Federal Reserve Economic Data

Table Data - Total Tax Exemptions for Michigan

Title Total Tax Exemptions for Michigan
Series ID TOTEXMMI26A647NCEN
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 2:05 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.

Tax exemptions are one of the data sources used in producing SAIPE program estimates. This series is the sum of primary, secondary, and dependent children exemptions claimed on individual tax returns.

See more details about SAIPE Model Input Data.
DATE VALUE
1989-01-01 7651266
1990-01-01 7746822
1991-01-01 7808883
1992-01-01 7783885
1993-01-01 7842456
1994-01-01 7911986
1995-01-01 8054637
1996-01-01 8159316
1997-01-01 8213148
1998-01-01 8324801
1999-01-01 8507360
2000-01-01 8569841
2001-01-01 8597029
2002-01-01 8592837
2003-01-01 8589326
2004-01-01 8585650
2005-01-01 8556356
2006-01-01 8635945
2007-01-01 9046899
2008-01-01 8579648
2009-01-01 8479213
2010-01-01 8500513
2011-01-01 8476033
2012-01-01 8410971
2013-01-01 8400514
2014-01-01 8378352
2015-01-01 8379365
2016-01-01 8373199
2017-01-01 8389788
2018-01-01 8379192
2019-01-01 8482247
2020-01-01 8402325
2021-01-01 8380000
2022-01-01 8360000

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