Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Alcona County, MI
Series ID MHICIUBMI26001A052NCEN
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 19868
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22568
1994-01-01 .
1995-01-01 26940
1996-01-01 .
1997-01-01 28598
1998-01-01 30977
1999-01-01 32442
2000-01-01 34616
2001-01-01 33011
2002-01-01 32755
2003-01-01 33184
2004-01-01 34505
2005-01-01 36001
2006-01-01 35967
2007-01-01 36679
2008-01-01 36876
2009-01-01 34635
2010-01-01 36038
2011-01-01 38366
2012-01-01 39971
2013-01-01 38836
2014-01-01 38930
2015-01-01 40660
2016-01-01 40777
2017-01-01 44152
2018-01-01 43264
2019-01-01 44210
2020-01-01 48965
2021-01-01 50533
2022-01-01 58723

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