Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Dewey County, OK
Series ID MHICILBOK40043A052NCEN
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 1:12 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 19381
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 20079
1994-01-01 .
1995-01-01 19608
1996-01-01 .
1997-01-01 23623
1998-01-01 24022
1999-01-01 25816
2000-01-01 27496
2001-01-01 27991
2002-01-01 27433
2003-01-01 29623
2004-01-01 30443
2005-01-01 31217
2006-01-01 32260
2007-01-01 33053
2008-01-01 36403
2009-01-01 35652
2010-01-01 36528
2011-01-01 37982
2012-01-01 41654
2013-01-01 44841
2014-01-01 46166
2015-01-01 47888
2016-01-01 44374
2017-01-01 44044
2018-01-01 45360
2019-01-01 50939
2020-01-01 49466
2021-01-01 46786
2022-01-01 49044

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