Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Missouri

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Missouri
Series ID MHICILBMO29000A052NCEN
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 1:12 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 25163
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27316
1994-01-01 .
1995-01-01 30147
1996-01-01 31022
1997-01-01 32729
1998-01-01 35186
1999-01-01 36370
2000-01-01 38171
2001-01-01 38168
2002-01-01 38438
2003-01-01 39293
2004-01-01 39423
2005-01-01 41595
2006-01-01 42404
2007-01-01 44536
2008-01-01 46477
2009-01-01 44648
2010-01-01 43819
2011-01-01 44718
2012-01-01 44909
2013-01-01 46483
2014-01-01 47734
2015-01-01 49789
2016-01-01 51343
2017-01-01 52890
2018-01-01 53683
2019-01-01 56741
2020-01-01 58125
2021-01-01 61152
2022-01-01 64059

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