Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Lapeer County, MI
Series ID MHICIUBMI26087A052NCEN
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 36700
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 42446
1994-01-01 .
1995-01-01 48344
1996-01-01 .
1997-01-01 50834
1998-01-01 53874
1999-01-01 53565
2000-01-01 56465
2001-01-01 55148
2002-01-01 55271
2003-01-01 55208
2004-01-01 55744
2005-01-01 57131
2006-01-01 58961
2007-01-01 60652
2008-01-01 57443
2009-01-01 53661
2010-01-01 52031
2011-01-01 53389
2012-01-01 53223
2013-01-01 57418
2014-01-01 53752
2015-01-01 61611
2016-01-01 59641
2017-01-01 61365
2018-01-01 68431
2019-01-01 69584
2020-01-01 72715
2021-01-01 75410
2022-01-01 77692

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