Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Richland County, WI
Series ID MHICIUBWI55103A052NCEN
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 23580
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27884
1994-01-01 .
1995-01-01 32174
1996-01-01 .
1997-01-01 35082
1998-01-01 37044
1999-01-01 36532
2000-01-01 38417
2001-01-01 37658
2002-01-01 38052
2003-01-01 40023
2004-01-01 41359
2005-01-01 41468
2006-01-01 43800
2007-01-01 46143
2008-01-01 46142
2009-01-01 45507
2010-01-01 44093
2011-01-01 46399
2012-01-01 45806
2013-01-01 46862
2014-01-01 47176
2015-01-01 49890
2016-01-01 53190
2017-01-01 52654
2018-01-01 57255
2019-01-01 54859
2020-01-01 61042
2021-01-01 64950
2022-01-01 70933

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