Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Minnehaha County, SD
Series ID MHICILBSD46099A052NCEN
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 26670
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32485
1994-01-01 .
1995-01-01 34948
1996-01-01 .
1997-01-01 37392
1998-01-01 39377
1999-01-01 39915
2000-01-01 42230
2001-01-01 41820
2002-01-01 42485
2003-01-01 43580
2004-01-01 44246
2005-01-01 43753
2006-01-01 47347
2007-01-01 46952
2008-01-01 52483
2009-01-01 45626
2010-01-01 47233
2011-01-01 49582
2012-01-01 47021
2013-01-01 50169
2014-01-01 52264
2015-01-01 52700
2016-01-01 56937
2017-01-01 59587
2018-01-01 56808
2019-01-01 59678
2020-01-01 60326
2021-01-01 69374
2022-01-01 70600

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