Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Missouri

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Missouri
Series ID MHICIUBMO29000A052NCEN
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 2:31 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 27503
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29768
1994-01-01 .
1995-01-01 33255
1996-01-01 34872
1997-01-01 36275
1998-01-01 39187
1999-01-01 39400
2000-01-01 42651
2001-01-01 41136
2002-01-01 42180
2003-01-01 42447
2004-01-01 42347
2005-01-01 42297
2006-01-01 43272
2007-01-01 45487
2008-01-01 47217
2009-01-01 45650
2010-01-01 44793
2011-01-01 45744
2012-01-01 45731
2013-01-01 47327
2014-01-01 48842
2015-01-01 50611
2016-01-01 52083
2017-01-01 54122
2018-01-01 55141
2019-01-01 58009
2020-01-01 59499
2021-01-01 62478
2022-01-01 65507
2023-01-01 69367

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