Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for St. Clair County, MI
Series ID MHICILBMI26147A052NCEN
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 1:11 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 27658
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31889
1994-01-01 .
1995-01-01 36534
1996-01-01 .
1997-01-01 39648
1998-01-01 41172
1999-01-01 42622
2000-01-01 43981
2001-01-01 43573
2002-01-01 43953
2003-01-01 44718
2004-01-01 45249
2005-01-01 47202
2006-01-01 46607
2007-01-01 45071
2008-01-01 50023
2009-01-01 43271
2010-01-01 42779
2011-01-01 43695
2012-01-01 43212
2013-01-01 47816
2014-01-01 48300
2015-01-01 49715
2016-01-01 49836
2017-01-01 53610
2018-01-01 53834
2019-01-01 56237
2020-01-01 55598
2021-01-01 58428
2022-01-01 60624

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