Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Bayfield County, WI
Series ID MHICILBWI55007A052NCEN
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 1:53 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 17925
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22818
1994-01-01 .
1995-01-01 24903
1996-01-01 .
1997-01-01 26949
1998-01-01 28353
1999-01-01 30871
2000-01-01 32161
2001-01-01 32020
2002-01-01 32769
2003-01-01 33782
2004-01-01 35551
2005-01-01 38306
2006-01-01 38166
2007-01-01 38696
2008-01-01 38615
2009-01-01 38308
2010-01-01 37223
2011-01-01 39981
2012-01-01 41707
2013-01-01 42620
2014-01-01 41800
2015-01-01 47816
2016-01-01 47947
2017-01-01 47653
2018-01-01 50369
2019-01-01 54157
2020-01-01 52674
2021-01-01 58626
2022-01-01 60600

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