Federal Reserve Economic Data

Table Data - Consumer Unit Characteristics: Income Before Taxes by Age: Age 65 or over

Title Consumer Unit Characteristics: Income Before Taxes by Age: Age 65 or over
Series ID CXUINCBFTAXLB0407M
Source U.S. Bureau of Labor Statistics
Release Consumer Expenditure Surveys
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units U.S. Dollars
Date Range 1988-01-01 to 2023-01-01
Last Updated 2024-09-25 11:45 AM CDT
Notes Age refers to the reference person's age, where the reference person is the first member mentioned by the respondent when asked to "Start with the name of the person or one of the persons who owns or rents the home." It is with respect to this person that the relationship of the other consumer unit members is determined.

A consumer unit comprises either: (1) all members of a particular household who are related by blood, marriage, adoption, or other legal arrangements; (2) a person living alone or sharing a household with others or living as a roomer in a private home or lodging house or in permanent living quarters in a hotel or motel, but who is financially independent; or (3) two or more persons living together who use their income to make joint expenditure decisions. Financial independence is determined by the three major expense categories: Housing, food, and other living expenses. To be considered financially independent, at least two of the three major expense categories have to be provided entirely, or in part, by the respondent.

For more details about the data or the survey, visit the FAQs.
DATE VALUE
1988-01-01 17754
1989-01-01 19690
1990-01-01 18842
1991-01-01 20004
1992-01-01 20890
1993-01-01 21190
1994-01-01 22596
1995-01-01 22148
1996-01-01 22426
1997-01-01 23965
1998-01-01 24011
1999-01-01 26581
2000-01-01 25220
2001-01-01 27528
2002-01-01 29711
2003-01-01 30437
2004-01-01 34988
2005-01-01 36936
2006-01-01 37982
2007-01-01 40305
2008-01-01 39341
2009-01-01 39862
2010-01-01 41286
2011-01-01 43232
2012-01-01 44713
2013-01-01 45157
2014-01-01 45100
2015-01-01 46627
2016-01-01 48035
2017-01-01 49097
2018-01-01 51624
2019-01-01 55656
2020-01-01 52290
2021-01-01 55335
2022-01-01 60359
2023-01-01 64326

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