Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Golden Valley County, MT
Series ID MHICIUBMT30037A052NCEN
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 18304
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21214
1994-01-01 .
1995-01-01 21948
1996-01-01 .
1997-01-01 24195
1998-01-01 22789
1999-01-01 27035
2000-01-01 29160
2001-01-01 27610
2002-01-01 26310
2003-01-01 26540
2004-01-01 27355
2005-01-01 30066
2006-01-01 33681
2007-01-01 35274
2008-01-01 37182
2009-01-01 33606
2010-01-01 36494
2011-01-01 35537
2012-01-01 36847
2013-01-01 40169
2014-01-01 40718
2015-01-01 41494
2016-01-01 42394
2017-01-01 39858
2018-01-01 42966
2019-01-01 45356
2020-01-01 48996
2021-01-01 49182
2022-01-01 51384

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