Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Webster County, MO
Series ID MHICILBMO29225A052NCEN
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 18577
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22296
1994-01-01 .
1995-01-01 24412
1996-01-01 .
1997-01-01 25485
1998-01-01 27156
1999-01-01 29245
2000-01-01 30381
2001-01-01 30056
2002-01-01 30633
2003-01-01 32223
2004-01-01 33709
2005-01-01 33797
2006-01-01 34864
2007-01-01 35253
2008-01-01 36368
2009-01-01 36380
2010-01-01 40505
2011-01-01 35712
2012-01-01 39972
2013-01-01 41208
2014-01-01 38086
2015-01-01 39903
2016-01-01 43453
2017-01-01 42062
2018-01-01 46982
2019-01-01 50591
2020-01-01 51395
2021-01-01 56427
2022-01-01 53675

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