Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Haakon County, SD
Series ID MHICILBSD46055A052NCEN
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 22218
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26601
1994-01-01 .
1995-01-01 26396
1996-01-01 .
1997-01-01 27844
1998-01-01 28198
1999-01-01 29352
2000-01-01 30987
2001-01-01 30645
2002-01-01 25801
2003-01-01 30745
2004-01-01 31039
2005-01-01 31968
2006-01-01 32339
2007-01-01 37874
2008-01-01 35723
2009-01-01 36287
2010-01-01 35204
2011-01-01 40260
2012-01-01 40448
2013-01-01 40891
2014-01-01 39049
2015-01-01 45121
2016-01-01 42484
2017-01-01 41525
2018-01-01 45939
2019-01-01 44494
2020-01-01 43243
2021-01-01 48633
2022-01-01 52109

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