Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Monroe County, MI
Series ID MHICIUBMI26115A052NCEN
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 36425
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 41838
1994-01-01 .
1995-01-01 49014
1996-01-01 .
1997-01-01 51600
1998-01-01 53473
1999-01-01 54123
2000-01-01 56992
2001-01-01 55336
2002-01-01 55658
2003-01-01 56013
2004-01-01 57299
2005-01-01 58962
2006-01-01 57491
2007-01-01 57331
2008-01-01 59995
2009-01-01 55164
2010-01-01 52902
2011-01-01 57037
2012-01-01 54410
2013-01-01 59847
2014-01-01 60481
2015-01-01 59431
2016-01-01 66012
2017-01-01 65068
2018-01-01 65002
2019-01-01 68168
2020-01-01 74445
2021-01-01 68852
2022-01-01 77591

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