Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Wayne County, MO
Series ID MHICILBMO29223A052NCEN
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 1:12 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 10594
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 13039
1994-01-01 .
1995-01-01 15013
1996-01-01 .
1997-01-01 15600
1998-01-01 16670
1999-01-01 21212
2000-01-01 22093
2001-01-01 21424
2002-01-01 21610
2003-01-01 22487
2004-01-01 23821
2005-01-01 23734
2006-01-01 28003
2007-01-01 25376
2008-01-01 24532
2009-01-01 24859
2010-01-01 25980
2011-01-01 25375
2012-01-01 28623
2013-01-01 28759
2014-01-01 28071
2015-01-01 29939
2016-01-01 28036
2017-01-01 30051
2018-01-01 30760
2019-01-01 31495
2020-01-01 40624
2021-01-01 36869
2022-01-01 36816

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