Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Bon Homme County, SD

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Bon Homme County, SD
Series ID MHICILBSD46009A052NCEN
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 1:53 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 17329
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21873
1994-01-01 .
1995-01-01 22332
1996-01-01 .
1997-01-01 25631
1998-01-01 27267
1999-01-01 28775
2000-01-01 29915
2001-01-01 29502
2002-01-01 28347
2003-01-01 30618
2004-01-01 31411
2005-01-01 31466
2006-01-01 32040
2007-01-01 34301
2008-01-01 36158
2009-01-01 35578
2010-01-01 38076
2011-01-01 37567
2012-01-01 37505
2013-01-01 42051
2014-01-01 43732
2015-01-01 44318
2016-01-01 44497
2017-01-01 43188
2018-01-01 45068
2019-01-01 46966
2020-01-01 44949
2021-01-01 47978
2022-01-01 56733

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