Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Benton County, MO
Series ID MHICILBMO29015A052NCEN
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 13997
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 16981
1994-01-01 .
1995-01-01 19095
1996-01-01 .
1997-01-01 20302
1998-01-01 21149
1999-01-01 24404
2000-01-01 25334
2001-01-01 24644
2002-01-01 25289
2003-01-01 26333
2004-01-01 27253
2005-01-01 26843
2006-01-01 28459
2007-01-01 28129
2008-01-01 29349
2009-01-01 28089
2010-01-01 28563
2011-01-01 33850
2012-01-01 30207
2013-01-01 29530
2014-01-01 30829
2015-01-01 30925
2016-01-01 33128
2017-01-01 36503
2018-01-01 36237
2019-01-01 37999
2020-01-01 37405
2021-01-01 49289
2022-01-01 45925

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