Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Cheboygan County, MI
Series ID MHICIUBMI26031A052NCEN
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 23249
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25871
1994-01-01 .
1995-01-01 30699
1996-01-01 .
1997-01-01 32791
1998-01-01 33798
1999-01-01 34723
2000-01-01 37034
2001-01-01 35929
2002-01-01 35977
2003-01-01 36664
2004-01-01 37990
2005-01-01 38796
2006-01-01 38893
2007-01-01 41583
2008-01-01 40660
2009-01-01 39927
2010-01-01 39305
2011-01-01 39771
2012-01-01 39727
2013-01-01 40968
2014-01-01 44695
2015-01-01 44281
2016-01-01 44755
2017-01-01 47075
2018-01-01 51322
2019-01-01 51670
2020-01-01 54668
2021-01-01 57825
2022-01-01 64558
2023-01-01 65049

Subscribe to the FRED newsletter


Follow us

Back to Top