Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Perkins County, SD
Series ID MHICILBSD46105A052NCEN
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 2:32 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 19195
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22836
1994-01-01 .
1995-01-01 19901
1996-01-01 .
1997-01-01 23070
1998-01-01 22504
1999-01-01 25880
2000-01-01 27641
2001-01-01 27621
2002-01-01 25716
2003-01-01 27191
2004-01-01 28755
2005-01-01 30028
2006-01-01 29232
2007-01-01 30856
2008-01-01 31302
2009-01-01 30371
2010-01-01 28520
2011-01-01 34046
2012-01-01 34937
2013-01-01 36183
2014-01-01 35638
2015-01-01 39991
2016-01-01 42460
2017-01-01 42980
2018-01-01 51917
2019-01-01 46651
2020-01-01 39733
2021-01-01 43981
2022-01-01 50513
2023-01-01 50929

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