Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Grundy County, MO
Series ID MHICIUBMO29079A052NCEN
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 1:52 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 21488
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24674
1994-01-01 .
1995-01-01 27470
1996-01-01 .
1997-01-01 31153
1998-01-01 32355
1999-01-01 30268
2000-01-01 31525
2001-01-01 30212
2002-01-01 30799
2003-01-01 30759
2004-01-01 31757
2005-01-01 34326
2006-01-01 33639
2007-01-01 35726
2008-01-01 38542
2009-01-01 38634
2010-01-01 37922
2011-01-01 38078
2012-01-01 38060
2013-01-01 40457
2014-01-01 40599
2015-01-01 42562
2016-01-01 44177
2017-01-01 44446
2018-01-01 44473
2019-01-01 48597
2020-01-01 51719
2021-01-01 53297
2022-01-01 53779

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