Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Golden Valley County, ND
Series ID MHICILBND38033A052NCEN
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 19406
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24034
1994-01-01 .
1995-01-01 21538
1996-01-01 .
1997-01-01 22775
1998-01-01 21900
1999-01-01 26586
2000-01-01 28947
2001-01-01 28288
2002-01-01 27164
2003-01-01 29960
2004-01-01 28958
2005-01-01 26863
2006-01-01 31597
2007-01-01 32866
2008-01-01 35157
2009-01-01 31484
2010-01-01 34688
2011-01-01 40050
2012-01-01 40182
2013-01-01 43349
2014-01-01 47836
2015-01-01 51043
2016-01-01 50521
2017-01-01 57949
2018-01-01 52445
2019-01-01 51363
2020-01-01 48780
2021-01-01 57845
2022-01-01 56653

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