Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Kandiyohi County, MN
Series ID MHICIUBMN27067A052NCEN
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 28569
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 33079
1994-01-01 .
1995-01-01 37105
1996-01-01 .
1997-01-01 39871
1998-01-01 40954
1999-01-01 41651
2000-01-01 44183
2001-01-01 43280
2002-01-01 43959
2003-01-01 44541
2004-01-01 46050
2005-01-01 47706
2006-01-01 50138
2007-01-01 49477
2008-01-01 53980
2009-01-01 49184
2010-01-01 47262
2011-01-01 52794
2012-01-01 51867
2013-01-01 55485
2014-01-01 60248
2015-01-01 55075
2016-01-01 56311
2017-01-01 64389
2018-01-01 64664
2019-01-01 68211
2020-01-01 71411
2021-01-01 71467
2022-01-01 78673
2023-01-01 74262

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