Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Clay County, MO
Series ID MHICILBMO29047A052NCEN
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 32896
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 37764
1994-01-01 .
1995-01-01 39808
1996-01-01 .
1997-01-01 43535
1998-01-01 46042
1999-01-01 45325
2000-01-01 47000
2001-01-01 47140
2002-01-01 48754
2003-01-01 50463
2004-01-01 50852
2005-01-01 51371
2006-01-01 51735
2007-01-01 54978
2008-01-01 57349
2009-01-01 54946
2010-01-01 53209
2011-01-01 55770
2012-01-01 54683
2013-01-01 58484
2014-01-01 58909
2015-01-01 63108
2016-01-01 62223
2017-01-01 63775
2018-01-01 65346
2019-01-01 67801
2020-01-01 71052
2021-01-01 72129
2022-01-01 73922

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