Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Cass County, MN
Series ID MHICILBMN27021A052NCEN
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 2023-01-01
Last Updated 2024-12-20 3:13 AM 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 15811
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 20123
1994-01-01 .
1995-01-01 22965
1996-01-01 .
1997-01-01 24596
1998-01-01 26187
1999-01-01 30900
2000-01-01 32645
2001-01-01 32217
2002-01-01 33590
2003-01-01 35441
2004-01-01 36483
2005-01-01 37754
2006-01-01 37485
2007-01-01 36471
2008-01-01 38879
2009-01-01 38098
2010-01-01 38129
2011-01-01 39938
2012-01-01 41574
2013-01-01 46222
2014-01-01 42979
2015-01-01 45242
2016-01-01 47179
2017-01-01 49107
2018-01-01 45677
2019-01-01 51280
2020-01-01 47317
2021-01-01 54491
2022-01-01 63824
2023-01-01 58094

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