Federal Reserve Economic Data

Table Data - Median Adjusted Gross Income for Michigan

Title Median Adjusted Gross Income for Michigan
Series ID MEDAGIMI26A052NCEN
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 2021-01-01
Last Updated 2023-12-14 12:52 PM 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 23889
1990-01-01 24377
1991-01-01 24657
1992-01-01 25549
1993-01-01 25970
1994-01-01 26911
1995-01-01 28092
1996-01-01 29060
1997-01-01 30778
1998-01-01 32096
1999-01-01 33629
2000-01-01 35036
2001-01-01 34600
2002-01-01 34255
2003-01-01 34366
2004-01-01 34966
2005-01-01 35460
2006-01-01 35092
2007-01-01 32622
2008-01-01 34936
2009-01-01 32808
2010-01-01 33092
2011-01-01 33182
2012-01-01 34603
2013-01-01 35426
2014-01-01 36748
2015-01-01 37899
2016-01-01 38692
2017-01-01 40265
2018-01-01 42194
2019-01-01 39513
2020-01-01 39313
2021-01-01 45500

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