Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Smith County, KS

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Smith County, KS
Series ID MHICILBKS20183A052NCEN
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 1:54 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 17510
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21500
1994-01-01 .
1995-01-01 23437
1996-01-01 .
1997-01-01 25119
1998-01-01 25860
1999-01-01 27357
2000-01-01 28065
2001-01-01 27797
2002-01-01 26590
2003-01-01 27684
2004-01-01 28102
2005-01-01 28193
2006-01-01 29582
2007-01-01 32254
2008-01-01 31601
2009-01-01 34299
2010-01-01 34858
2011-01-01 34327
2012-01-01 36348
2013-01-01 35927
2014-01-01 37287
2015-01-01 41135
2016-01-01 35724
2017-01-01 37030
2018-01-01 37906
2019-01-01 40780
2020-01-01 42585
2021-01-01 44160
2022-01-01 47322

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