Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Beaverhead County, MT
Series ID MHICIUBMT30001A052NCEN
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 23171
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28367
1994-01-01 .
1995-01-01 31641
1996-01-01 .
1997-01-01 32744
1998-01-01 32218
1999-01-01 30995
2000-01-01 32762
2001-01-01 32009
2002-01-01 32571
2003-01-01 33601
2004-01-01 35263
2005-01-01 36461
2006-01-01 36976
2007-01-01 42141
2008-01-01 43023
2009-01-01 40666
2010-01-01 39182
2011-01-01 41949
2012-01-01 41995
2013-01-01 43761
2014-01-01 45801
2015-01-01 44895
2016-01-01 43747
2017-01-01 58767
2018-01-01 52858
2019-01-01 55434
2020-01-01 60474
2021-01-01 59108
2022-01-01 61781
2023-01-01 70439

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