Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Powder River County, MT
Series ID MHICIUBMT30075A052NCEN
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 1:11 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 24878
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30398
1994-01-01 .
1995-01-01 29830
1996-01-01 .
1997-01-01 32660
1998-01-01 30646
1999-01-01 30484
2000-01-01 32161
2001-01-01 32315
2002-01-01 29711
2003-01-01 30855
2004-01-01 32832
2005-01-01 36531
2006-01-01 36777
2007-01-01 33941
2008-01-01 40486
2009-01-01 38669
2010-01-01 40066
2011-01-01 42763
2012-01-01 44080
2013-01-01 46979
2014-01-01 49445
2015-01-01 55166
2016-01-01 53127
2017-01-01 54024
2018-01-01 52442
2019-01-01 53589
2020-01-01 66809
2021-01-01 58863
2022-01-01 60863

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