Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Stearns County, MN
Series ID MHICIUBMN27145A052NCEN
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 29760
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 35382
1994-01-01 .
1995-01-01 39065
1996-01-01 .
1997-01-01 41770
1998-01-01 43943
1999-01-01 44977
2000-01-01 48098
2001-01-01 47061
2002-01-01 48081
2003-01-01 48594
2004-01-01 49952
2005-01-01 48967
2006-01-01 51426
2007-01-01 53792
2008-01-01 53666
2009-01-01 51228
2010-01-01 52479
2011-01-01 54636
2012-01-01 57042
2013-01-01 59410
2014-01-01 58050
2015-01-01 57306
2016-01-01 60421
2017-01-01 65123
2018-01-01 63034
2019-01-01 69087
2020-01-01 70409
2021-01-01 72220
2022-01-01 76234

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