Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for McDonald County, MO
Series ID MHICILBMO29119A052NCEN
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 2:33 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 15427
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 18750
1994-01-01 .
1995-01-01 20266
1996-01-01 .
1997-01-01 21661
1998-01-01 23285
1999-01-01 25078
2000-01-01 25784
2001-01-01 25726
2002-01-01 25603
2003-01-01 26712
2004-01-01 27116
2005-01-01 28205
2006-01-01 29142
2007-01-01 30202
2008-01-01 33236
2009-01-01 29698
2010-01-01 30271
2011-01-01 31245
2012-01-01 30006
2013-01-01 33216
2014-01-01 31372
2015-01-01 35871
2016-01-01 34422
2017-01-01 34522
2018-01-01 36259
2019-01-01 35786
2020-01-01 39291
2021-01-01 37347
2022-01-01 45662
2023-01-01 49793

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