Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Meade County, SD
Series ID MHICILBSD46093A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:05 AM 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 22471
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27928
1994-01-01 .
1995-01-01 29380
1996-01-01 .
1997-01-01 31667
1998-01-01 33182
1999-01-01 34596
2000-01-01 36886
2001-01-01 36410
2002-01-01 37372
2003-01-01 39165
2004-01-01 41653
2005-01-01 39312
2006-01-01 42643
2007-01-01 43493
2008-01-01 42123
2009-01-01 41131
2010-01-01 43986
2011-01-01 46411
2012-01-01 48227
2013-01-01 46314
2014-01-01 50861
2015-01-01 50041
2016-01-01 50114
2017-01-01 55682
2018-01-01 53624
2019-01-01 53700
2020-01-01 50332
2021-01-01 57106
2022-01-01 63778
2023-01-01 67608

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