Federal Reserve Economic Data

Table Data - Median Adjusted Gross Income for New Mexico

Title Median Adjusted Gross Income for New Mexico
Series ID MEDAGINM35A052NCEN
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 17100
1990-01-01 17501
1991-01-01 17853
1992-01-01 18396
1993-01-01 18925
1994-01-01 19537
1995-01-01 20221
1996-01-01 20760
1997-01-01 21587
1998-01-01 22502
1999-01-01 23367
2000-01-01 23287
2001-01-01 24918
2002-01-01 25043
2003-01-01 25569
2004-01-01 26600
2005-01-01 27727
2006-01-01 28248
2007-01-01 26763
2008-01-01 29325
2009-01-01 28946
2010-01-01 29364
2011-01-01 29878
2012-01-01 30843
2013-01-01 31405
2014-01-01 32184
2015-01-01 32596
2016-01-01 32862
2017-01-01 33791
2018-01-01 35495
2019-01-01 32828
2020-01-01 33577
2021-01-01 37500

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