Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Shiawassee County, MI

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Shiawassee County, MI
Series ID MHICILBMI26155A052NCEN
Source U.S. Census Bureau
Release Small Area Income and Poverty Estimates
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Dollars
Date Range 1989-01-01 to 2023-01-01
Last Updated 2024-12-20 3:13 AM CST
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.

Household income includes income of the householder and all other people 15 years and older in the household, whether or not they are related to the householder. Median is the point that divides the household income distributions into two halves: one-half with income above the median and the other with income below the median. The median is based on the income distribution of all households, including those with no income.

A confidence interval is a range of values, from the lower bound to the respective upper bound, that describes the uncertainty surrounding an estimate. A confidence interval is also itself an estimate. It is made using a model of how sampling, interviewing, measuring, and modeling contribute to uncertainty about the relation between the true value of the quantity we are estimating and our estimate of that value. The "90%" in the confidence interval listed above represents a level of certainty about our estimate. If we were to repeatedly make new estimates using exactly the same procedure (by drawing a new sample, conducting new interviews, calculating new estimates and new confidence intervals), the confidence intervals would contain the average of all the estimates 90% of the time. For more details about the confidence intervals and their interpretation, see this explanation.
DATE VALUE
1989-01-01 26730
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31618
1994-01-01 .
1995-01-01 33578
1996-01-01 .
1997-01-01 35346
1998-01-01 36833
1999-01-01 38587
2000-01-01 39975
2001-01-01 39239
2002-01-01 39399
2003-01-01 40670
2004-01-01 41388
2005-01-01 41649
2006-01-01 40976
2007-01-01 41808
2008-01-01 43529
2009-01-01 39838
2010-01-01 42618
2011-01-01 44117
2012-01-01 40035
2013-01-01 40586
2014-01-01 44790
2015-01-01 47988
2016-01-01 50195
2017-01-01 49690
2018-01-01 50126
2019-01-01 52150
2020-01-01 52605
2021-01-01 50232
2022-01-01 59001
2023-01-01 58259

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