Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Traill County, ND
Series ID MHICILBND38097A052NCEN
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 2:33 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 22413
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27149
1994-01-01 .
1995-01-01 29871
1996-01-01 .
1997-01-01 32133
1998-01-01 34125
1999-01-01 35424
2000-01-01 36643
2001-01-01 36459
2002-01-01 37414
2003-01-01 38576
2004-01-01 38480
2005-01-01 39007
2006-01-01 37243
2007-01-01 44638
2008-01-01 44584
2009-01-01 42173
2010-01-01 45459
2011-01-01 50064
2012-01-01 46818
2013-01-01 51431
2014-01-01 53407
2015-01-01 50743
2016-01-01 50609
2017-01-01 58465
2018-01-01 55069
2019-01-01 62471
2020-01-01 61466
2021-01-01 64222
2022-01-01 70491
2023-01-01 72821

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