Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Broadwater County, MT
Series ID MHICILBMT30007A052NCEN
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 19283
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22628
1994-01-01 .
1995-01-01 23984
1996-01-01 .
1997-01-01 26076
1998-01-01 26804
1999-01-01 29979
2000-01-01 31247
2001-01-01 30466
2002-01-01 30659
2003-01-01 31375
2004-01-01 33749
2005-01-01 32443
2006-01-01 34673
2007-01-01 37831
2008-01-01 36557
2009-01-01 38687
2010-01-01 37113
2011-01-01 39966
2012-01-01 42036
2013-01-01 41757
2014-01-01 46801
2015-01-01 46256
2016-01-01 45648
2017-01-01 49604
2018-01-01 48640
2019-01-01 53496
2020-01-01 52938
2021-01-01 58112
2022-01-01 59984

Subscribe to the FRED newsletter


Follow us

Back to Top