Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Washtenaw County, MI
Series ID MHICIUBMI26161A052NCEN
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 39375
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 44681
1994-01-01 .
1995-01-01 49909
1996-01-01 .
1997-01-01 54099
1998-01-01 57146
1999-01-01 56778
2000-01-01 59451
2001-01-01 57695
2002-01-01 57065
2003-01-01 57964
2004-01-01 58931
2005-01-01 57777
2006-01-01 59142
2007-01-01 62969
2008-01-01 62005
2009-01-01 56701
2010-01-01 58328
2011-01-01 58776
2012-01-01 58515
2013-01-01 62633
2014-01-01 64937
2015-01-01 64633
2016-01-01 68775
2017-01-01 73154
2018-01-01 75501
2019-01-01 79781
2020-01-01 80583
2021-01-01 80639
2022-01-01 85355

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