Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Montgomery County, MO
Series ID MHICILBMO29139A052NCEN
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 18189
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22415
1994-01-01 .
1995-01-01 24164
1996-01-01 .
1997-01-01 26916
1998-01-01 27632
1999-01-01 29800
2000-01-01 31260
2001-01-01 30943
2002-01-01 31207
2003-01-01 32611
2004-01-01 33611
2005-01-01 32373
2006-01-01 34389
2007-01-01 36934
2008-01-01 35939
2009-01-01 37144
2010-01-01 35053
2011-01-01 35297
2012-01-01 35953
2013-01-01 36848
2014-01-01 37888
2015-01-01 37254
2016-01-01 39112
2017-01-01 43224
2018-01-01 44684
2019-01-01 44899
2020-01-01 50482
2021-01-01 46996
2022-01-01 50313

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