Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Lafayette County, MO
Series ID MHICIUBMO29107A052NCEN
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 27280
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30823
1994-01-01 .
1995-01-01 33137
1996-01-01 .
1997-01-01 36370
1998-01-01 37829
1999-01-01 39029
2000-01-01 41659
2001-01-01 41125
2002-01-01 41488
2003-01-01 41406
2004-01-01 43022
2005-01-01 45837
2006-01-01 47352
2007-01-01 47542
2008-01-01 49768
2009-01-01 49299
2010-01-01 49482
2011-01-01 51845
2012-01-01 50602
2013-01-01 50435
2014-01-01 50631
2015-01-01 53726
2016-01-01 55283
2017-01-01 55899
2018-01-01 58988
2019-01-01 66918
2020-01-01 68140
2021-01-01 74075
2022-01-01 75749

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