Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Muskegon County, MI
Series ID MHICIUBMI26121A052NCEN
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 1:11 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 27689
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31465
1994-01-01 .
1995-01-01 35519
1996-01-01 .
1997-01-01 37839
1998-01-01 39512
1999-01-01 39465
2000-01-01 41644
2001-01-01 39791
2002-01-01 39645
2003-01-01 40078
2004-01-01 41030
2005-01-01 43236
2006-01-01 43234
2007-01-01 42257
2008-01-01 43131
2009-01-01 41048
2010-01-01 41637
2011-01-01 40904
2012-01-01 42309
2013-01-01 43570
2014-01-01 44207
2015-01-01 48858
2016-01-01 46224
2017-01-01 51397
2018-01-01 52475
2019-01-01 53460
2020-01-01 62796
2021-01-01 57791
2022-01-01 61522

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