Federal Reserve Economic Data

Table Data - Consumer Unit Characteristics: Income Before Taxes by Age: Under Age 25

Title Consumer Unit Characteristics: Income Before Taxes by Age: Under Age 25
Series ID CXUINCBFTAXLB0402M
Source U.S. Bureau of Labor Statistics
Release Consumer Expenditure Surveys
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units U.S. Dollars
Date Range 1984-01-01 to 2023-01-01
Last Updated 2024-09-25 11:51 AM CDT
Notes Age refers to the reference person's age, where the reference person is the first member mentioned by the respondent when asked to "Start with the name of the person or one of the persons who owns or rents the home." It is with respect to this person that the relationship of the other consumer unit members is determined.

A consumer unit comprises either: (1) all members of a particular household who are related by blood, marriage, adoption, or other legal arrangements; (2) a person living alone or sharing a household with others or living as a roomer in a private home or lodging house or in permanent living quarters in a hotel or motel, but who is financially independent; or (3) two or more persons living together who use their income to make joint expenditure decisions. Financial independence is determined by the three major expense categories: Housing, food, and other living expenses. To be considered financially independent, at least two of the three major expense categories have to be provided entirely, or in part, by the respondent.

For more details about the data or the survey, visit the FAQs.
DATE VALUE
1984-01-01 12541
1985-01-01 11726
1986-01-01 12444
1987-01-01 12621
1988-01-01 14827
1989-01-01 14863
1990-01-01 14089
1991-01-01 14319
1992-01-01 15197
1993-01-01 16516
1994-01-01 16395
1995-01-01 17274
1996-01-01 14968
1997-01-01 15666
1998-01-01 16839
1999-01-01 18276
2000-01-01 19744
2001-01-01 20769
2002-01-01 20773
2003-01-01 20680
2004-01-01 22840
2005-01-01 27494
2006-01-01 29057
2007-01-01 31443
2008-01-01 28127
2009-01-01 25695
2010-01-01 26881
2011-01-01 27514
2012-01-01 36639
2013-01-01 27914
2014-01-01 30081
2015-01-01 31606
2016-01-01 58141
2017-01-01 31750
2018-01-01 32268
2019-01-01 38120
2020-01-01 44259
2021-01-01 46046
2022-01-01 48233
2023-01-01 56107

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