US, State Population Update for 2024

On December 18, 2024 the US Census Bureau released its US national and state population estimates for July 1, 2024.  On December 20, 2024 usgovernmentspending.com updated its US and state population data as follows:

• We updated 2020-2024 population data from US and states using data from US Census National Population Totals and Components of Change 2020-2024 in file NST-EST2024-POP.xlsx.
• We updated 2010-2020 population data for US and states using data from National Intercensal Population Totals: 2010-2020: from file NST-EST2020.xlsx.
• We projected 2022 thru 2030 for the US and states projecting population rate change for 2023-24 through 2030.

usgovernmentspending.com uses population data in computing per capita spending and revenue data. You can see per capita spending data in a chart here, and in a table of spending here.

You can check the data update schedule here.

Medicaid Update for FY 2023

On December 19, 2024, the Centers for Medicare and Medicaid Services (CMS) published its annual report on National Health Expenditures and its NHE Tables includes data on Medicaid from 1960 to 2022. On December 18, 2024, usgovernmentspending.com updated its Medicaid data.

Item	2023 Estimate	2023 Actual
Federal Medicaid	$615.8 bn	$615.8 bn
State Medicaid (net)	$156.0 bn	$189.6 bn
Total Medicaid	$771.8 bn	$805.4 bn

The federal Medicaid number comes from the Federal Budget Subfunction 558: Grants to states for Medicaid. The state contribution comes from the NHE Tables.

usgovernmentspending.com publishes "guesstimates" of state and local spending from the latest year published by the Census Bureau (currently FY 2022) to the last year in the Historical Tables of the federal budget (for the FY 2025 budget that is 2029). So we have developed "guesstimates" of Medicaid spending going out to 2029, assuming that the overall Medicaid spending increases at the same rate as the federal "Grants to States for Medicaid" increases.

National Health Expenditure data is updated each year in mid December.

State FY24 Taxes Update

On October 31, 2024 usgovernmentspending.com updated FY2024 state revenue with quarterly tax data released by the US Census Bureau on September 11, 2024.  Local tax data was updated by assuming that local taxes for 2024 changed by the same percent as state taxes of the same type.

$ billion	FY2024 Estimate	FY2024 Actual
State Income Tax Revenue	$641	$329
Total State Revenue	$3,050	$2,501

State and local spending projections for FY2025 to FY2029 have been reestimated using the "Guesstimate" method.