Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Pine County, MN
Series ID MHICIUBMN27115A052NCEN
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 24017
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27778
1994-01-01 .
1995-01-01 32381
1996-01-01 .
1997-01-01 33907
1998-01-01 35500
1999-01-01 37641
2000-01-01 40061
2001-01-01 39002
2002-01-01 40027
2003-01-01 40300
2004-01-01 42262
2005-01-01 44294
2006-01-01 43859
2007-01-01 46948
2008-01-01 47373
2009-01-01 41445
2010-01-01 45032
2011-01-01 45331
2012-01-01 48197
2013-01-01 46159
2014-01-01 44207
2015-01-01 49099
2016-01-01 54829
2017-01-01 55451
2018-01-01 54655
2019-01-01 59717
2020-01-01 64706
2021-01-01 66799
2022-01-01 70767
2023-01-01 73684

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