Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Swift County, MN
Series ID MHICIUBMN27151A052NCEN
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 1:11 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 23930
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27272
1994-01-01 .
1995-01-01 29878
1996-01-01 .
1997-01-01 33353
1998-01-01 36138
1999-01-01 36584
2000-01-01 38871
2001-01-01 37831
2002-01-01 37733
2003-01-01 38027
2004-01-01 40175
2005-01-01 41711
2006-01-01 43086
2007-01-01 44097
2008-01-01 47328
2009-01-01 48663
2010-01-01 46803
2011-01-01 48883
2012-01-01 52593
2013-01-01 56533
2014-01-01 55792
2015-01-01 51585
2016-01-01 55824
2017-01-01 58874
2018-01-01 56656
2019-01-01 65348
2020-01-01 67520
2021-01-01 66100
2022-01-01 74691

Subscribe to the FRED newsletter


Follow us

Back to Top