Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Lincoln County, SD
Series ID MHICILBSD46083A052NCEN
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 25974
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 33799
1994-01-01 .
1995-01-01 36986
1996-01-01 .
1997-01-01 42673
1998-01-01 45162
1999-01-01 46600
2000-01-01 48064
2001-01-01 49429
2002-01-01 51995
2003-01-01 55770
2004-01-01 55767
2005-01-01 54766
2006-01-01 59720
2007-01-01 59993
2008-01-01 67232
2009-01-01 67436
2010-01-01 69211
2011-01-01 71432
2012-01-01 71656
2013-01-01 73473
2014-01-01 74152
2015-01-01 74573
2016-01-01 77774
2017-01-01 82984
2018-01-01 76485
2019-01-01 78830
2020-01-01 82111
2021-01-01 83026
2022-01-01 89677

Subscribe to the FRED newsletter


Follow us

Back to Top