Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Tripp County, SD
Series ID MHICILBSD46123A052NCEN
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 1:53 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 17775
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22396
1994-01-01 .
1995-01-01 22480
1996-01-01 .
1997-01-01 25493
1998-01-01 25799
1999-01-01 26907
2000-01-01 27834
2001-01-01 27985
2002-01-01 26922
2003-01-01 29110
2004-01-01 30545
2005-01-01 29517
2006-01-01 30934
2007-01-01 32379
2008-01-01 32321
2009-01-01 35321
2010-01-01 33162
2011-01-01 34484
2012-01-01 38061
2013-01-01 36919
2014-01-01 36585
2015-01-01 44660
2016-01-01 40769
2017-01-01 38036
2018-01-01 40850
2019-01-01 44946
2020-01-01 39570
2021-01-01 44396
2022-01-01 48942

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