Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Carlton County, MN
Series ID MHICILBMN27017A052NCEN
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 23666
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27925
1994-01-01 .
1995-01-01 30952
1996-01-01 .
1997-01-01 33729
1998-01-01 35489
1999-01-01 36970
2000-01-01 38245
2001-01-01 37571
2002-01-01 38948
2003-01-01 40022
2004-01-01 41140
2005-01-01 42501
2006-01-01 43351
2007-01-01 46954
2008-01-01 45075
2009-01-01 48920
2010-01-01 45517
2011-01-01 46281
2012-01-01 46918
2013-01-01 49380
2014-01-01 49850
2015-01-01 51085
2016-01-01 54556
2017-01-01 56653
2018-01-01 55910
2019-01-01 60027
2020-01-01 61550
2021-01-01 62948
2022-01-01 73725

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