Federal Reserve Economic Data

Table Data - Poverty Tax Exemptions for Michigan

Title Poverty Tax Exemptions for Michigan
Series ID PEXMMI26A647NCEN
Source U.S. Census Bureau
Release Small Area Income and Poverty Estimates
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Number of Exemptions
Date Range 1989-01-01 to 2022-01-01
Last Updated 2024-12-20 2:19 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.

Tax exemptions are one of the data sources used in producing SAIPE program estimates. This series is the subset of total exemptions for which the adjusted gross income falls below the official poverty threshold for a family of the size implied by the number of exemptions on the return.

See more details about SAIPE Model Input Data.
DATE VALUE
1989-01-01 856243
1990-01-01 935897
1991-01-01 1025328
1992-01-01 1021689
1993-01-01 1081096
1994-01-01 1066558
1995-01-01 1085249
1996-01-01 1123427
1997-01-01 1090924
1998-01-01 1060310
1999-01-01 1051221
2000-01-01 1046609
2001-01-01 1114913
2002-01-01 1182154
2003-01-01 1245491
2004-01-01 1285737
2005-01-01 1327267
2006-01-01 1468993
2007-01-01 1827425
2008-01-01 1594958
2009-01-01 1686968
2010-01-01 1687021
2011-01-01 1769624
2012-01-01 1725258
2013-01-01 1715308
2014-01-01 1682012
2015-01-01 1600974
2016-01-01 1562060
2017-01-01 1522012
2018-01-01 1465127
2019-01-01 1701207
2020-01-01 1668986
2021-01-01 1410000
2022-01-01 1530000

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