Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Montgomery County, IA

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Montgomery County, IA
Series ID MHICIUBIA19137A052NCEN
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 3:12 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 25980
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30313
1994-01-01 .
1995-01-01 31939
1996-01-01 .
1997-01-01 35328
1998-01-01 36062
1999-01-01 35363
2000-01-01 37414
2001-01-01 36181
2002-01-01 36326
2003-01-01 36636
2004-01-01 39497
2005-01-01 40576
2006-01-01 40882
2007-01-01 45181
2008-01-01 40005
2009-01-01 42834
2010-01-01 44755
2011-01-01 45135
2012-01-01 49316
2013-01-01 48550
2014-01-01 46164
2015-01-01 47151
2016-01-01 51198
2017-01-01 54674
2018-01-01 54405
2019-01-01 57429
2020-01-01 62637
2021-01-01 59643
2022-01-01 64835
2023-01-01 67241

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