Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Moody County, SD
Series ID MHICILBSD46101A052NCEN
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 21825
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26854
1994-01-01 .
1995-01-01 28032
1996-01-01 .
1997-01-01 32090
1998-01-01 33493
1999-01-01 34001
2000-01-01 35074
2001-01-01 34604
2002-01-01 34685
2003-01-01 35849
2004-01-01 36884
2005-01-01 36415
2006-01-01 42465
2007-01-01 41753
2008-01-01 43004
2009-01-01 42690
2010-01-01 43084
2011-01-01 45506
2012-01-01 47789
2013-01-01 48824
2014-01-01 48245
2015-01-01 49278
2016-01-01 50638
2017-01-01 51555
2018-01-01 51537
2019-01-01 53974
2020-01-01 67388
2021-01-01 59166
2022-01-01 62684

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