Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Fergus County, MT
Series ID MHICIUBMT30027A052NCEN
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 22919
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27754
1994-01-01 .
1995-01-01 29122
1996-01-01 .
1997-01-01 31629
1998-01-01 31480
1999-01-01 32122
2000-01-01 34124
2001-01-01 33488
2002-01-01 33364
2003-01-01 33743
2004-01-01 35641
2005-01-01 37000
2006-01-01 38703
2007-01-01 40974
2008-01-01 43414
2009-01-01 40885
2010-01-01 41143
2011-01-01 42895
2012-01-01 43805
2013-01-01 44880
2014-01-01 47131
2015-01-01 48096
2016-01-01 50065
2017-01-01 54045
2018-01-01 52737
2019-01-01 53575
2020-01-01 57309
2021-01-01 61370
2022-01-01 67008

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