Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Mitchell County, IA

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Mitchell County, IA
Series ID MHICIUBIA19131A052NCEN
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 28108
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32259
1994-01-01 .
1995-01-01 35542
1996-01-01 .
1997-01-01 38489
1998-01-01 39016
1999-01-01 37938
2000-01-01 39472
2001-01-01 38668
2002-01-01 39150
2003-01-01 39428
2004-01-01 43680
2005-01-01 44845
2006-01-01 44732
2007-01-01 47373
2008-01-01 50610
2009-01-01 50840
2010-01-01 51456
2011-01-01 48682
2012-01-01 55580
2013-01-01 58056
2014-01-01 57550
2015-01-01 64782
2016-01-01 60582
2017-01-01 59010
2018-01-01 65314
2019-01-01 66940
2020-01-01 76643
2021-01-01 67877
2022-01-01 72077

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