Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Wilkin County, MN
Series ID MHICIUBMN27167A052NCEN
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 25712
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31395
1994-01-01 .
1995-01-01 35412
1996-01-01 .
1997-01-01 38336
1998-01-01 39232
1999-01-01 40745
2000-01-01 43346
2001-01-01 41971
2002-01-01 42673
2003-01-01 44620
2004-01-01 46715
2005-01-01 48301
2006-01-01 46238
2007-01-01 48675
2008-01-01 55663
2009-01-01 54016
2010-01-01 52773
2011-01-01 54786
2012-01-01 56211
2013-01-01 57344
2014-01-01 60018
2015-01-01 61652
2016-01-01 60157
2017-01-01 63541
2018-01-01 66884
2019-01-01 75104
2020-01-01 73798
2021-01-01 72018
2022-01-01 80368
2023-01-01 82980

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