Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Pennington County, MN
Series ID MHICIUBMN27113A052NCEN
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 2:31 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 24740
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29032
1994-01-01 .
1995-01-01 33442
1996-01-01 .
1997-01-01 34942
1998-01-01 36706
1999-01-01 36415
2000-01-01 38918
2001-01-01 37719
2002-01-01 38029
2003-01-01 39644
2004-01-01 41139
2005-01-01 43945
2006-01-01 43307
2007-01-01 45480
2008-01-01 50908
2009-01-01 44699
2010-01-01 47219
2011-01-01 44734
2012-01-01 50360
2013-01-01 51232
2014-01-01 55171
2015-01-01 56243
2016-01-01 57736
2017-01-01 61283
2018-01-01 62934
2019-01-01 59887
2020-01-01 72119
2021-01-01 71504
2022-01-01 80921
2023-01-01 78920

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