Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Sibley County, MN
Series ID MHICIUBMN27143A052NCEN
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 27690
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32273
1994-01-01 .
1995-01-01 34367
1996-01-01 .
1997-01-01 36903
1998-01-01 38533
1999-01-01 41671
2000-01-01 45307
2001-01-01 43964
2002-01-01 44474
2003-01-01 44631
2004-01-01 48216
2005-01-01 50213
2006-01-01 54086
2007-01-01 52546
2008-01-01 55562
2009-01-01 52315
2010-01-01 49952
2011-01-01 55835
2012-01-01 56686
2013-01-01 60830
2014-01-01 63201
2015-01-01 60922
2016-01-01 64657
2017-01-01 64529
2018-01-01 70911
2019-01-01 71932
2020-01-01 65624
2021-01-01 79447
2022-01-01 82532
2023-01-01 81464

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