Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Menominee County, WI
Series ID MHICILBWI55078A052NCEN
Source U.S. Census Bureau
Release Small Area Income and Poverty Estimates
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Dollars
Date Range 1993-01-01 to 2023-01-01
Last Updated 2024-12-20 3:12 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
1993-01-01 13857
1994-01-01 .
1995-01-01 17095
1996-01-01 .
1997-01-01 18285
1998-01-01 20818
1999-01-01 25897
2000-01-01 26900
2001-01-01 26050
2002-01-01 26058
2003-01-01 26812
2004-01-01 27456
2005-01-01 27937
2006-01-01 27711
2007-01-01 28257
2008-01-01 30630
2009-01-01 27437
2010-01-01 28570
2011-01-01 27655
2012-01-01 31255
2013-01-01 29649
2014-01-01 34455
2015-01-01 29952
2016-01-01 33042
2017-01-01 32866
2018-01-01 36730
2019-01-01 35726
2020-01-01 34993
2021-01-01 37903
2022-01-01 46774
2023-01-01 43320

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