Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Forest County, WI
Series ID MHICILBWI55041A052NCEN
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 15907
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19272
1994-01-01 .
1995-01-01 22640
1996-01-01 .
1997-01-01 24184
1998-01-01 26714
1999-01-01 29561
2000-01-01 30551
2001-01-01 29827
2002-01-01 30653
2003-01-01 31696
2004-01-01 32523
2005-01-01 32648
2006-01-01 33339
2007-01-01 32328
2008-01-01 35143
2009-01-01 34100
2010-01-01 35743
2011-01-01 35947
2012-01-01 36202
2013-01-01 36969
2014-01-01 38071
2015-01-01 40015
2016-01-01 39195
2017-01-01 41946
2018-01-01 41080
2019-01-01 44612
2020-01-01 51194
2021-01-01 46534
2022-01-01 50130

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