Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Hillsdale County, MI
Series ID MHICIUBMI26059A052NCEN
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 27241
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32048
1994-01-01 .
1995-01-01 36000
1996-01-01 .
1997-01-01 38750
1998-01-01 40351
1999-01-01 41549
2000-01-01 44034
2001-01-01 42300
2002-01-01 42544
2003-01-01 42755
2004-01-01 43337
2005-01-01 42809
2006-01-01 44110
2007-01-01 45898
2008-01-01 47350
2009-01-01 40179
2010-01-01 43853
2011-01-01 43170
2012-01-01 42723
2013-01-01 43047
2014-01-01 48045
2015-01-01 49858
2016-01-01 51463
2017-01-01 51129
2018-01-01 54444
2019-01-01 54758
2020-01-01 58741
2021-01-01 58952
2022-01-01 64733

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