Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Hyde County, SD
Series ID MHICILBSD46069A052NCEN
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 18397
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22681
1994-01-01 .
1995-01-01 23995
1996-01-01 .
1997-01-01 25804
1998-01-01 27342
1999-01-01 29010
2000-01-01 30795
2001-01-01 29761
2002-01-01 25569
2003-01-01 31141
2004-01-01 32796
2005-01-01 31985
2006-01-01 33441
2007-01-01 33737
2008-01-01 35243
2009-01-01 36557
2010-01-01 35178
2011-01-01 40493
2012-01-01 45888
2013-01-01 42341
2014-01-01 44123
2015-01-01 44558
2016-01-01 45657
2017-01-01 44680
2018-01-01 47191
2019-01-01 58022
2020-01-01 47721
2021-01-01 53324
2022-01-01 56413

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