Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Kalkaska County, MI
Series ID MHICILBMI26079A052NCEN
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 2:33 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 19968
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23383
1994-01-01 .
1995-01-01 26939
1996-01-01 .
1997-01-01 27656
1998-01-01 28311
1999-01-01 31381
2000-01-01 33008
2001-01-01 32174
2002-01-01 32114
2003-01-01 33315
2004-01-01 34598
2005-01-01 35533
2006-01-01 35828
2007-01-01 36500
2008-01-01 37279
2009-01-01 36979
2010-01-01 35475
2011-01-01 34943
2012-01-01 37552
2013-01-01 36110
2014-01-01 38140
2015-01-01 40192
2016-01-01 46058
2017-01-01 40797
2018-01-01 42244
2019-01-01 43736
2020-01-01 49216
2021-01-01 53229
2022-01-01 54084
2023-01-01 54453

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