Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Roseau County, MN
Series ID MHICILBMN27135A052NCEN
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 2022-01-01
Last Updated 2023-12-14 1:54 PM 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 25320
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30539
1994-01-01 .
1995-01-01 31806
1996-01-01 .
1997-01-01 33713
1998-01-01 35198
1999-01-01 36800
2000-01-01 38942
2001-01-01 38853
2002-01-01 39077
2003-01-01 41553
2004-01-01 42384
2005-01-01 42333
2006-01-01 46006
2007-01-01 44716
2008-01-01 45267
2009-01-01 43256
2010-01-01 43879
2011-01-01 44072
2012-01-01 50093
2013-01-01 48571
2014-01-01 49652
2015-01-01 50148
2016-01-01 52992
2017-01-01 54906
2018-01-01 56563
2019-01-01 57917
2020-01-01 53843
2021-01-01 63654
2022-01-01 64390

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