Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Hutchinson County, SD
Series ID MHICILBSD46067A052NCEN
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 17708
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22234
1994-01-01 .
1995-01-01 23027
1996-01-01 .
1997-01-01 27112
1998-01-01 28184
1999-01-01 28855
2000-01-01 29933
2001-01-01 29825
2002-01-01 28673
2003-01-01 31373
2004-01-01 32383
2005-01-01 33710
2006-01-01 32059
2007-01-01 35220
2008-01-01 39208
2009-01-01 36133
2010-01-01 37919
2011-01-01 42173
2012-01-01 41710
2013-01-01 41083
2014-01-01 44412
2015-01-01 44813
2016-01-01 47237
2017-01-01 48253
2018-01-01 49283
2019-01-01 54307
2020-01-01 47808
2021-01-01 53606
2022-01-01 57828

Subscribe to the FRED newsletter


Follow us

Back to Top