Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Slope County, ND
Series ID MHICILBND38087A052NCEN
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 2023-01-01
Last Updated 2024-12-20 3:13 AM 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 18298
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22304
1994-01-01 .
1995-01-01 16522
1996-01-01 .
1997-01-01 17200
1998-01-01 19366
1999-01-01 22603
2000-01-01 25777
2001-01-01 24128
2002-01-01 21278
2003-01-01 25744
2004-01-01 29514
2005-01-01 27817
2006-01-01 28399
2007-01-01 27633
2008-01-01 34083
2009-01-01 28918
2010-01-01 42532
2011-01-01 47003
2012-01-01 48064
2013-01-01 53870
2014-01-01 49704
2015-01-01 50789
2016-01-01 48047
2017-01-01 50028
2018-01-01 44579
2019-01-01 46776
2020-01-01 45308
2021-01-01 50719
2022-01-01 65119
2023-01-01 49180

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