Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Day County, SD
Series ID MHICILBSD46037A052NCEN
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 15907
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 20560
1994-01-01 .
1995-01-01 20800
1996-01-01 .
1997-01-01 23409
1998-01-01 24465
1999-01-01 27724
2000-01-01 29117
2001-01-01 29011
2002-01-01 28955
2003-01-01 30053
2004-01-01 30952
2005-01-01 29926
2006-01-01 30280
2007-01-01 32457
2008-01-01 35078
2009-01-01 32998
2010-01-01 34180
2011-01-01 35807
2012-01-01 37627
2013-01-01 40004
2014-01-01 38690
2015-01-01 41034
2016-01-01 39010
2017-01-01 43943
2018-01-01 43449
2019-01-01 45327
2020-01-01 43422
2021-01-01 50232
2022-01-01 55355

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