Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Presque Isle County, MI
Series ID MHICIUBMI26141A052NCEN
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 3:11 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 22999
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25791
1994-01-01 .
1995-01-01 29487
1996-01-01 .
1997-01-01 32020
1998-01-01 32887
1999-01-01 33309
2000-01-01 35287
2001-01-01 34296
2002-01-01 34533
2003-01-01 35230
2004-01-01 36377
2005-01-01 37457
2006-01-01 38412
2007-01-01 41815
2008-01-01 40944
2009-01-01 38889
2010-01-01 38421
2011-01-01 42320
2012-01-01 39968
2013-01-01 41008
2014-01-01 42422
2015-01-01 44698
2016-01-01 46786
2017-01-01 46720
2018-01-01 49200
2019-01-01 51654
2020-01-01 54395
2021-01-01 59097
2022-01-01 61352
2023-01-01 59353

Subscribe to the FRED newsletter


Follow us

Back to Top