Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Shiawassee County, MI
Series ID MHICIUBMI26155A052NCEN
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 31289
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 36125
1994-01-01 .
1995-01-01 39686
1996-01-01 .
1997-01-01 41498
1998-01-01 42946
1999-01-01 43978
2000-01-01 46492
2001-01-01 45175
2002-01-01 45375
2003-01-01 46219
2004-01-01 47073
2005-01-01 45445
2006-01-01 45418
2007-01-01 47962
2008-01-01 50436
2009-01-01 45902
2010-01-01 48270
2011-01-01 49505
2012-01-01 45751
2013-01-01 47092
2014-01-01 50974
2015-01-01 53626
2016-01-01 55237
2017-01-01 56420
2018-01-01 58172
2019-01-01 59116
2020-01-01 66861
2021-01-01 56162
2022-01-01 64917
2023-01-01 69717

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