Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Foster County, ND
Series ID MHICILBND38031A052NCEN
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 19170
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23997
1994-01-01 .
1995-01-01 24063
1996-01-01 .
1997-01-01 27559
1998-01-01 30015
1999-01-01 30921
2000-01-01 32039
2001-01-01 31577
2002-01-01 32211
2003-01-01 35504
2004-01-01 33673
2005-01-01 33227
2006-01-01 35206
2007-01-01 38667
2008-01-01 39978
2009-01-01 40499
2010-01-01 42195
2011-01-01 44538
2012-01-01 44850
2013-01-01 49772
2014-01-01 49600
2015-01-01 49114
2016-01-01 48499
2017-01-01 52995
2018-01-01 51897
2019-01-01 50707
2020-01-01 53878
2021-01-01 61697
2022-01-01 77516

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