Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Hillsdale County, MI
Series ID MHICILBMI26059A052NCEN
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 22727
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27554
1994-01-01 .
1995-01-01 29886
1996-01-01 .
1997-01-01 32621
1998-01-01 34291
1999-01-01 36535
2000-01-01 37968
2001-01-01 36868
2002-01-01 37064
2003-01-01 37676
2004-01-01 38148
2005-01-01 37671
2006-01-01 39602
2007-01-01 40301
2008-01-01 41017
2009-01-01 36009
2010-01-01 38867
2011-01-01 38890
2012-01-01 37635
2013-01-01 37679
2014-01-01 41515
2015-01-01 43714
2016-01-01 46635
2017-01-01 44091
2018-01-01 46332
2019-01-01 45272
2020-01-01 51207
2021-01-01 50774
2022-01-01 55407
2023-01-01 53079

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