Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Scott County, MO
Series ID MHICILBMO29201A052NCEN
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 19821
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22347
1994-01-01 .
1995-01-01 23917
1996-01-01 .
1997-01-01 25672
1998-01-01 26328
1999-01-01 28691
2000-01-01 29920
2001-01-01 29271
2002-01-01 29567
2003-01-01 31054
2004-01-01 31689
2005-01-01 30810
2006-01-01 32565
2007-01-01 33810
2008-01-01 32845
2009-01-01 35113
2010-01-01 34336
2011-01-01 34171
2012-01-01 35025
2013-01-01 37522
2014-01-01 37696
2015-01-01 36996
2016-01-01 38966
2017-01-01 38553
2018-01-01 39883
2019-01-01 40601
2020-01-01 48517
2021-01-01 44086
2022-01-01 54672
2023-01-01 54872

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