Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Mercer County, MO
Series ID MHICIUBMO29129A052NCEN
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 1:11 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 19048
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21770
1994-01-01 .
1995-01-01 25941
1996-01-01 .
1997-01-01 28711
1998-01-01 29938
1999-01-01 30642
2000-01-01 32824
2001-01-01 32088
2002-01-01 30944
2003-01-01 30700
2004-01-01 34444
2005-01-01 34417
2006-01-01 36204
2007-01-01 37121
2008-01-01 40355
2009-01-01 38156
2010-01-01 38540
2011-01-01 39066
2012-01-01 41414
2013-01-01 41984
2014-01-01 41901
2015-01-01 47075
2016-01-01 46687
2017-01-01 46659
2018-01-01 50735
2019-01-01 49729
2020-01-01 52874
2021-01-01 55563
2022-01-01 54876

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