Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for St. Joseph County, MI
Series ID MHICILBMI26149A052NCEN
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 24286
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29478
1994-01-01 .
1995-01-01 32297
1996-01-01 .
1997-01-01 33782
1998-01-01 34697
1999-01-01 36315
2000-01-01 37502
2001-01-01 36515
2002-01-01 36487
2003-01-01 37337
2004-01-01 38494
2005-01-01 37697
2006-01-01 40252
2007-01-01 40063
2008-01-01 41036
2009-01-01 40909
2010-01-01 39681
2011-01-01 38297
2012-01-01 38624
2013-01-01 40690
2014-01-01 42002
2015-01-01 44985
2016-01-01 45046
2017-01-01 47756
2018-01-01 49896
2019-01-01 51153
2020-01-01 51521
2021-01-01 53842
2022-01-01 55859

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