Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Clark County, SD
Series ID MHICILBSD46025A052NCEN
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 17019
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21079
1994-01-01 .
1995-01-01 20850
1996-01-01 .
1997-01-01 25248
1998-01-01 26182
1999-01-01 28709
2000-01-01 29672
2001-01-01 29193
2002-01-01 28266
2003-01-01 29123
2004-01-01 30176
2005-01-01 31295
2006-01-01 33482
2007-01-01 33012
2008-01-01 36429
2009-01-01 36623
2010-01-01 38797
2011-01-01 40298
2012-01-01 43636
2013-01-01 41601
2014-01-01 43064
2015-01-01 58171
2016-01-01 41222
2017-01-01 42873
2018-01-01 43367
2019-01-01 49537
2020-01-01 46785
2021-01-01 53258
2022-01-01 54879

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