Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Carbon County, MT
Series ID MHICIUBMT30009A052NCEN
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 22628
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26482
1994-01-01 .
1995-01-01 29122
1996-01-01 .
1997-01-01 32156
1998-01-01 33093
1999-01-01 34263
2000-01-01 36170
2001-01-01 36007
2002-01-01 36067
2003-01-01 36767
2004-01-01 38736
2005-01-01 39638
2006-01-01 44337
2007-01-01 46638
2008-01-01 51805
2009-01-01 45597
2010-01-01 46133
2011-01-01 46079
2012-01-01 47449
2013-01-01 50544
2014-01-01 50991
2015-01-01 53247
2016-01-01 57904
2017-01-01 57604
2018-01-01 59187
2019-01-01 61567
2020-01-01 69608
2021-01-01 69641
2022-01-01 74684

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