Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Nobles County, MN
Series ID MHICIUBMN27105A052NCEN
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 28103
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31180
1994-01-01 .
1995-01-01 33023
1996-01-01 .
1997-01-01 35681
1998-01-01 36497
1999-01-01 37434
2000-01-01 39797
2001-01-01 39050
2002-01-01 39471
2003-01-01 40825
2004-01-01 42502
2005-01-01 42287
2006-01-01 43910
2007-01-01 45346
2008-01-01 48578
2009-01-01 47561
2010-01-01 48854
2011-01-01 48638
2012-01-01 50978
2013-01-01 54120
2014-01-01 53658
2015-01-01 54471
2016-01-01 59786
2017-01-01 54377
2018-01-01 60172
2019-01-01 63156
2020-01-01 70827
2021-01-01 63896
2022-01-01 71339

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