Income Before Taxes: Interest, Dividends, Rent Income, Property Income by Region: Residence in the Midwest Census Region
CXUINDIVRNTLB1103M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,461.00
Year-over-Year Change
102.89%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures income before taxes from interest, dividends, rent, and property in the Midwest census region of the United States. It provides insights into household wealth and financial activities in this part of the country.
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 Income Before Taxes: Interest, Dividends, Rent Income, Property Income by Region: Residence in the Midwest Census Region tracks earnings from financial assets and rental properties for households located in the Midwest. This data series is used by economists and policymakers to analyze regional differences in household wealth and economic well-being.
Methodology
The data is collected through household surveys by the U.S. Census Bureau.
Historical Context
This regional income data informs economic and fiscal policy decisions at the local and national level.
Key Facts
- The Midwest region includes 12 states, from Ohio to the Dakotas.
- Income from interest, dividends, and rent accounts for over 15% of total household income in the Midwest.
- Household wealth in the Midwest is above the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures income before taxes from interest, dividends, rent, and property for households located in the Midwest census region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into regional differences in household wealth and financial activities, which is useful for economic and policy analysis.
Q: How is this data collected or calculated?
A: The data is collected through household surveys by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This regional income data informs economic and fiscal policy decisions at the local and national level.
Q: Are there update delays or limitations?
A: The data is subject to the survey and publication schedule of the U.S. Census Bureau.
Related Trends
Producer Price Index by Industry: New Nonresidential Building Construction by Contractor Type/Region: Electrical Contractors for Midwest Census Region
PCU2364002364002223
Expenditures: Water and Other Public Services by Region: Residence in the Midwest Census Region
CXUWATERLB1103M
Unemployed Persons in Midwest Census Region
LASRD920000000000004
Expenditures: Medical Services by Region: Residence in the Midwest Census Region
CXUMEDSERVSLB1103M
Expenditures: Life and Other Personal Insurance by Region: Residence in the Midwest Census Region
CXULIFEINSRLB1103M
Expenditures: Housing by Region: Residence in the Midwest Census Region
CXUHOUSINGLB1103M
Citation
U.S. Federal Reserve, Income Before Taxes: Interest, Dividends, Rent Income, Property Income by Region: Residence in the Midwest Census Region (CXUINDIVRNTLB1103M), retrieved from FRED.