Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Musselshell County, MT
Series ID MHICILBMT30065A052NCEN
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 14749
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 18022
1994-01-01 .
1995-01-01 18691
1996-01-01 .
1997-01-01 19519
1998-01-01 18701
1999-01-01 23495
2000-01-01 24352
2001-01-01 24136
2002-01-01 24230
2003-01-01 25804
2004-01-01 28442
2005-01-01 27570
2006-01-01 28489
2007-01-01 29629
2008-01-01 30823
2009-01-01 30017
2010-01-01 32833
2011-01-01 33774
2012-01-01 35943
2013-01-01 35553
2014-01-01 35600
2015-01-01 37484
2016-01-01 37629
2017-01-01 37588
2018-01-01 38854
2019-01-01 44565
2020-01-01 43207
2021-01-01 49956
2022-01-01 49355

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