Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Powell County, MT
Series ID MHICILBMT30077A052NCEN
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 20318
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23551
1994-01-01 .
1995-01-01 23043
1996-01-01 .
1997-01-01 26497
1998-01-01 27900
1999-01-01 28500
2000-01-01 29207
2001-01-01 28029
2002-01-01 27586
2003-01-01 27798
2004-01-01 29285
2005-01-01 34570
2006-01-01 30624
2007-01-01 33724
2008-01-01 35019
2009-01-01 32334
2010-01-01 33406
2011-01-01 34377
2012-01-01 33793
2013-01-01 36294
2014-01-01 35996
2015-01-01 38638
2016-01-01 40281
2017-01-01 40447
2018-01-01 44149
2019-01-01 43344
2020-01-01 44860
2021-01-01 42199
2022-01-01 54469

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