The identification of drought vulnerability indicators is an essential step for planning about drought mitigation management. So, this study is to identify and measure drought vulnerability indicators (economic, social and technical) among wheat farmers in Mashhad County, Iran. Delphi technique was used based on experts’ concuss to determine vulnerability indicators. For measuring vulnerability formula of Me-Bar & Valdes was applied. Findings revealed that with respect to economic parameter, farmers had the highest vulnerability in indicators such as insuring crops (Pi= 2.890), land ownership type (Pi= 2.845), access to governmental and bank credits (loans) (Pi= 2.818). With respect to social parameter, farmers had the highest vulnerability in indicators such as education level (Pi= 2.970), dependency to government (Pi= 2.742) and collaborative farming activities (Pi= 2.587). Furthermore, farmers were most vulnerable in technical indicators such as irrigation method (Pi= 3.183), cultivation method (traditional/ mechanized) (Pi= 3.001) and weeds, pests and diseases control (Pi= 2.916). Totally, comparing three economic, social and technical parameters, farmers were more vulnerable in technical parameter. Results of this study may have some implication for reconsidering priority of government supporting credits allocation and planning for agricultural extension-education programs in same regions.