Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Nobles County, MN
Series ID MHICILBMN27105A052NCEN
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 23578
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26338
1994-01-01 .
1995-01-01 26740
1996-01-01 .
1997-01-01 29333
1998-01-01 30233
1999-01-01 32788
2000-01-01 34250
2001-01-01 34026
2002-01-01 34371
2003-01-01 35959
2004-01-01 37450
2005-01-01 36422
2006-01-01 36925
2007-01-01 38798
2008-01-01 42419
2009-01-01 40905
2010-01-01 40700
2011-01-01 41252
2012-01-01 44448
2013-01-01 47752
2014-01-01 47710
2015-01-01 45729
2016-01-01 52352
2017-01-01 45493
2018-01-01 51360
2019-01-01 51444
2020-01-01 55195
2021-01-01 53296
2022-01-01 59409

Subscribe to the FRED newsletter


Follow us

Back to Top