Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Alpena County, MI
Series ID MHICIUBMI26007A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:31 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
1989-01-01 25392
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28226
1994-01-01 .
1995-01-01 32498
1996-01-01 .
1997-01-01 34922
1998-01-01 36377
1999-01-01 36058
2000-01-01 38049
2001-01-01 36507
2002-01-01 36336
2003-01-01 36895
2004-01-01 38317
2005-01-01 38495
2006-01-01 37811
2007-01-01 40888
2008-01-01 40472
2009-01-01 38863
2010-01-01 38852
2011-01-01 39793
2012-01-01 40343
2013-01-01 41243
2014-01-01 41210
2015-01-01 43166
2016-01-01 45912
2017-01-01 43506
2018-01-01 45620
2019-01-01 47468
2020-01-01 45346
2021-01-01 54916
2022-01-01 59311
2023-01-01 58182

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