Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Aitkin County, MN
Series ID MHICILBMN27001A052NCEN
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 15722
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 18728
1994-01-01 .
1995-01-01 22012
1996-01-01 .
1997-01-01 23584
1998-01-01 25454
1999-01-01 28817
2000-01-01 29722
2001-01-01 29003
2002-01-01 29821
2003-01-01 30951
2004-01-01 31504
2005-01-01 35013
2006-01-01 33380
2007-01-01 35888
2008-01-01 36787
2009-01-01 36494
2010-01-01 35689
2011-01-01 37015
2012-01-01 35728
2013-01-01 39224
2014-01-01 37647
2015-01-01 40629
2016-01-01 43701
2017-01-01 40506
2018-01-01 40893
2019-01-01 49113
2020-01-01 44436
2021-01-01 52590
2022-01-01 53188

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