Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Lawrence County, SD
Series ID MHICILBSD46081A052NCEN
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 21746
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27228
1994-01-01 .
1995-01-01 29126
1996-01-01 .
1997-01-01 28970
1998-01-01 28872
1999-01-01 29457
2000-01-01 30892
2001-01-01 31068
2002-01-01 31897
2003-01-01 33395
2004-01-01 34395
2005-01-01 34722
2006-01-01 33227
2007-01-01 37584
2008-01-01 38901
2009-01-01 37539
2010-01-01 41899
2011-01-01 38679
2012-01-01 39120
2013-01-01 39427
2014-01-01 41789
2015-01-01 47988
2016-01-01 46008
2017-01-01 46776
2018-01-01 47241
2019-01-01 49386
2020-01-01 50378
2021-01-01 56303
2022-01-01 60995

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