Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Stearns County, MN
Series ID MHICILBMN27145A052NCEN
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 1:12 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 25336
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30942
1994-01-01 .
1995-01-01 33259
1996-01-01 .
1997-01-01 35826
1998-01-01 37945
1999-01-01 39656
2000-01-01 41662
2001-01-01 41253
2002-01-01 42159
2003-01-01 43087
2004-01-01 44282
2005-01-01 45080
2006-01-01 46217
2007-01-01 49186
2008-01-01 50413
2009-01-01 45538
2010-01-01 47911
2011-01-01 49470
2012-01-01 50930
2013-01-01 54000
2014-01-01 53614
2015-01-01 53182
2016-01-01 55341
2017-01-01 60911
2018-01-01 58652
2019-01-01 63811
2020-01-01 62225
2021-01-01 62206
2022-01-01 68522

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