Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Randolph County, MO
Series ID MHICIUBMO29175A052NCEN
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 24312
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26712
1994-01-01 .
1995-01-01 28576
1996-01-01 .
1997-01-01 30976
1998-01-01 32292
1999-01-01 32604
2000-01-01 34297
2001-01-01 32716
2002-01-01 33038
2003-01-01 34242
2004-01-01 36023
2005-01-01 35316
2006-01-01 37525
2007-01-01 39391
2008-01-01 40277
2009-01-01 36720
2010-01-01 40722
2011-01-01 39776
2012-01-01 42529
2013-01-01 42600
2014-01-01 45407
2015-01-01 43529
2016-01-01 47563
2017-01-01 51428
2018-01-01 49287
2019-01-01 53460
2020-01-01 59114
2021-01-01 54083
2022-01-01 53448

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