Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Sheridan County, MT
Series ID MHICIUBMT30091A052NCEN
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 24223
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28795
1994-01-01 .
1995-01-01 32275
1996-01-01 .
1997-01-01 32812
1998-01-01 32769
1999-01-01 32192
2000-01-01 33861
2001-01-01 32997
2002-01-01 31718
2003-01-01 31836
2004-01-01 34038
2005-01-01 35166
2006-01-01 36437
2007-01-01 38972
2008-01-01 44087
2009-01-01 46443
2010-01-01 44918
2011-01-01 49451
2012-01-01 52407
2013-01-01 55282
2014-01-01 57952
2015-01-01 56062
2016-01-01 53955
2017-01-01 55224
2018-01-01 56823
2019-01-01 57277
2020-01-01 58544
2021-01-01 62931
2022-01-01 68632
2023-01-01 65506

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