Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Ralls County, MO
Series ID MHICILBMO29173A052NCEN
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 21479
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25269
1994-01-01 .
1995-01-01 26555
1996-01-01 .
1997-01-01 28723
1998-01-01 31664
1999-01-01 33683
2000-01-01 35234
2001-01-01 34972
2002-01-01 34986
2003-01-01 36266
2004-01-01 38992
2005-01-01 39168
2006-01-01 39196
2007-01-01 38553
2008-01-01 43143
2009-01-01 44126
2010-01-01 40592
2011-01-01 42438
2012-01-01 43032
2013-01-01 45054
2014-01-01 47258
2015-01-01 46040
2016-01-01 46303
2017-01-01 48729
2018-01-01 52011
2019-01-01 58120
2020-01-01 49216
2021-01-01 55068
2022-01-01 57570

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