Federal Reserve Economic Data: Your trusted data source since 1991

Median Adjusted Gross Income for Massachusetts (MEDAGIMA25A052NCEN)

Observation:

2021: 61,500 (+ more)   Updated: Dec 14, 2023
2021:  61,500  
2020:  54,658  
2019:  54,762  
2018:  55,269  
2017:  53,143  
View All

Units:

Dollars,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Census Bureau  

Release: Small Area Income and Poverty Estimates  

Units:  Dollars, Not Seasonally Adjusted

Frequency:  Annual

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.

Median adjusted gross income from aggregated state IRS data is one of the data sources used in producing SAIPE program estimates, defined as the middle value of the aggregate adjusted gross income. These data may not match data from other sources due to differences in definitions, since the SAIPE program only uses tax returns for the relevant income year (IRS/SOI include all tax returns filed in a calendar year in their tabulations, regardless of the reference income year).

See more details about SAIPE Model Input Data.

Suggested Citation:

U.S. Census Bureau, Median Adjusted Gross Income for Massachusetts [MEDAGIMA25A052NCEN], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MEDAGIMA25A052NCEN, March 19, 2024.

RELEASE TABLES


Subscribe to the FRED newsletter


Follow us

Back to Top
Top