried out by probability sampling method on 38 rice farmers. The results showed that the average area of farmers was 0.36 ha with total costs in the rainy season of Rp2,957,031 and in the dry season of Rp2,957,031 and in the dry season of Rp7,186,499, revenues in the rainy season of Rp7,696,842 and in the dry season of Rp10,017,000, income in the rainy season of Rp4,739,811 and dry season of Rp7,186,499, economic feasibility results in the rainy season with an R/C Ratio value of 2.41, B/C Ratio 1.41, BEP Production 462,036, and BEP Price Rp2,787, while the economic feasibility results in the dry season obtained R/C Ratio value 3.33, B/C Ratio 2.33, BEP Production 404,357, and BEP Price Rp2,281. The value of income risk gets the value of Coefficient of Variation (KV) in the rainy season with a value of 0.031, while the value of KV in the dry season is 0.026. It can be concluded that the economic value obtained by rice farmers in Cangkringsari Village is higher in the dry season compared to the rainy season, and the yield of the Coefficient of Variation is lower in the dry season than in the rainy season, meaning that the risk of income in the dry season is lower.