Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Wallace County, KS
Series ID MHICIUBKS20199A052NCEN
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 25910
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30612
1994-01-01 .
1995-01-01 29302
1996-01-01 .
1997-01-01 31988
1998-01-01 35472
1999-01-01 36204
2000-01-01 37604
2001-01-01 36645
2002-01-01 33874
2003-01-01 34625
2004-01-01 35539
2005-01-01 36349
2006-01-01 38437
2007-01-01 40851
2008-01-01 44667
2009-01-01 45023
2010-01-01 47700
2011-01-01 52195
2012-01-01 53807
2013-01-01 50736
2014-01-01 54369
2015-01-01 53398
2016-01-01 52911
2017-01-01 57900
2018-01-01 56881
2019-01-01 61047
2020-01-01 66410
2021-01-01 66553
2022-01-01 70257
2023-01-01 68287

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