Federal Reserve Economic Data

Table Data - Median Adjusted Gross Income for New Jersey

Title Median Adjusted Gross Income for New Jersey
Series ID MEDAGINJ34A052NCEN
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 2:05 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 26822
1990-01-01 27701
1991-01-01 28209
1992-01-01 29184
1993-01-01 29524
1994-01-01 30377
1995-01-01 31562
1996-01-01 32507
1997-01-01 34124
1998-01-01 35738
1999-01-01 37466
2000-01-01 39238
2001-01-01 39624
2002-01-01 39625
2003-01-01 40126
2004-01-01 41674
2005-01-01 42921
2006-01-01 44503
2007-01-01 42384
2008-01-01 46090
2009-01-01 44671
2010-01-01 44735
2011-01-01 45159
2012-01-01 46492
2013-01-01 47321
2014-01-01 48555
2015-01-01 49749
2016-01-01 50490
2017-01-01 52154
2018-01-01 54200
2019-01-01 52215
2020-01-01 51129
2021-01-01 58500
2022-01-01 61000

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