Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Sibley County, MN
Series ID MHICILBMN27143A052NCEN
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 23170
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27682
1994-01-01 .
1995-01-01 28148
1996-01-01 .
1997-01-01 30463
1998-01-01 32177
1999-01-01 36595
2000-01-01 39029
2001-01-01 38373
2002-01-01 38795
2003-01-01 39396
2004-01-01 42518
2005-01-01 43272
2006-01-01 47622
2007-01-01 47290
2008-01-01 49178
2009-01-01 45868
2010-01-01 44144
2011-01-01 50259
2012-01-01 50778
2013-01-01 51184
2014-01-01 56585
2015-01-01 53182
2016-01-01 57299
2017-01-01 54227
2018-01-01 61507
2019-01-01 61582
2020-01-01 56826
2021-01-01 68379
2022-01-01 68660
2023-01-01 70574

Subscribe to the FRED newsletter


Follow us

Back to Top