Oh, absolutely, there are risks both ways. My own rural experience is that working farms are noisy and can be downright obnoxious for us mere residential-residents. Tractors and combines are noisy. Farm workers of, ahem, uncertain provenance or residential status, tend to get boisterous. Loud outdoor parties complete with live bands, going until 3 am. This isn't a "transitional" neighborhood in the city. This is way out in the boonies, on 100+ acre farms.
I have also found that even vast distances - many hundreds of yards, perhaps thousands of yards - still allow noise to carry. The report of gunfire can go 5-10 miles, depending on topography and wind. Formerly I lived about 8 miles downrange from a firing range. Yes, eight miles. Weekend mornings were... loud.
My point is an overarching "buyer beware". Rufus is a nasty neighbor? Scope out the neighborhood, before buying. 10 acres across the street sitting empty and likely to be sold? Investigate who owns it, and whether it's likely to be sold. Even then, one never knows. I give short shrift to reliance on some kind of piece of paper - a covenant or whatnot - to "guarantee" peace and quiet! It's all situational.
