Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Cottonwood County, MN
Series ID MHICIUBMN27033A052NCEN
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 2:32 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 26343
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29229
1994-01-01 .
1995-01-01 31457
1996-01-01 .
1997-01-01 34378
1998-01-01 35075
1999-01-01 34655
2000-01-01 36560
2001-01-01 35760
2002-01-01 36485
2003-01-01 38504
2004-01-01 40886
2005-01-01 42942
2006-01-01 37962
2007-01-01 42254
2008-01-01 43521
2009-01-01 44021
2010-01-01 47484
2011-01-01 48469
2012-01-01 47545
2013-01-01 49762
2014-01-01 52162
2015-01-01 53712
2016-01-01 52136
2017-01-01 53314
2018-01-01 56379
2019-01-01 59381
2020-01-01 61042
2021-01-01 65550
2022-01-01 66441
2023-01-01 71363

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