Median Personal Income in South Census Region
This dataset tracks median personal income in south census region over time.
Latest Value
40670.00
Year-over-Year Change
55.70%
Date Range
1/1/1974 - 1/1/2023
Summary
Tracks median personal income levels in the South Census Region. Provides critical insights into regional economic well-being and household financial status.
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
Measures the midpoint of personal income for households in the Southern United States. Helps economists understand regional economic variations.
Methodology
Calculates median personal income using comprehensive household income survey data.
Historical Context
Used by policymakers, researchers, and economists to assess regional economic conditions.
Key Facts
- Represents median income for Southern U.S. households
- Provides regional economic health snapshot
- Useful for comparative economic analysis
FAQs
Q: What geographic area does this income data cover?
A: Specifically covers the South Census Region of the United States. Includes multiple Southern states.
Q: Why is median income important?
A: Provides a more accurate representation of typical household income than mean averages.
Q: How does this compare to national income levels?
A: Allows comparison of Southern regional income with national median personal income trends.
Q: What factors influence this income metric?
A: Reflects local economic conditions, job markets, and industry composition in the Southern region.
Q: How frequently is this data updated?
A: Typically updated annually or quarterly by official statistical sources.
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Citation
U.S. Federal Reserve, Median Personal Income in South Census Region (MEPAINUSSOA646N), retrieved from FRED.