Age 65 and Over Tax Exemptions for Oregon
This dataset tracks age 65 and over tax exemptions for oregon over time.
Latest Value
601000.00
Year-over-Year Change
60.29%
Date Range
1/1/1989 - 1/1/2022
Summary
This trend measures the total number of tax exemptions claimed by individuals aged 65 and over in the state of Oregon. It provides insights into the elderly population's tax burden and their impact on state fiscal policy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Age 65 and Over Tax Exemptions for Oregon series tracks the number of tax exemptions claimed by senior citizens in the state, which can influence state tax revenue and the design of tax policies targeting the elderly population.
Methodology
The data is collected by the U.S. Census Bureau through annual surveys of Oregon state tax filings.
Historical Context
This trend is closely monitored by policymakers and analysts to understand the financial status of the elderly in Oregon and how it affects state budgets and social programs.
Key Facts
- Oregon has one of the oldest populations in the U.S.
- Tax exemptions for seniors can reduce state tax revenue
- Elderly population trends influence state budget priorities
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of tax exemptions claimed by individuals aged 65 and over in the state of Oregon.
Q: Why is this trend relevant for users or analysts?
A: The trend provides insights into the tax burden and financial status of the elderly population in Oregon, which is important for policymakers and analysts to understand the state's fiscal landscape and design appropriate tax and social policies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through annual surveys of Oregon state tax filings.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers and analysts to understand the financial status of the elderly in Oregon and how it affects state budgets and social programs.
Q: Are there update delays or limitations?
A: The data is subject to the annual reporting cycle of the U.S. Census Bureau and may have a delay in availability.
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Citation
U.S. Federal Reserve, Age 65 and Over Tax Exemptions for Oregon (AGEXMOR41A647NCEN), retrieved from FRED.