Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Wayne County, MO
Series ID MHICIUBMO29223A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:31 AM 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 15311
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 17832
1994-01-01 .
1995-01-01 21330
1996-01-01 .
1997-01-01 21955
1998-01-01 22968
1999-01-01 24367
2000-01-01 25802
2001-01-01 24707
2002-01-01 24937
2003-01-01 25662
2004-01-01 27153
2005-01-01 28372
2006-01-01 31306
2007-01-01 30487
2008-01-01 29967
2009-01-01 30378
2010-01-01 31272
2011-01-01 30757
2012-01-01 32835
2013-01-01 33657
2014-01-01 33371
2015-01-01 35193
2016-01-01 33550
2017-01-01 36729
2018-01-01 36646
2019-01-01 39299
2020-01-01 47072
2021-01-01 45673
2022-01-01 46632
2023-01-01 45786

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