Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Houston County, MN
Series ID MHICIUBMN27055A052NCEN
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 29122
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 33612
1994-01-01 .
1995-01-01 36939
1996-01-01 .
1997-01-01 41164
1998-01-01 43324
1999-01-01 43504
2000-01-01 45971
2001-01-01 45175
2002-01-01 45804
2003-01-01 46581
2004-01-01 48179
2005-01-01 53158
2006-01-01 50926
2007-01-01 51330
2008-01-01 54071
2009-01-01 53633
2010-01-01 54776
2011-01-01 56163
2012-01-01 53892
2013-01-01 55189
2014-01-01 62802
2015-01-01 60461
2016-01-01 63062
2017-01-01 59227
2018-01-01 64281
2019-01-01 70244
2020-01-01 68776
2021-01-01 77278
2022-01-01 83216
2023-01-01 83798

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