Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Eaton County, MI
Series ID MHICIUBMI26045A052NCEN
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 38056
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 42674
1994-01-01 .
1995-01-01 46255
1996-01-01 .
1997-01-01 49470
1998-01-01 51202
1999-01-01 52198
2000-01-01 54725
2001-01-01 53244
2002-01-01 54050
2003-01-01 54310
2004-01-01 54778
2005-01-01 52987
2006-01-01 56624
2007-01-01 54502
2008-01-01 60966
2009-01-01 55428
2010-01-01 54164
2011-01-01 53609
2012-01-01 57865
2013-01-01 56234
2014-01-01 59286
2015-01-01 59990
2016-01-01 61650
2017-01-01 67367
2018-01-01 69940
2019-01-01 69671
2020-01-01 72372
2021-01-01 75156
2022-01-01 74569

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