Federal Reserve Economic Data

Table Data - Age 65 and Over Tax Exemptions for Michigan

Title Age 65 and Over Tax Exemptions for Michigan
Series ID AGEXMMI26A647NCEN
Source U.S. Census Bureau
Release Small Area Income and Poverty Estimates
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Number of Exemptions
Date Range 1989-01-01 to 2022-01-01
Last Updated 2024-12-20 2:35 AM CST
Notes The U.S. Census Bureau provides annual estimates of income and poverty statistics for all school districts, counties, and states through the Small Area Income and Poverty Estimates (SAIPE) program. The bureau's main objective with this program is to provide estimates of income and poverty for the administration of federal programs and the allocation of federal funds to local jurisdictions. In addition to these federal programs, state and local programs use the income and poverty estimates for distributing funds and managing programs.

Tax exemptions are one of the data sources used in producing SAIPE program estimates. This series represents the number of exemptions on IRS returns due to either the spouse or the filer being age 65 or older.

See more details about SAIPE Model Input Data.
DATE VALUE
1989-01-01 640429
1990-01-01 668188
1991-01-01 683253
1992-01-01 676335
1993-01-01 684712
1994-01-01 691464
1995-01-01 705022
1996-01-01 718785
1997-01-01 730015
1998-01-01 742388
1999-01-01 766380
2000-01-01 779354
2001-01-01 808560
2002-01-01 819947
2003-01-01 843629
2004-01-01 861651
2005-01-01 857272
2006-01-01 949441
2007-01-01 1090992
2008-01-01 1003524
2009-01-01 1016415
2010-01-01 1040957
2011-01-01 1079010
2012-01-01 1116218
2013-01-01 1151416
2014-01-01 1183578
2015-01-01 1210259
2016-01-01 1247056
2017-01-01 1286748
2018-01-01 1322212
2019-01-01 1329646
2020-01-01 1387063
2021-01-01 1440000
2022-01-01 1490000

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