Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Davison County, SD
Series ID MHICILBSD46035A052NCEN
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 20252
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25007
1994-01-01 .
1995-01-01 27593
1996-01-01 .
1997-01-01 30385
1998-01-01 31485
1999-01-01 32529
2000-01-01 33689
2001-01-01 33520
2002-01-01 33528
2003-01-01 35323
2004-01-01 35533
2005-01-01 36566
2006-01-01 37052
2007-01-01 39173
2008-01-01 39818
2009-01-01 37724
2010-01-01 37394
2011-01-01 42912
2012-01-01 45223
2013-01-01 43500
2014-01-01 43725
2015-01-01 43141
2016-01-01 45516
2017-01-01 47018
2018-01-01 46863
2019-01-01 50803
2020-01-01 45808
2021-01-01 53954
2022-01-01 56138

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