Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Branch County, MI
Series ID MHICIUBMI26023A052NCEN
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 26778
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30939
1994-01-01 .
1995-01-01 34446
1996-01-01 .
1997-01-01 36883
1998-01-01 38459
1999-01-01 39485
2000-01-01 42019
2001-01-01 40131
2002-01-01 40118
2003-01-01 40815
2004-01-01 41746
2005-01-01 44907
2006-01-01 42505
2007-01-01 45714
2008-01-01 46880
2009-01-01 43568
2010-01-01 40313
2011-01-01 42937
2012-01-01 46187
2013-01-01 46585
2014-01-01 49132
2015-01-01 50305
2016-01-01 51400
2017-01-01 52502
2018-01-01 53331
2019-01-01 55286
2020-01-01 55341
2021-01-01 63670
2022-01-01 69188
2023-01-01 62369

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