Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Nodaway County, MO
Series ID MHICILBMO29147A052NCEN
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 19733
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23672
1994-01-01 .
1995-01-01 24345
1996-01-01 .
1997-01-01 29204
1998-01-01 31355
1999-01-01 30347
2000-01-01 31025
2001-01-01 30595
2002-01-01 30688
2003-01-01 31944
2004-01-01 33206
2005-01-01 32673
2006-01-01 33579
2007-01-01 35044
2008-01-01 37343
2009-01-01 33994
2010-01-01 36831
2011-01-01 35132
2012-01-01 36453
2013-01-01 38186
2014-01-01 39041
2015-01-01 39657
2016-01-01 40903
2017-01-01 40455
2018-01-01 42270
2019-01-01 42704
2020-01-01 50109
2021-01-01 44132
2022-01-01 51979

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