Federal Reserve Economic Data: Your trusted data source since 1991

Age 65 and Over, Poverty Tax Exemptions for Minnesota (PAGEXMMN27A647NCEN)

Observation:

2021: 112,000 (+ more)   Updated: Dec 14, 2023 1:13 PM CST
2021:  112,000  
2020:  131,019  
2019:  105,861  
2018:  104,696  
2017:  103,913  
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Units:

Number of Exemptions,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Census Bureau  

Release: Small Area Income and Poverty Estimates  

Units:  Number of Exemptions, 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.

Tax exemptions are one of the data sources used in producing SAIPE program estimates. This series is a subset of age 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.

Suggested Citation:

U.S. Census Bureau, Age 65 and Over, Poverty Tax Exemptions for Minnesota [PAGEXMMN27A647NCEN], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PAGEXMMN27A647NCEN, June 21, 2024.

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