Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Wadena County, MN
Series ID MHICIUBMN27159A052NCEN
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 21879
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25205
1994-01-01 .
1995-01-01 28016
1996-01-01 .
1997-01-01 30116
1998-01-01 31401
1999-01-01 32499
2000-01-01 34807
2001-01-01 33165
2002-01-01 33463
2003-01-01 34336
2004-01-01 36848
2005-01-01 36479
2006-01-01 37246
2007-01-01 38960
2008-01-01 38744
2009-01-01 39038
2010-01-01 39500
2011-01-01 39600
2012-01-01 40758
2013-01-01 43380
2014-01-01 45151
2015-01-01 48710
2016-01-01 43409
2017-01-01 50161
2018-01-01 49874
2019-01-01 55914
2020-01-01 50221
2021-01-01 60451
2022-01-01 63501
2023-01-01 59963

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