Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Missaukee County, MI
Series ID MHICIUBMI26113A052NCEN
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 2:31 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 24613
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27793
1994-01-01 .
1995-01-01 31673
1996-01-01 .
1997-01-01 33682
1998-01-01 35128
1999-01-01 36668
2000-01-01 38935
2001-01-01 37213
2002-01-01 36866
2003-01-01 36734
2004-01-01 38569
2005-01-01 37346
2006-01-01 41704
2007-01-01 42380
2008-01-01 43433
2009-01-01 41122
2010-01-01 39667
2011-01-01 40144
2012-01-01 43803
2013-01-01 42976
2014-01-01 42818
2015-01-01 46121
2016-01-01 44502
2017-01-01 47964
2018-01-01 51491
2019-01-01 55915
2020-01-01 57425
2021-01-01 56398
2022-01-01 65115
2023-01-01 70244

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