Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Flathead County, MT
Series ID MHICIUBMT30029A052NCEN
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 25558
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29839
1994-01-01 .
1995-01-01 33552
1996-01-01 .
1997-01-01 35232
1998-01-01 36889
1999-01-01 36626
2000-01-01 39039
2001-01-01 38416
2002-01-01 38685
2003-01-01 39884
2004-01-01 42459
2005-01-01 42669
2006-01-01 46890
2007-01-01 48491
2008-01-01 47219
2009-01-01 48607
2010-01-01 44798
2011-01-01 46808
2012-01-01 48596
2013-01-01 49799
2014-01-01 50334
2015-01-01 51827
2016-01-01 53231
2017-01-01 60695
2018-01-01 58849
2019-01-01 65564
2020-01-01 65267
2021-01-01 68892
2022-01-01 69784
2023-01-01 77533

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