Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Smith County, KS
Series ID MHICIUBKS20183A052NCEN
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 22232
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26266
1994-01-01 .
1995-01-01 29635
1996-01-01 .
1997-01-01 31379
1998-01-01 32056
1999-01-01 31287
2000-01-01 32725
2001-01-01 32049
2002-01-01 30892
2003-01-01 31648
2004-01-01 32209
2005-01-01 33882
2006-01-01 34518
2007-01-01 37854
2008-01-01 37493
2009-01-01 41421
2010-01-01 41382
2011-01-01 41853
2012-01-01 43802
2013-01-01 43465
2014-01-01 45319
2015-01-01 46609
2016-01-01 44288
2017-01-01 45064
2018-01-01 45892
2019-01-01 51050
2020-01-01 55643
2021-01-01 55352
2022-01-01 56880

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