Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for St. Louis County, MN
Series ID MHICILBMN27137A052NCEN
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 23756
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27114
1994-01-01 .
1995-01-01 30202
1996-01-01 .
1997-01-01 33295
1998-01-01 34433
1999-01-01 34455
2000-01-01 36051
2001-01-01 35347
2002-01-01 36183
2003-01-01 37183
2004-01-01 38834
2005-01-01 38397
2006-01-01 41054
2007-01-01 41069
2008-01-01 41723
2009-01-01 41516
2010-01-01 40577
2011-01-01 42633
2012-01-01 44716
2013-01-01 44217
2014-01-01 47569
2015-01-01 47921
2016-01-01 47732
2017-01-01 50273
2018-01-01 50948
2019-01-01 58245
2020-01-01 54004
2021-01-01 61255
2022-01-01 59735

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