Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Lafayette County, WI
Series ID MHICILBWI55065A052NCEN
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 1:11 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 21728
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26553
1994-01-01 .
1995-01-01 26268
1996-01-01 .
1997-01-01 29603
1998-01-01 31542
1999-01-01 34051
2000-01-01 35468
2001-01-01 35774
2002-01-01 35872
2003-01-01 36432
2004-01-01 38592
2005-01-01 40553
2006-01-01 39708
2007-01-01 43729
2008-01-01 44649
2009-01-01 43362
2010-01-01 43187
2011-01-01 45706
2012-01-01 44112
2013-01-01 43523
2014-01-01 48716
2015-01-01 53391
2016-01-01 52968
2017-01-01 51616
2018-01-01 58119
2019-01-01 54499
2020-01-01 58966
2021-01-01 63104
2022-01-01 61513

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