Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Iron County, MO
Series ID MHICIUBMO29093A052NCEN
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 19946
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21473
1994-01-01 .
1995-01-01 25508
1996-01-01 .
1997-01-01 26921
1998-01-01 27444
1999-01-01 27479
2000-01-01 29081
2001-01-01 28205
2002-01-01 28414
2003-01-01 29428
2004-01-01 30453
2005-01-01 31227
2006-01-01 33047
2007-01-01 33336
2008-01-01 31719
2009-01-01 34733
2010-01-01 36108
2011-01-01 34972
2012-01-01 36997
2013-01-01 36064
2014-01-01 36105
2015-01-01 36625
2016-01-01 37142
2017-01-01 39214
2018-01-01 41633
2019-01-01 43678
2020-01-01 47883
2021-01-01 49174
2022-01-01 49076

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