Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Mower County, MN
Series ID MHICIUBMN27099A052NCEN
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 3:12 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 26651
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30743
1994-01-01 .
1995-01-01 34714
1996-01-01 .
1997-01-01 37414
1998-01-01 39230
1999-01-01 38906
2000-01-01 41153
2001-01-01 39947
2002-01-01 40545
2003-01-01 41505
2004-01-01 43347
2005-01-01 45408
2006-01-01 44400
2007-01-01 47911
2008-01-01 50728
2009-01-01 47502
2010-01-01 46083
2011-01-01 49841
2012-01-01 50194
2013-01-01 53011
2014-01-01 51798
2015-01-01 55141
2016-01-01 57840
2017-01-01 59261
2018-01-01 57614
2019-01-01 60584
2020-01-01 68969
2021-01-01 66408
2022-01-01 74621
2023-01-01 73178

Subscribe to the FRED newsletter


Follow us

Back to Top