Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Roscommon County, MI
Series ID MHICIUBMI26143A052NCEN
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 19467
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21964
1994-01-01 .
1995-01-01 26305
1996-01-01 .
1997-01-01 27332
1998-01-01 28525
1999-01-01 30731
2000-01-01 32642
2001-01-01 31153
2002-01-01 31506
2003-01-01 32060
2004-01-01 33563
2005-01-01 34153
2006-01-01 35364
2007-01-01 33863
2008-01-01 37502
2009-01-01 35989
2010-01-01 34800
2011-01-01 35402
2012-01-01 36986
2013-01-01 33519
2014-01-01 38130
2015-01-01 40800
2016-01-01 40712
2017-01-01 43114
2018-01-01 41851
2019-01-01 46078
2020-01-01 49557
2021-01-01 53949
2022-01-01 54015

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