Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Prairie County, MT
Series ID MHICILBMT30079A052NCEN
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 16087
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21788
1994-01-01 .
1995-01-01 19080
1996-01-01 .
1997-01-01 21451
1998-01-01 21584
1999-01-01 25247
2000-01-01 25500
2001-01-01 26136
2002-01-01 24773
2003-01-01 26307
2004-01-01 29163
2005-01-01 27806
2006-01-01 28738
2007-01-01 29519
2008-01-01 30149
2009-01-01 29884
2010-01-01 29787
2011-01-01 31862
2012-01-01 32469
2013-01-01 38690
2014-01-01 35944
2015-01-01 37825
2016-01-01 38864
2017-01-01 38705
2018-01-01 38035
2019-01-01 40984
2020-01-01 45068
2021-01-01 41064
2022-01-01 43426

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