Federal Reserve Economic Data

Table Data - Median Adjusted Gross Income for Massachusetts

Title Median Adjusted Gross Income for Massachusetts
Series ID MEDAGIMA25A052NCEN
Source U.S. Census Bureau
Release Small Area Income and Poverty Estimates
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Dollars
Date Range 1989-01-01 to 2022-01-01
Last Updated 2024-12-20 2:00 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.

Median adjusted gross income from aggregated state IRS data is one of the data sources used in producing SAIPE program estimates, defined as the middle value of the aggregate adjusted gross income. These data may not match data from other sources due to differences in definitions, since the SAIPE program only uses tax returns for the relevant income year (IRS/SOI include all tax returns filed in a calendar year in their tabulations, regardless of the reference income year).

See more details about SAIPE Model Input Data.
DATE VALUE
1989-01-01 25598
1990-01-01 26142
1991-01-01 26327
1992-01-01 27027
1993-01-01 27371
1994-01-01 28112
1995-01-01 29376
1996-01-01 30570
1997-01-01 32303
1998-01-01 34043
1999-01-01 36025
2000-01-01 38526
2001-01-01 39077
2002-01-01 38893
2003-01-01 39069
2004-01-01 40294
2005-01-01 41520
2006-01-01 42920
2007-01-01 40284
2008-01-01 44854
2009-01-01 43731
2010-01-01 44270
2011-01-01 44777
2012-01-01 46133
2013-01-01 47273
2014-01-01 48838
2015-01-01 50225
2016-01-01 51184
2017-01-01 53143
2018-01-01 55269
2019-01-01 54762
2020-01-01 54658
2021-01-01 61500
2022-01-01 65000

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