Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Itasca County, MN
Series ID MHICIUBMN27061A052NCEN
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 27048
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29507
1994-01-01 .
1995-01-01 33678
1996-01-01 .
1997-01-01 35860
1998-01-01 37676
1999-01-01 38283
2000-01-01 40482
2001-01-01 39403
2002-01-01 40515
2003-01-01 41049
2004-01-01 42429
2005-01-01 42047
2006-01-01 43485
2007-01-01 46424
2008-01-01 47997
2009-01-01 45731
2010-01-01 49180
2011-01-01 47368
2012-01-01 46003
2013-01-01 50241
2014-01-01 51699
2015-01-01 55406
2016-01-01 55150
2017-01-01 52809
2018-01-01 56710
2019-01-01 63376
2020-01-01 62960
2021-01-01 64248
2022-01-01 71490

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