Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Florence County, WI
Series ID MHICIUBWI55037A052NCEN
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 1:09 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 24056
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29521
1994-01-01 .
1995-01-01 33375
1996-01-01 .
1997-01-01 34374
1998-01-01 36620
1999-01-01 36569
2000-01-01 38936
2001-01-01 37697
2002-01-01 38687
2003-01-01 39378
2004-01-01 40801
2005-01-01 42332
2006-01-01 43662
2007-01-01 44230
2008-01-01 42579
2009-01-01 44949
2010-01-01 44945
2011-01-01 49470
2012-01-01 48628
2013-01-01 48468
2014-01-01 49074
2015-01-01 50824
2016-01-01 52567
2017-01-01 55782
2018-01-01 57952
2019-01-01 64231
2020-01-01 58203
2021-01-01 67819
2022-01-01 71625

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