Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Berrien County, MI
Series ID MHICILBMI26021A052NCEN
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 23568
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27894
1994-01-01 .
1995-01-01 30681
1996-01-01 .
1997-01-01 32877
1998-01-01 33612
1999-01-01 34834
2000-01-01 35547
2001-01-01 34713
2002-01-01 34835
2003-01-01 36208
2004-01-01 37000
2005-01-01 37739
2006-01-01 40681
2007-01-01 40258
2008-01-01 40693
2009-01-01 38206
2010-01-01 38438
2011-01-01 39247
2012-01-01 41642
2013-01-01 42015
2014-01-01 42011
2015-01-01 44103
2016-01-01 45149
2017-01-01 46423
2018-01-01 48446
2019-01-01 48340
2020-01-01 51820
2021-01-01 54458
2022-01-01 57973

Subscribe to the FRED newsletter


Follow us

Back to Top