Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Fergus County, MT
Series ID MHICILBMT30027A052NCEN
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 1:54 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 18412
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23200
1994-01-01 .
1995-01-01 22876
1996-01-01 .
1997-01-01 25246
1998-01-01 25070
1999-01-01 28073
2000-01-01 29307
2001-01-01 29099
2002-01-01 28984
2003-01-01 29615
2004-01-01 31327
2005-01-01 31502
2006-01-01 33141
2007-01-01 33543
2008-01-01 35708
2009-01-01 33920
2010-01-01 34195
2011-01-01 34929
2012-01-01 36423
2013-01-01 37342
2014-01-01 38699
2015-01-01 39550
2016-01-01 40975
2017-01-01 45739
2018-01-01 45557
2019-01-01 43831
2020-01-01 41843
2021-01-01 48276
2022-01-01 53924

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