Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Menominee County, MI
Series ID MHICIUBMI26109A052NCEN
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 1:52 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 26106
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28986
1994-01-01 .
1995-01-01 33093
1996-01-01 .
1997-01-01 35561
1998-01-01 37110
1999-01-01 35582
2000-01-01 37518
2001-01-01 36120
2002-01-01 36302
2003-01-01 36889
2004-01-01 38256
2005-01-01 39328
2006-01-01 42432
2007-01-01 44461
2008-01-01 41693
2009-01-01 41902
2010-01-01 42223
2011-01-01 42382
2012-01-01 40770
2013-01-01 43952
2014-01-01 45853
2015-01-01 45992
2016-01-01 45118
2017-01-01 51309
2018-01-01 50518
2019-01-01 53491
2020-01-01 59600
2021-01-01 62631
2022-01-01 53336

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