Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Dickinson County, MI
Series ID MHICIUBMI26043A052NCEN
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 26746
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31965
1994-01-01 .
1995-01-01 36034
1996-01-01 .
1997-01-01 38956
1998-01-01 40203
1999-01-01 38087
2000-01-01 39806
2001-01-01 38870
2002-01-01 39887
2003-01-01 40279
2004-01-01 41574
2005-01-01 41298
2006-01-01 43479
2007-01-01 44957
2008-01-01 45413
2009-01-01 43579
2010-01-01 45090
2011-01-01 47495
2012-01-01 45963
2013-01-01 46982
2014-01-01 48683
2015-01-01 51265
2016-01-01 50054
2017-01-01 51785
2018-01-01 57121
2019-01-01 57872
2020-01-01 65574
2021-01-01 60915
2022-01-01 63031
2023-01-01 68818

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