Federal Reserve Economic Data

Table Data - Estimate of Median Household Income for Michigan

Title Estimate of Median Household Income for Michigan
Series ID MHIMI26000A052NCEN
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 2023-12-14 1:11 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.

Household income includes income of the householder and all other people 15 years and older in the household, whether or not they are related to the householder. Median is the point that divides the household income distributions into two halves: one-half with income above the median and the other with income below the median. The median is based on the income distribution of all households, including those with no income.
DATE VALUE
1989-01-01 31067
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32533
1994-01-01 .
1995-01-01 35940
1996-01-01 38266
1997-01-01 38883
1998-01-01 41963
1999-01-01 44221
2000-01-01 45202
2001-01-01 45688
2002-01-01 44315
2003-01-01 46291
2004-01-01 44409
2005-01-01 46072
2006-01-01 47187
2007-01-01 47931
2008-01-01 48606
2009-01-01 45254
2010-01-01 45354
2011-01-01 45931
2012-01-01 46793
2013-01-01 48200
2014-01-01 49755
2015-01-01 51063
2016-01-01 52436
2017-01-01 54840
2018-01-01 56640
2019-01-01 59522
2020-01-01 61352
2021-01-01 63444
2022-01-01 66926

Subscribe to the FRED newsletter


Follow us

Back to Top