Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Beaverhead County, MT
Series ID MHICILBMT30001A052NCEN
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 18894
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23983
1994-01-01 .
1995-01-01 25843
1996-01-01 .
1997-01-01 26832
1998-01-01 26227
1999-01-01 27290
2000-01-01 28393
2001-01-01 28043
2002-01-01 28519
2003-01-01 29727
2004-01-01 31169
2005-01-01 30346
2006-01-01 31198
2007-01-01 34712
2008-01-01 35545
2009-01-01 33942
2010-01-01 32722
2011-01-01 35315
2012-01-01 34767
2013-01-01 36347
2014-01-01 37403
2015-01-01 37271
2016-01-01 36689
2017-01-01 52917
2018-01-01 42490
2019-01-01 44108
2020-01-01 44752
2021-01-01 48444
2022-01-01 53213

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