Federal Reserve Economic Data

Table Data - Median Adjusted Gross Income for Minnesota

Title Median Adjusted Gross Income for Minnesota
Series ID MEDAGIMN27A052NCEN
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 23615
1990-01-01 24458
1991-01-01 24932
1992-01-01 25977
1993-01-01 26543
1994-01-01 27353
1995-01-01 28681
1996-01-01 30128
1997-01-01 31815
1998-01-01 33753
1999-01-01 35550
2000-01-01 37312
2001-01-01 37438
2002-01-01 37476
2003-01-01 37882
2004-01-01 39146
2005-01-01 40015
2006-01-01 39757
2007-01-01 38940
2008-01-01 41941
2009-01-01 40501
2010-01-01 41438
2011-01-01 42250
2012-01-01 43802
2013-01-01 44815
2014-01-01 46305
2015-01-01 47540
2016-01-01 48246
2017-01-01 50027
2018-01-01 52078
2019-01-01 50766
2020-01-01 51055
2021-01-01 57000
2022-01-01 60000

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