Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Clearwater County, MN
Series ID MHICILBMN27029A052NCEN
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 1:54 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 15390
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 20061
1994-01-01 .
1995-01-01 21717
1996-01-01 .
1997-01-01 23211
1998-01-01 24858
1999-01-01 28220
2000-01-01 29044
2001-01-01 28587
2002-01-01 29197
2003-01-01 30655
2004-01-01 32109
2005-01-01 33384
2006-01-01 32900
2007-01-01 31771
2008-01-01 34449
2009-01-01 34796
2010-01-01 39000
2011-01-01 34713
2012-01-01 38159
2013-01-01 40995
2014-01-01 40488
2015-01-01 40391
2016-01-01 40155
2017-01-01 43049
2018-01-01 48154
2019-01-01 49416
2020-01-01 46363
2021-01-01 54993
2022-01-01 58626

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