Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Houston County, MN
Series ID MHICILBMN27055A052NCEN
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 24629
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29063
1994-01-01 .
1995-01-01 30777
1996-01-01 .
1997-01-01 34976
1998-01-01 37209
1999-01-01 38183
2000-01-01 39569
2001-01-01 39393
2002-01-01 39926
2003-01-01 41021
2004-01-01 42452
2005-01-01 47476
2006-01-01 44011
2007-01-01 44591
2008-01-01 46743
2009-01-01 44906
2010-01-01 46688
2011-01-01 48487
2012-01-01 47154
2013-01-01 47131
2014-01-01 56998
2015-01-01 52091
2016-01-01 53340
2017-01-01 51889
2018-01-01 54945
2019-01-01 59596
2020-01-01 53458
2021-01-01 63372
2022-01-01 69124

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