Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Clay County, MN
Series ID MHICILBMN27027A052NCEN
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 2:33 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 23748
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29192
1994-01-01 .
1995-01-01 31353
1996-01-01 .
1997-01-01 34741
1998-01-01 36533
1999-01-01 36189
2000-01-01 37842
2001-01-01 36870
2002-01-01 37320
2003-01-01 38963
2004-01-01 40807
2005-01-01 41251
2006-01-01 42406
2007-01-01 47266
2008-01-01 46240
2009-01-01 43393
2010-01-01 44870
2011-01-01 49424
2012-01-01 49116
2013-01-01 47985
2014-01-01 51357
2015-01-01 56951
2016-01-01 55753
2017-01-01 56174
2018-01-01 61579
2019-01-01 60005
2020-01-01 67540
2021-01-01 62780
2022-01-01 74902
2023-01-01 66714

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