Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Todd County, MN
Series ID MHICIUBMN27153A052NCEN
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 22783
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26716
1994-01-01 .
1995-01-01 28692
1996-01-01 .
1997-01-01 31015
1998-01-01 32593
1999-01-01 33815
2000-01-01 35926
2001-01-01 34677
2002-01-01 35223
2003-01-01 35932
2004-01-01 37664
2005-01-01 39398
2006-01-01 41840
2007-01-01 42625
2008-01-01 45426
2009-01-01 44363
2010-01-01 42654
2011-01-01 44275
2012-01-01 48992
2013-01-01 46862
2014-01-01 46104
2015-01-01 51890
2016-01-01 50459
2017-01-01 53628
2018-01-01 60520
2019-01-01 54159
2020-01-01 58157
2021-01-01 63598
2022-01-01 70080
2023-01-01 65674

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