Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Mason County, MI
Series ID MHICIUBMI26105A052NCEN
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 25046
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28367
1994-01-01 .
1995-01-01 32734
1996-01-01 .
1997-01-01 34275
1998-01-01 35815
1999-01-01 36562
2000-01-01 38582
2001-01-01 36879
2002-01-01 37331
2003-01-01 37991
2004-01-01 39145
2005-01-01 40858
2006-01-01 39573
2007-01-01 41203
2008-01-01 44191
2009-01-01 41366
2010-01-01 41635
2011-01-01 42412
2012-01-01 43362
2013-01-01 43357
2014-01-01 45289
2015-01-01 47008
2016-01-01 50346
2017-01-01 50795
2018-01-01 54558
2019-01-01 53631
2020-01-01 57078
2021-01-01 60168
2022-01-01 68654

Subscribe to the FRED newsletter


Follow us

Back to Top