Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Wheatland County, MT
Series ID MHICILBMT30107A052NCEN
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 15558
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 17662
1994-01-01 .
1995-01-01 18212
1996-01-01 .
1997-01-01 17858
1998-01-01 16923
1999-01-01 21489
2000-01-01 22077
2001-01-01 22276
2002-01-01 21166
2003-01-01 22048
2004-01-01 23633
2005-01-01 23484
2006-01-01 24679
2007-01-01 25714
2008-01-01 27424
2009-01-01 25694
2010-01-01 27191
2011-01-01 25223
2012-01-01 28455
2013-01-01 29258
2014-01-01 32777
2015-01-01 31915
2016-01-01 33832
2017-01-01 32937
2018-01-01 34310
2019-01-01 36914
2020-01-01 33202
2021-01-01 37294
2022-01-01 38988

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