Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Big Horn County, MT
Series ID MHICILBMT30003A052NCEN
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 2:32 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 16552
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 20421
1994-01-01 .
1995-01-01 20330
1996-01-01 .
1997-01-01 21020
1998-01-01 21186
1999-01-01 24393
2000-01-01 25453
2001-01-01 24945
2002-01-01 24624
2003-01-01 26000
2004-01-01 27741
2005-01-01 27921
2006-01-01 29013
2007-01-01 29719
2008-01-01 34468
2009-01-01 29757
2010-01-01 31304
2011-01-01 31611
2012-01-01 33166
2013-01-01 34683
2014-01-01 35417
2015-01-01 37625
2016-01-01 35763
2017-01-01 38330
2018-01-01 38010
2019-01-01 38870
2020-01-01 36411
2021-01-01 42524
2022-01-01 43626
2023-01-01 45509

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