Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Carver County, MN
Series ID MHICIUBMN27019A052NCEN
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 41664
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 49193
1994-01-01 .
1995-01-01 57126
1996-01-01 .
1997-01-01 61998
1998-01-01 66935
1999-01-01 71022
2000-01-01 75687
2001-01-01 76160
2002-01-01 78185
2003-01-01 79121
2004-01-01 80695
2005-01-01 78889
2006-01-01 82643
2007-01-01 83659
2008-01-01 89067
2009-01-01 80875
2010-01-01 86387
2011-01-01 90708
2012-01-01 89528
2013-01-01 92768
2014-01-01 95070
2015-01-01 98788
2016-01-01 98797
2017-01-01 108281
2018-01-01 112179
2019-01-01 104682
2020-01-01 118287
2021-01-01 114191
2022-01-01 123718

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