Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Arenac County, MI
Series ID MHICILBMI26011A052NCEN
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 18403
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 20869
1994-01-01 .
1995-01-01 22823
1996-01-01 .
1997-01-01 24629
1998-01-01 25744
1999-01-01 29517
2000-01-01 30962
2001-01-01 30053
2002-01-01 29912
2003-01-01 30732
2004-01-01 31846
2005-01-01 31341
2006-01-01 34383
2007-01-01 33844
2008-01-01 33524
2009-01-01 32329
2010-01-01 31732
2011-01-01 35442
2012-01-01 34960
2013-01-01 35779
2014-01-01 33314
2015-01-01 35262
2016-01-01 40591
2017-01-01 38348
2018-01-01 40265
2019-01-01 40247
2020-01-01 46070
2021-01-01 47776
2022-01-01 50062

Subscribe to the FRED newsletter


Follow us

Back to Top