Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Bates County, MO
Series ID MHICILBMO29013A052NCEN
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 3:13 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 18521
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21268
1994-01-01 .
1995-01-01 22447
1996-01-01 .
1997-01-01 25838
1998-01-01 26087
1999-01-01 28427
2000-01-01 29851
2001-01-01 30046
2002-01-01 30862
2003-01-01 32142
2004-01-01 32925
2005-01-01 33240
2006-01-01 36483
2007-01-01 34704
2008-01-01 34150
2009-01-01 35577
2010-01-01 35564
2011-01-01 37348
2012-01-01 36036
2013-01-01 35312
2014-01-01 38219
2015-01-01 42417
2016-01-01 37951
2017-01-01 41348
2018-01-01 42161
2019-01-01 43486
2020-01-01 46697
2021-01-01 49550
2022-01-01 50800
2023-01-01 49838

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