Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Ottawa County, MI
Series ID MHICIUBMI26139A052NCEN
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 38261
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 45395
1994-01-01 .
1995-01-01 52534
1996-01-01 .
1997-01-01 54604
1998-01-01 56186
1999-01-01 55937
2000-01-01 58387
2001-01-01 57039
2002-01-01 57143
2003-01-01 57462
2004-01-01 58433
2005-01-01 59389
2006-01-01 59424
2007-01-01 57483
2008-01-01 58231
2009-01-01 54319
2010-01-01 55303
2011-01-01 57133
2012-01-01 57618
2013-01-01 60347
2014-01-01 62516
2015-01-01 63555
2016-01-01 67577
2017-01-01 71213
2018-01-01 73212
2019-01-01 73107
2020-01-01 81700
2021-01-01 82935
2022-01-01 90770

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