Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Washington County, MN
Series ID MHICILBMN27163A052NCEN
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 43919
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 51000
1994-01-01 .
1995-01-01 56777
1996-01-01 .
1997-01-01 58868
1998-01-01 62690
1999-01-01 62730
2000-01-01 64848
2001-01-01 65439
2002-01-01 66623
2003-01-01 67983
2004-01-01 70284
2005-01-01 70870
2006-01-01 74403
2007-01-01 74902
2008-01-01 77124
2009-01-01 72569
2010-01-01 74723
2011-01-01 74467
2012-01-01 77818
2013-01-01 78709
2014-01-01 80265
2015-01-01 84028
2016-01-01 87006
2017-01-01 88667
2018-01-01 91507
2019-01-01 97370
2020-01-01 96746
2021-01-01 101210
2022-01-01 102425
2023-01-01 107425

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