Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Elk County, KS
Series ID MHICIUBKS20049A052NCEN
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 19610
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22417
1994-01-01 .
1995-01-01 24789
1996-01-01 .
1997-01-01 26921
1998-01-01 27744
1999-01-01 27963
2000-01-01 29944
2001-01-01 28823
2002-01-01 28425
2003-01-01 29509
2004-01-01 30199
2005-01-01 32069
2006-01-01 33187
2007-01-01 34522
2008-01-01 35693
2009-01-01 34469
2010-01-01 35749
2011-01-01 37433
2012-01-01 38127
2013-01-01 40464
2014-01-01 40139
2015-01-01 43078
2016-01-01 44500
2017-01-01 43777
2018-01-01 41312
2019-01-01 46833
2020-01-01 52657
2021-01-01 50455
2022-01-01 52750

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