Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Leelanau County, MI
Series ID MHICIUBMI26089A052NCEN
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 29881
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 35476
1994-01-01 .
1995-01-01 41325
1996-01-01 .
1997-01-01 44730
1998-01-01 46270
1999-01-01 49213
2000-01-01 51872
2001-01-01 50551
2002-01-01 51518
2003-01-01 53481
2004-01-01 55569
2005-01-01 58211
2006-01-01 57902
2007-01-01 58054
2008-01-01 59942
2009-01-01 59883
2010-01-01 58820
2011-01-01 54803
2012-01-01 57628
2013-01-01 60409
2014-01-01 64697
2015-01-01 66073
2016-01-01 67039
2017-01-01 73100
2018-01-01 73405
2019-01-01 79713
2020-01-01 87827
2021-01-01 91688
2022-01-01 98004

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