Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Beltrami County, MN
Series ID MHICILBMN27007A052NCEN
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 18955
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22747
1994-01-01 .
1995-01-01 25097
1996-01-01 .
1997-01-01 26756
1998-01-01 27504
1999-01-01 29821
2000-01-01 31497
2001-01-01 30660
2002-01-01 31626
2003-01-01 32996
2004-01-01 33361
2005-01-01 36392
2006-01-01 38188
2007-01-01 38021
2008-01-01 42588
2009-01-01 36383
2010-01-01 37290
2011-01-01 37252
2012-01-01 40269
2013-01-01 39139
2014-01-01 40801
2015-01-01 42985
2016-01-01 42252
2017-01-01 43227
2018-01-01 43045
2019-01-01 49881
2020-01-01 51977
2021-01-01 54937
2022-01-01 54510

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