Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Murray County, MN
Series ID MHICIUBMN27101A052NCEN
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 1:52 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 26083
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30466
1994-01-01 .
1995-01-01 31629
1996-01-01 .
1997-01-01 34869
1998-01-01 36335
1999-01-01 37520
2000-01-01 39757
2001-01-01 38900
2002-01-01 39110
2003-01-01 40372
2004-01-01 42898
2005-01-01 43785
2006-01-01 47835
2007-01-01 47404
2008-01-01 48933
2009-01-01 48677
2010-01-01 53853
2011-01-01 56534
2012-01-01 54695
2013-01-01 57177
2014-01-01 55182
2015-01-01 54682
2016-01-01 55972
2017-01-01 65042
2018-01-01 64357
2019-01-01 67444
2020-01-01 71116
2021-01-01 75347
2022-01-01 75092

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