Federal Reserve Economic Data

Table Data - Estimate of Median Household Income for Minnesota

Title Estimate of Median Household Income for Minnesota
Series ID MHIMN27000A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:30 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.

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 30536
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 33239
1994-01-01 .
1995-01-01 37483
1996-01-01 39791
1997-01-01 41591
1998-01-01 45311
1999-01-01 46153
2000-01-01 49170
2001-01-01 49619
2002-01-01 50157
2003-01-01 50750
2004-01-01 51202
2005-01-01 52048
2006-01-01 54022
2007-01-01 55664
2008-01-01 57318
2009-01-01 55621
2010-01-01 55422
2011-01-01 56944
2012-01-01 58828
2013-01-01 60664
2014-01-01 61473
2015-01-01 63459
2016-01-01 65583
2017-01-01 68364
2018-01-01 70295
2019-01-01 74529
2020-01-01 75489
2021-01-01 77712
2022-01-01 82343
2023-01-01 85070

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