Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Ogemaw County, MI
Series ID MHICIUBMI26129A052NCEN
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 20334
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23424
1994-01-01 .
1995-01-01 27488
1996-01-01 .
1997-01-01 28517
1998-01-01 29611
1999-01-01 31421
2000-01-01 33377
2001-01-01 31948
2002-01-01 32254
2003-01-01 33190
2004-01-01 34322
2005-01-01 34565
2006-01-01 36922
2007-01-01 36720
2008-01-01 38302
2009-01-01 35305
2010-01-01 36742
2011-01-01 35733
2012-01-01 35950
2013-01-01 37326
2014-01-01 38375
2015-01-01 39362
2016-01-01 40630
2017-01-01 41186
2018-01-01 44152
2019-01-01 44029
2020-01-01 50289
2021-01-01 49053
2022-01-01 58209

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