Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Ionia County, MI
Series ID MHICIUBMI26067A052NCEN
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 1:52 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 30849
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 35851
1994-01-01 .
1995-01-01 39262
1996-01-01 .
1997-01-01 41445
1998-01-01 43683
1999-01-01 44069
2000-01-01 45405
2001-01-01 44411
2002-01-01 44936
2003-01-01 46652
2004-01-01 47610
2005-01-01 47389
2006-01-01 48620
2007-01-01 51309
2008-01-01 49900
2009-01-01 50145
2010-01-01 45240
2011-01-01 49838
2012-01-01 52377
2013-01-01 51766
2014-01-01 51831
2015-01-01 53291
2016-01-01 53904
2017-01-01 61054
2018-01-01 64371
2019-01-01 64177
2020-01-01 64597
2021-01-01 69172
2022-01-01 78001

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