Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Huron County, MI
Series ID MHICIUBMI26063A052NCEN
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 3:11 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 25753
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28118
1994-01-01 .
1995-01-01 33177
1996-01-01 .
1997-01-01 36237
1998-01-01 37665
1999-01-01 38051
2000-01-01 39488
2001-01-01 37865
2002-01-01 38018
2003-01-01 38204
2004-01-01 39784
2005-01-01 38482
2006-01-01 41584
2007-01-01 40908
2008-01-01 42382
2009-01-01 41092
2010-01-01 40661
2011-01-01 42331
2012-01-01 42974
2013-01-01 43656
2014-01-01 43917
2015-01-01 48239
2016-01-01 48001
2017-01-01 49481
2018-01-01 48422
2019-01-01 52675
2020-01-01 58709
2021-01-01 54970
2022-01-01 53656
2023-01-01 64610

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