Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Platte County, MO
Series ID MHICILBMO29165A052NCEN
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 37682
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 42748
1994-01-01 .
1995-01-01 45649
1996-01-01 .
1997-01-01 49878
1998-01-01 53397
1999-01-01 52845
2000-01-01 55046
2001-01-01 54635
2002-01-01 55276
2003-01-01 56501
2004-01-01 57342
2005-01-01 57789
2006-01-01 59787
2007-01-01 59521
2008-01-01 62398
2009-01-01 61654
2010-01-01 64195
2011-01-01 60464
2012-01-01 63144
2013-01-01 62833
2014-01-01 66817
2015-01-01 67985
2016-01-01 74376
2017-01-01 72330
2018-01-01 75853
2019-01-01 77657
2020-01-01 78432
2021-01-01 81320
2022-01-01 87484

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