Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Martin County, MN
Series ID MHICIUBMN27091A052NCEN
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 28376
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31437
1994-01-01 .
1995-01-01 34742
1996-01-01 .
1997-01-01 37931
1998-01-01 38446
1999-01-01 37484
2000-01-01 39980
2001-01-01 38886
2002-01-01 40083
2003-01-01 41290
2004-01-01 43291
2005-01-01 43132
2006-01-01 45147
2007-01-01 46367
2008-01-01 46785
2009-01-01 42974
2010-01-01 50527
2011-01-01 48492
2012-01-01 51203
2013-01-01 55267
2014-01-01 55765
2015-01-01 52357
2016-01-01 52083
2017-01-01 58651
2018-01-01 55111
2019-01-01 59173
2020-01-01 65442
2021-01-01 63227
2022-01-01 66815

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