Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Granite County, MT
Series ID MHICILBMT30039A052NCEN
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 16991
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 20410
1994-01-01 .
1995-01-01 20327
1996-01-01 .
1997-01-01 22958
1998-01-01 23900
1999-01-01 26202
2000-01-01 27232
2001-01-01 27257
2002-01-01 27748
2003-01-01 29069
2004-01-01 29903
2005-01-01 29316
2006-01-01 30677
2007-01-01 32731
2008-01-01 34426
2009-01-01 32111
2010-01-01 32981
2011-01-01 34325
2012-01-01 35976
2013-01-01 37680
2014-01-01 45442
2015-01-01 38985
2016-01-01 39072
2017-01-01 39930
2018-01-01 43626
2019-01-01 44386
2020-01-01 45026
2021-01-01 46439
2022-01-01 51878

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